The death of the city


“The skyscrapers and office buildings in the city centers that used to be our most valued real estate have become places people avoid out of fear of infection,” Bloom said. “I don’t see people growing comfortable with packed subway trains and elevators, and firms aren’t going to want to open and close every time there’s a wave.” “It’s the fear of the virus that keeps people at home,” said Sven Smit, senior partner at McKinsey & Company and co-chair of the McKinsey Global Institute. He added that while it was too early to be certain the shift would stick, “the tendency [for longer-term change] is there.”

The complete article

AITOR HERNÁNDEZ-MORALES, KALINA OROSCHAKOFF, JACOPO BARIGAZZI — Politico

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