Lower Manhattan's Appeal as a Retail & Office Destination

Lower Manhattan's Appeal as a Retail & Office Destination

Assessment

Interactive Video

Business

University

Hard

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The video discusses the significant growth in downtown's residential and office populations, highlighting the booming neighborhoods like Brooklyn and the Jersey waterfront. It notes the transformation of downtown from a financial district to a vibrant area with major companies like Conde Nast and Time Inc relocating there. Despite the growth, there is a limited amount of retail space, which is a challenge given the high demand. The demographics of downtown now rival most marketplaces in the US, with luxury brands leasing space at Brookfield Place.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes have been observed in the downtown area regarding population?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact do you think the presence of financial firms has on downtown?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the demographic changes in downtown for future development?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the retail space situation evolved in downtown over the years?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the significance of the World Trade Center Underground mall in the context of downtown's retail history.

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