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- Cities hoping to convert emptying office buildings into apartments are running into financing issues, stagnating rental markets and other challenges that are bottling up their efforts. Developers last year created just 3,575 apartment units in the U.S. through office conversions, according to an analysis by rental listing site RentCafe.
www.wsj.com/real-estate/commercial/turning-empty-offices-into-apartments-is-g… - People also ask
Turning Empty Offices Into Apartments Is Getting Even Harder
WEBNov 6, 2023 · Cities hoping to convert emptying office buildings into apartments are running into financing issues, stagnating rental markets and other challenges that are bottling up their efforts.
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WEBJul 15, 2023 · With many employers switching to remote work, two engineering experts explain the feasibility of converting office buildings to residential spaces.
Can we turn all those empty office buildings into housing?
WEBJan 13, 2024 · Washington, DC CNN — There’s a dream solution to America’s housing crisis and to its increasingly deserted downtowns: Convert the empty offices into …
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WEBOct 27, 2023 · As cities across the US continue to struggle with climbing office vacancies and unaffordable rents, the White House on Friday released a new plan to help property …
WEBJul 24, 2023 · Out-of-the-way and older office buildings are targets for conversions to apartments. City centers are struggling to fill the gap left by commuters who now come …
Why empty offices aren't being turned into housing, despite …
WEBJul 25, 2021 · Planning departments of major cities, including San Francisco; San Jose, California; Seattle; Phoenix; New York; Fort Worth, Texas; Dallas; and Houston, said …
Turning empty offices into housing is a popular idea.
WEBFeb 6, 2023 · Cities across North America are repurposing older, empty office buildings, turning them into residential property — and demolishing them outright if they're not worth salvaging.
What Would It Take to Turn More Offices Into Housing?
WEBDec 27, 2022 · That’s a vast amount of empty space — nearly 13 percent of the market — that could be turned into two-bedroom apartments, big-box retailers, boutique hotels, community college classrooms or even...
WEBApr 29, 2024 · According to a recent paper by the National Bureau of Economic Research, converting an out-of-date office building into an apartment complex can increase its …
Editorial: Turn office buildings into apartments to beat housing …
WEBJun 25, 2023 · Thanks to local and state efforts to loosen land-use laws, developers in California will soon find it much easier to convert commercial properties into …
Turning Empty Offices Into Apartments Is Getting Even Harder
WEBDevelopers of One Camelback, a 200,000-square-foot office building in central Phoenix, are trying to convert it into what would be one of the city’s most expensive rental …
Architects explain how they're turning office buildings into …
WEBSep 4, 2023 · Elected officials in cities across the US are trying to solve a housing shortage, empty offices in a remote-work world, and the climate crisis by converting underused …
Cities are turning empty office buildings into apartments - Quartz
WEBApr 12, 2022 · The trend is finally coming to the US as developers transform obsolete offices and retail spaces into warehouses, mostly for e-commerce goods.
The pros and cons of turning office buildings into housing
WEBJun 25, 2023 · As Australia grapples with a housing crisis and a pandemic-wrought workplace shift that's left office buildings in major cities underused, a seemingly simple …
Study examines viability of turning empty office blocks into homes ...
WEBAug 9, 2023 · A new working paper out this month from the National Bureau of Economic Research found that between 10% and 15% of office buildings in the United States are …
How an empty office becomes a home - NPR
WEBMar 23, 2022 · Real Estate developers are turning those empty offices into homes. New York City is at the epicenter of these office to apartment conversions. Today, we talk …
How 2 NYC Office Towers Were Transformed Into Over 1,000 …
WEBNov 24, 2023 · Architects are cutting big holes in the middle of skyscrapers and adding more floors to turn empty NYC offices into apartments
Turning 'Zombie' Offices Into Apartments Can Be Tricky – and …
WEBJul 14, 2023 · About $800 billion may be wiped off the value of offices in major cities this decade, per McKinsey. Converting New York offices into residences is possible but has …
Why the Dream of Turning Empty Offices Into Housing Is a Bust
WEBDec 12, 2022 · If we want to see more offices converted into apartments now—real apartments, not makeshift bedrooms in old conference rooms—cities will need to …
How empty office buildings could help NYC solve its housing crisis
WEBApr 10, 2024 · Between 1995 and 2006, the so-called 421-g program catalyzed conversion of a staggering 13 million square feet of useless downtown offices to nearly 13,000 …
Opportunity Louisville: Can converting office space to residential ...
WEBMar 22, 2024 · To be sure, converting office buildings into residential units is not as easy as putting up new walls and laying carpet. In fact, not every building is a viable …
Project to turn empty Kalamazoo office building into 82 …
WEBProject leaders are working to turn a vacant building at 203 Rose St. into a mixed-use building with 82 housing units and a restaurant. The building used to be an office …
Developer pitches turning near-empty Annandale office building …
WEB4 days ago · A six-floor office building in Annandale could grow two stories taller and add about 50 housing units under a new development plan.. Located at 7620 Little River …
IMT Wood Ranch Apartments - ApartmentHomeLiving.com
WEB2 days ago · IMT Wood Ranch Apartments in Simi Valley, CA 93065 | See official prices, pictures, amenities, 3D Tours, and more for 1 to 2 Bedroom rentals from $2315 at IMT …
Sofi at Wood Ranch - Apartments in Simi Valley, CA
WEBThis apartment is located in Wood Ranch, the best area of Simi Valley, close to the 23 freeway, and surrounded by greenery. the apartment is simple but has it all. Vaulted …
River Ranch Apartments in Simi Valley, CA
WEB2 days ago · River Ranch Apartments in Simi Valley, CA 93065 | See official prices, pictures, amenities, 3D Tours, and more for 1 to 3 Bedroom rentals from $1972 at River …
Woodside Apartments | Simi Valley, CA Apartments For Rent
WEBJan 10, 2019 · Woodside Apartments and Nearby Apartments in Simi Valley, CA | See official pictures, amenities and community details for Woodside Apartments on …
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