#office-to-residential-conversion
#office-to-residential-conversion
[ follow ]
New York City
fromBusiness Insider
2 weeks agoSee inside JPMorgan offices that were transformed into apartments with luxury amenities
New York City is converting large amounts of office space into residential units using state tax incentives, producing thousands of new apartments including affordable units.
fromwww.theguardian.com
2 weeks agoThe dream of turning empty office blocks into apartments appears over. What went wrong?
Two years ago, state and local governments pushed to fast-track conversions of near-empty offices into much-needed apartments to alleviate a housing crunch. The promised panacea never eventuated. Momentum to create homes out of empty offices has faded even as office vacancies rise and housing shortages intensify. Developers have not submitted a single application to turn an office into housing in central Melbourne since 2023. Just one successful application has been made in the CBD of Sydney, the country's most unaffordable city.
Real estate
Real estate
fromBusiness Insider
2 months agoCo-living spaces are more than just 'adult dorms.' They could be a solution to the housing crisis.
Co-living provides affordable, convenient housing with vetted roommates, furnished private rooms, shared amenities and services, and can leverage office-to-residential conversions to expand affordable housing.
[ Load more ]