NYC lags behind other US cities in getting workers to return to offices
nypost.com
nypost.com
- Restaurants, fast food places, bars, etc.
- Mass transit - reduced ridership means less revenue, so there may need to be service and staff cuts.
- Commercial buildings - fewer jobs for maintenance and cleaning workers if nobody is working there.
- All city services, which depend on sales taxes (e.g., from restaurant meals), NYC income tax (fewer employed workers in the industries mentioned above), and property taxes (which are based on real estate valuations - if commercial rents drop due to low demand, valuations will go down).