Re:St. Louis office tower lost 98% of its value
by appplication on Tuesday April 16, 2024 @08:50AM
(#40051273)
It’s poor reporting. The sole tenant, AT&T, vacated in 2013/2014 and declined to renew their lease in 2017. Well before the recent remote work trend: https://en.wikipedia.org/wiki/909_Chestnut_Street
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Re:St. Louis office tower lost 98% of its value
by kelipso on Tuesday April 16, 2024 @10:03AM
(#40052014)
I get the sense the city is losing workers, I had an interest in working there once and all I heard from friends were stories of car break-in and general lack of safety.
Re:St. Louis office tower lost 98% of its value
by CrimsonCape on Tuesday April 16, 2024 @12:47PM
(#40054272)
What motivated you to work there?
After visiting there for a school trip years ago it seemed like a remnant of industrial revolution time. The criminal aspect was doubly disconcerting.
There seem to be a lot of middle-America places that are falling by the wayside because of the functional-person drain. It's not even a brain-drain of white collar people, it's pretty much everyone who wants to live a non-"watch out for your life" lifestyle, which is, everyone?
Re:St. Louis office tower lost 98% of its value
by appplication on Tuesday April 16, 2024 @10:10AM
(#40052132)
This has been a St Louis trend for decades. I recall hearing in the mid 2000s how the population was 1/3 that of its its peak in the 1970s.
That said, it is a nice city, and cost of living is (was?) low compared to most other metro centers. I really enjoyed my time in St Louis.
Re:St. Louis office tower lost 98% of its value
by toomuchtodo on Tuesday April 16, 2024 @02:24PM
(#40055457)