Word: sit
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Dates: during 2000-2009
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...Plenty of people in the U.S. could make the same observation. Nationwide, 10% of shopping-center stores sit empty, according to the real estate analytics firm Reis. That's the highest percentage of vacancies since 1992 - what you get when you mix a bad recession with a commercial real estate bust (thanks to years of overzealous building). (See pictures of Americans in their homes...
...work of Marc Feldman at Developers Diversified Realty, an Ohio-based company that owns nearly 700 retail properties across the country. He and his 15-person team are charged with finding non-traditional uses for available spaces at a time when some 9% of the firm's units sit idle. Among the temporary uses they've landed on: health clinic, campaign office, auction house, county library, swap meet and soundstage for a car-commercial shoot. "It doesn't make up for the rents those retailers were paying, but it definitely provides revenue that we wouldn't otherwise have," says Feldman...
...part of their research, they collected statistics from HUDS and the Harvard Office for Sustainability. They also conducted focus groups and surveys which found that while most students use Fly-By at least once a week, few actually “fly by,” opting instead to sit in Loker Commons...
Buried in the depths of Robinson Hall, Pastor’s new office is bare. No books sit on the shelves, no pictures hang on the walls. His office decor seems to suggest that he won’t be staying for long, that his worries lie elsewhere...
...government places great stock in the value of this sort of national spectacle, and the public has been barred access to streets where the parade takes place. While the events are meant to herald China's arrival as a modern superpower, the era when the Qing Emperor would sit perched atop his throne at the gates of the Forbidden City, surveying his massed army before him, still doesn't seem that far away...