At one time, the fourth floor of the Beit Agron building in downtown Jerusalem was coveted journalistic real estate.
There was a waiting list for those looking for space on the top floor of the five-story building named after Gershon Agron, the first editor of what was originally called The Palestine Post and is now known as The Jerusalem Post.
The Boston Globe, Newsday, The Chicago Tribune, Los Angeles Times, UPI and The Baltimore Sun all had offices here, alongside colleagues from Europe's top papers.
These days, the fourth floor of Beit Agron is becoming a hall of ghosts.
Over the last few years, every major American news organization with an office on the fourth floor of Beit Agron has closed its doors - except one: McClatchy.
Newsday's correspondent: Long gone. The Boston Globe bureau: Closed. The Baltimore Sun office: Kaput. Most recently, the Tribune Company closed its Chicago Tribune bureau in Jerusalem and fired one of the two Los Angles Times reporters based in Jerusalem.
Remarkably, McClatchy has so-far done more than most major media companies to not only protect, but to encourage, high-quality international reporting.
That commitment has allowed McClatchy to produce award-winning projects like "Guantanamo: Beyond The Law," an eight-month examination, led by reporters Tom Lasseter and Matthew Schofield, of what happened to dozens of Guantanamo detainees when they were released.
Of course, McClatchy isn't immune from the economic travails. Those of us working overseas find ourselves covering more geography without the same resources once at our disposal.
In the US (a country where respect for reporters ethics generally ranks alongside bankers), there are few tears being shed as news organizations retreat from covering the world.
The demise of overseas reporting might not matter as much if American correspondents were being replaced by new outlets offering better coverage. But we're not.
Quality overseas reporting is simply going away.
When The Chicago Tribune closed the Jerusalem bureau, they fired Joel Greenberg, a rare American journalist who knows both Arabic and Hebrew and has covered this conflict for a quarter century.
Some argue that Americans can rely on Israeli news outlets and Middle East-based blogs as an alternative.
But Israeli and Palestinian media sources are simply no substitute.
Journalism in Israel is undeniably the most free-wheeling in the Middle East.
But Israeli reporters are bound by strict censorship laws that prevent them from writing about the country's most important military issues, such as the Israeli bombing of the Syrian military site in 2007.
And Israeli reporters are barred by their government from entering Gaza, making their coverage of one of the most complex issues currently facing their country inevitably unbalanced, short of critical perspective and largely devoid of reliable, on-the-ground reporting.
(Beyond Gaza, Israeli reporters can't cover neighboring countries still at war with Israel...)
The Palestinian media is nowhere close to serving as a supplement for outside coverage. Palestinian reporters face threats from both the pro-Western PA government based in Ramallah and the Hamas-led government running Gaza.
The dwindling number of American reporters covering the Middle East means a dwindling number of voices able to bring different perspectives and analysis to a complex conflict.