2 ms·
Picture SOMA with 50% office vacancy. Literally landlords would give you an office for free just to keep people from vandalizing it. And this went on in 2001-20
by ttul 8y ago
Picture SOMA with 50% office vacancy. Literally landlords would give you an office for free just to keep people from vandalizing it. And this went on in 2001-2003. The recovery of tech took a really really long time.
I miss the tech crash. So many great people were floating around with nothing to do. It was a good time to be starting something.
- asciimo 8y agoThis isn't the SOMA I remember back in the day. Even if that estimate is accurate, "SOMA" was barely a thing. Now SOMA is literally south of market, and a 50% vacancy would be quite different.