The Recession Is In The Building

24Feb09

Our building in Sherman Oaks has four floors of office space, 3-6. The 6th floor has always been key-access only. It is vacant except for administrative personnel and some strange tribute to Native American art work that, oddly enough, reminds me of childhood trips to the Moose Lodge with my dad and my grandfather.

Last year, Shoe Pavilion declared bankruptcy, and the corporate offices on the 4th floor were shuttered.

Today, a co-worker informed me that the 4th floor became off limits as well. Sure enough, the elevator wouldn’t allow me to go up. But, I did get to 4 from the 5th floor.

That’s where I found this:

photo

Two out of four floors nearly empty. A 50% occupancy rate – assuming the remaining two floors are full, which they are not.

Los Angeles is not the city it should be these days.

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