The Real Price of Work From Home

New York and other cities have struggled to fully bounce back from the pandemic, in part because many people who can work from home either part or full time are choosing to do so. That means a lot less money is being spent in shops and restaurants. Expensive office buildings are standing partially empty and fewer passengers are paying subway and bus fares. Reporters Emma Court and Donna Borak join this episode to talk about how work from home is transforming city life and costing downtowns billions. Tracy Hadden Loh, a fellow at Brookings Metro, explains how, as she puts it, cities can reinvent themselves to be go-to places not just between the hours of 9-5, but 5-9. Read more: https://bloom.bg/3jOsY8Z Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

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