Pandemic era adoption of work-from-home and hybrid work models has left many office spaces unused, triggering a surge in expired leases and vacant office buildings. Simultaneously, the residential ...
After moderate gains in the years following the pandemic, the number of apartments resulting from converted buildings was ...
A state agency has given the green light for a major office-to-residential conversion in Times Square. The Empire State Development (ESD) board of directors, which runs the state’s economic ...
Office-to-residential conversions are climbing to new heights in the new year. According to a recent RentCafe report, a record-breaking 70,700 apartment units are set to emerge in 2025 from office ...
ROCHESTER, N.Y. – Clinton Square, one of downtown Rochester’s premier office buildings, is now under new ownership. David Riedman, president of Riedman, a Rochester-based real estate firm, closed on ...
The much-anticipated construction financing to fund Metro Loft and David Werner’s office-to-residential conversion of the former Pfizer’s former headquarters in Midtown Manhattan has crossed the ...
ST PAUL, Minn. — The City of St. Paul has the potential of adding nearly 4,000 new apartment/condo units in the coming years without breaking any new ground. That's according to a new report that ...