Shift to 'Playground City' Leaves Much of New York's Office Space Empty but Attracts Millions of Visitors
- New York's office buildings remain largely empty as the city transitions to focusing on leisure and entertainment.
- New York welcomed 56 million visitors last year as it shifts to being a 'Playground City' centered around everyday life and accessible joys.
- Reviving New York depends on creating mixed-use, mixed-income neighborhoods with various amenities.
- Outdated regulations and policies must be removed, buildings reinvented, streets revitalized, e-commerce taxed fairly, and citizens engaged.
- A nonprofit real estate company could balance the needs of all New Yorkers, rich and poor.