Office-to-Residential Conversions Are Booming and New York Is the Epicenter(wsj.com)
wsj.com
Office-to-Residential Conversions Are Booming and New York Is the Epicenter
https://www.wsj.com/real-estate/commercial/nyc-office-residential-conversions-housing-4723b702
1 comments
Conversions sound obvious, but most office buildings just weren’t designed for residential codes. NYC relaxing zoning and allowing more flexibility is probably the main reason it’s seeing so much activity compared to other cities.