[montag813]

Buyers with deep pockets who can swoop up NYC’s commercial properties and convert them into luxury residential housing will do very well.

[Wallace T.]

Assuming crime levels remain high or even increase and cities fail to address the open air drug markets, aggressive panhandlers and general filth, cities like New York will degentrify. The office buildings in the business districts may become this decade's and the 2030s equivalent of the abandoned factories of the Rust Belt. The rehabilitated buildings and new apartment buildings will revert to slums.