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San Francisco's DOOM LOOP: Taxpayer-Funded Mall IMPLODES as 7 More Stores FLEE

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Manage episode 482026914 series 2792715
Content provided by Sean Reynolds. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sean Reynolds or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Yet another wave of retailers fleeing San Francisco's 'doom loop' mall, and the exodus just keeps accelerating! Seven more stores (plus bonus closures!) have abandoned the sinking Westfield Centre as it drowns in $625.6 million of debt. While city officials claim streets are 'cleaned up a bit,' retailers like Rolex, Bloomingdale's, and even Sunglass Hut have decided homeless people using elevators as toilets isn't part of the luxury shopping experience they promised customers.

Watch as we explore how this once-thriving 1.5 million square-foot destination has transformed into an empty shell that nobody wants to touch—even after FOUR delayed foreclosure auctions. Is this rock bottom for San Francisco, or just another chapter in a completely preventable policy disaster?

  continue reading

2829 episodes

Artwork
iconShare
 
Manage episode 482026914 series 2792715
Content provided by Sean Reynolds. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sean Reynolds or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Yet another wave of retailers fleeing San Francisco's 'doom loop' mall, and the exodus just keeps accelerating! Seven more stores (plus bonus closures!) have abandoned the sinking Westfield Centre as it drowns in $625.6 million of debt. While city officials claim streets are 'cleaned up a bit,' retailers like Rolex, Bloomingdale's, and even Sunglass Hut have decided homeless people using elevators as toilets isn't part of the luxury shopping experience they promised customers.

Watch as we explore how this once-thriving 1.5 million square-foot destination has transformed into an empty shell that nobody wants to touch—even after FOUR delayed foreclosure auctions. Is this rock bottom for San Francisco, or just another chapter in a completely preventable policy disaster?

  continue reading

2829 episodes

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