Here’s the Key Driving Downtown New York’s Revival

As downtown areas rebound, attention has primarily centered on office re-openings. However, recent findings challenge this focus, revealing that nightlife and after-hours engagement are more influential in driving recovery than daytime activities. The University of Toronto’s School of Cities, tracking cell phone activity across 62 downtown regions in the U.S. and Canada since January 2020, underscores this shift. Their research indicates that economic diversity, encompassing entertainment, dining, retail, and tourism, significantly contributes to urban recovery post-pandemic.

*Article courtesy of New York Business Journal

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