Baer considers long-term challenges for downtown businesses
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According to Christie Baer, assistant executive director for the University of Michigan’s Center on Finance, Law and Policy, downtown businesses face a big decision as the pandemic continues.
“Businesses that thought that they just had to weather a short storm are suddenly realizing that it’s going to be like this for a long time,” she said. “It just becomes not as worth it to pay a higher cost of being downtown.”