Tag: tech industry remote work
San Francisco’s 165-Year Old GUMP’S CEO Scorns Politicians for Crime, Homeless Drug Addicts
Gump’s is a luxury American home furnishings and home décor retailer, founded in 1861 in San Francisco, California. Except today, Gump’s is under siege. Homeless drug addicts, thievery, ramifications of COVID policies, harassment of the public and the defiled city...
San Francisco Office Vacancies Hit New Record – Nearly One-Third are Empty
According to a new study released Tuesday, San Francisco’s office vacancy rate hit a new high of 31.8% in the second quarter of 2023, climbing up from 29.4% earlier this year as the economic situation in San Francisco continues to...
San Francisco Office Vacancy Rates Rise To Nearly 30% In First Quarter 2023
The office vacancy rate for San Francisco rose to 29.4% during the first quarter of 2023 according to a new study on Tuesday, with the continued pullout of tech firms due to massive downsizing cited as the main reason. Before...
SF Mayor London Breed Outlines Plans For Downtown Recovery In State Of The City Address
San Francisco Mayor London Breed gave her annual State of the City address on Thursday, outlining her plan to save the Downtown area of the city amid record low office occupancy, tens of thousands being let go from Bay Area tech...
San Francisco Vacancy Rates Hit 27% In 2022
Vacancy rates in San Francisco hit an average of 27% in 2022 according to the CBRE real estate firm this week, jumping up from 19% in 2021 and 4% in 2022, becoming the highest vacancy rate the city has seen...
Snap Becomes Latest Company to Leave San Francisco Amid Office Pullout in City
Snap, the parent company to popular social media sites such as Snapchat, became the latest tech company to pull out of San Francisco this week due expensive San Francisco leasing prices and more workers in the company working at home....