VITAL CITY—July 1, 2024—Today, Vital City is proud to publish its latest issue on whether fears of a downward spiral for cities are justified and what comes next for urban America. We place a special focus on New York City’s future, which from our contributors’ vantage point mostly looks brighter than the Cassandras suggest. The worries are rooted in a theory that the postpandemic rise in work-from-home will decimate commercial real estate values, reducing tax collections and forcing cities to cut services, raise taxes or both, accelerating population declines. The latest issue titled “Is the Urban Doom Loop for Real? The death and life of great American cities (again).”
View the latest issue here.