San Jose, Boston, San Francisco, New York and other urban hubs long known for fostering talent and innovation, rank among the top global destinations poised for a quicker economic and commercial property rebound as the threat of the pandemic recedes.
Empty city streets, a hallmark of the pandemic, won’t last forever for these cities, according to a new report.
“However, a resurgence will take place as people continue to be drawn to the opportunities, amenities and lifestyle offered in these locations, and cities with the strongest innovation and talent credentials are best placed to support a solid recovery.” While sparse office use remains common two years into the pandemic, the report found “existing innovation districts have recovered quicker than surrounding areas in demand and pricing,” a trend the researchers expect to continue.
Eye on the future How people think about work — and where they want to live — was in flux before the pandemic, particularly with the affordability crisis bearing down even harder in recent months. See: Climate change fueled 3rd costliest losses ever in 2021 — less than half of that property was insured
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Decision looms for start of big downtown San Jose tech campusA development alliance is readying a decision about when — or whether — to launch construction of a huge tech campus that’s proposed for downtown San Jose.
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Teen charged with murder after 12-year-old San Jose girl dies of fentanyl overdoseThe 16-year-old sold the drugs to the girl in 2020. Dalilah Julianna Mederos Guerrero died shortly after consuming three-quarters of a single pill, prosecutors said. The girl became the youngest person to fatally overdose in the county that year, according to the DA.
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San Jose could be 1st in US to require gun liability insurance, city officials sayGun owners would be required to carry liability insurance and pay a fee under a proposed ordinance in the city of San Jose that officials say would be the first of its kind in the United States.
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San Jose is first U.S. city to mandate gun owners carry insurance and pay a fee“The point is we can reduce a lot of harm and tragedy and pain, even if we’re not going to magically make a gun fall out of the hands of the crook,” said Mayor Sam Liccardo.
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