There is perhaps no city more iconic in the world than New York City. But how does the economy of the incredibly densely packed and often struggling city survive now, and will this be the case for years to come? Learn more about your ad choices. Visit megaphone.fm/adchoices
Cities have been struggling since the pandemic. In some—including Los Angeles and San Francisco—office high-rises have become “zombie buildings,” with vacancy rates of 50% or more. But many people still want to live in cities and be part of a vibrant community. BCG’s Santiago Fer ...Show more
Nick and Wendy talk about visiting two favelas, the famous slums of Rio de Janeiro. In particular, they discuss the security situation and the level of development in the favelas.
US shopping malls, once a mainstay of American life, are in decline. Forty malls have closed since 2020, while more than 230 department stores have closed in the same time period, according to Green Street, a real estate analytics firm.But where there is change, there is also opp ...Show more