San Francisco's Embarcadero is Almost Completely Vacant

[Andrew Syrios]

This is a wild video to say the least: 

This guy just walks around the famous and formerly bustling Embarcadero in San Francisco and it is a ghost town. I would certainly hate to be a commercial real estate investor in one of these places, or just about anywhere in major coastal cities right now. It would seem that commercial real estate is in a nationwide recession while commercial real estate in a few places like San Francisco and New York is in a downright depression.