NYC's First Wave of Office-to-Residential Conversions Could Create over 17,000 New Homes, Report Says

NYC's first wave of office-to-residential conversions could create over 17,000 new homes, report says

New York City’s first wave of office-to-residential conversions could yield over 17,000 new apartments, highlighting the potential for such projects to help ease the city’s housing shortage, according to a new report. Published on Thursday by City Comptroller Brad Lander, the report finds that 44 office conversions initiated after the pandemic could transform 15.2 million square feet of office space into as many as 17,400 homes over the coming y…

A 295-Unit Office-To-Residential Conversion Pitched In Courthouse

Quadrangle Development has plans to convert an almost entirely vacant nine-story office building along North Courthouse Road.