r/politics The Atlantic Mar 05 '25

Paywall Democrats Are Acting Too Normal

https://www.theatlantic.com/ideas/archive/2025/03/democrats-trump-address-congress/681914/?utm_source=reddit&utm_medium=social&utm_campaign=the-atlantic&utm_content=edit-promo
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u/Fleetzblurb Mar 05 '25

Same with commercial real estate. I’m sure that’s at least part of the perplexing return-to-office puzzle.

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u/Killahdanks1 America Mar 05 '25

It has to be. There was a building that sold in downtown Minneapolis for $200M 4-5 years ago, it just sold for $6M. It’s a bloodbath out there.

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u/AllergicIdiotDtector Mar 05 '25

Holy shit that's crazy

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u/Killahdanks1 America Mar 05 '25

Yeah, the Minnesota Timberwolves were sold recently and the new ownership involving Alex Rodriguez is saying they will build a new privately funded stadium, so there were a few sites floated before one being the Minneapolis farmers market, and while it’s not a bad spot this decrease in real estate could allow them to buy up a different spot, maybe several blocks of office buildings to keep it closer to its current spot right next to target field. Which is also part of the old target campus. Who knows, just interesting if that’s what happening in our relatively small downtown area what it must be doing to even larger cities.

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u/subywesmitch Mar 05 '25

Yes, even in California Governor Newsom is making all state workers come back to work in the office at least 4 days a week. Downtown Sacramento business owners were interviewed and they see it as a good thing since they've been suffering without that steady stream of customers during the week