In the first half of this year, what people started calling a "doom loop" continued to unfold in downtown San Francisco, hollowed out by remote workers who emptied out office buildings.
The office workers were followed by an exodus of downtown retail as conditions deteriorated and safety became a big concern. The next domino to fall was the city's convention business.
San Francisco's premier convention venue, the Moscone Center—located in the heart of downtown—suddenly saw its schedule hollowing out as tech players bailed out of conferences traditionally held in the city.
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