❗Let's close the gap: We still need your help to raise $40,000 by April 1. Donate now

In Shanghai, vacant storefronts abound, but it's still a struggle to find space

Jan 9, 2024
China's housing bubble has popped, and the commercial property market is going through a rough patch.
For lease signs are posted on an empty Shanghai coffee shop. The commercial property market is going through a transition after the city's severe pandemic lockdown.
Charles Zhang/Marketplace

70 businesses selling alcohol in three square blocks: Living in Manhattan’s “Hell Square”

Aug 30, 2018
“We have more licensed establishments than anywhere in the city. And we absolutely have more 311 complaints.”
Robin Marchant / Getty Images