What will working from home mean for commercial real estate : Planet Money : The Indicator from Planet Money The coronavirus has caused a massive downturn in commercial real estate. As the pandemic continues and companies back out of leases, the future of commercial real estate is brought into question.

Commercial Real Estate's Great Reckoning

Commercial Real Estate's Great Reckoning

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NEW YORK, NEW YORK - SEPTEMBER 29: A mover walks past a vacant store in Union Square as the city continues Phase 4 of re-opening following restrictions.
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In March, the business of commercial real estate came to a screeching halt.

The coronavirus pandemic, social distancing, and remote work have meant that people are going out less and businesses around the country have felt the impact. In September, it was estimated that 100,000 businesses had closed for good.

All of this has brought the future of commercial real estate into question. Will there be a massive bounce-back or are we experiencing a permanent disruption?

Today on the show, Stacey and Cardiff look into it.

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