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No, I am talking about the near-term viability of the San Francisco tech/commercial/residential space - where hotels with ~1,000 rooms are being fire-sold becau
by samstave 3y ago
No, I am talking about the near-term viability of the San Francisco tech/commercial/residential space - where hotels with ~1,000 rooms are being fire-sold because the hedgies are losing ~52% of their bookings [0]
So, the overall "slurped up" (as opposed to 'trickle-down') economy is really weak currently, and they are not seeing a positive return for a while, thus - Market street is going to suffer.
Let make Zuck and Ellison and Benioff (the largest land owners in Hawaii) convert/rebuild Lahaina - but provide some housing in SF for refugees... :-)
https://www.cbsnews.com/news/park-hotels-leaving-san-francisco-clouded-recovery/ https://www.cbsnews.com/news/park-hotels-leaving-san-francis...