Recent comments in /f/jerseycity

bodhipooh t1_jc2dqp4 wrote

100% this - I find most (if not all) of my clients have not gone back to full on site, and have no plans to do so. In fact, some of them are very much NOT considering any sort of forced RTO plan. One of my favorite clients is located three blocks away, and I go see them every other week, and there is never more than a handful of people on site (6 or 7?) and at least two of those are there to work with me on specific IT initiatives. They have a whole floor at 101 Hudson and never more than a few souls there. I can't imagine it is cheap to lease a whole floor there. The entire building is mostly deserted. I can't imagine any of those few remaining lunch places can survive on what little foot traffic is there now.

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MightyBigMinus t1_jc2c5fd wrote

There's a remarkably broad "ground floor retail" extinction going on everywhere right now. Restaurants are obviously a big part of it, but in exchange place for example even the nail salon and the washington-mutual bank branch noped out (on top of the potbelly and au bon pain).

I don't really know whats up, but my guess is places that were just barely limping through covid waiting/hoping/praying for things to "get back to normal" are finally hitting their breaking point. As much as every clickbait headline is about some company forcing workers to return to their office, you can still see most floors of most buildings down here are empty.

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JeromePowellAdmirer t1_jc24rdr wrote

There are plenty of solutions, fare free transit isn't one of them until service levels are high enough that risking a cut wouldn't devastate the system. Every single transit system in America has too low service and reducing revenue can't increase it.

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Jahooodie t1_jc21d7g wrote

The rent should be cheaper, but I'd bet the landlord is charging full foot traffic ped plaza prices

Edit: Isn't this the landlord that is also threating to go belly up because Elon stopped paying rent on twitter buildings, and it's the same realty group? Who knows how that effects the outlook of commercial ground floor tenants

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