How Cities Are Changing: The Commercial Real Estate Vacancy Question

As businesses are scaling back on their commercial real estate leases, what does that mean for tax collection and city revenues? Given that more money is being spent within the neighborhoods where people live, how has that trend been transforming the cities?  We will also take a look at:

  • Effects of income inequality
  • Demographics
    • Population decline, number of children in school, seniors/healthcare
  • Conversion of commercial real estate space: 
    • Adaptive refinancing: in which situations does it work?
    • US DOT through Build America programs to expand other conversions