High vacancy rates beginning to affect tax coffers
Introduction: Earlier this month a news report noted that three office towers in Pittsburgh’s central business district (CBD) won appeals for their property assessments. The
Introduction: Earlier this month a news report noted that three office towers in Pittsburgh’s central business district (CBD) won appeals for their property assessments. The
Background At the onset of the pandemic, Pennsylvania officials reacted by forcing nonessential businesses to close and recommended that people who could, work from home.
Summary: Pittsburgh’s central business district’s (CBD) class A office space vacancy rate continues to climb. As a prior Policy Brief (Vol. 20, No. 11) reported,
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