I'm on the hunt for office space in the city, scoping out deals and such. The real numbers, according to folks I've spoken with on the ground, are much higher.

I'm on the hunt for office space in the city, scoping out deals and such. The real numbers, according to folks I've spoken with on the ground, are much higher. Many units simply aren't listed or are in a "limbo" state. In a number of buildings vacancy rate is 70%+. I've been asking shop and restaurant owners how their business is doing during lunch - down 70%-80%. Buildings that were originally built at 70/sqft are now selling at 40 or less. For real estate investors, this can be realized to a loss of 30-40%. From what I can tell, many companies that remain in SF aren't renting in FiDi but are choosing to rent out entire buildings in Hayes and the Mission. It's bleak, and FWIW, having just gone through YC, there aren't going to be too many AI companies to "save the day." On the flip side, the city does seem cleaner and occasionally more vibrant. Market street is cleaner now than it was during the summer (might just be the rainy weather). The open air drug market has seemingly moved onto a side street and the "we robbed a walgreens" shops near the bart stations in the mission have also been cleaned out, for the most part.