Is NYC Avoiding the So-Called 'Urban Doom Loop'?

The Brian Lehrer Show | Jan 19, 2024
Back in 2022, Stijn Van Nieuwerburgh, professor of real estate and finance at Columbia University’s Graduate School of Business, argued New York City might be stuck in what he called an "urban doom loop." Now, he thinks the city may have avoided the the worst of it as tourism has rebounded and workers are returning to the office in decent numbers.

 

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