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Jolt from Japan, Count on the Consumer?, and Shipping & Shoes 12/20/22

The Exchange

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New York Office Buildings - The Silver Bullet Is Not Going to Save the Commercial Space

Only about half of Manhattan's office workers are back in the office. The new worry right now is layoffs, especially in tech. Wharton property advisors estimates that 40% of New York office buildings face a critical choice whether to start costly renovations or leave them empty as zombie buildings.

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