Today’s lenders and equity investors are often willing to fund conversions of old office buildings into newly renovated residential buildings. New York City has been the epicenter of such activity. It ...
A 2022 analysis by Cushman & Wakefield estimated that in the U.S., approximately 330 million square feet of office space could become functionally obsolete or stranded by 2030. This risk arises from ...
Cleveland continues to lead major U.S. cities when it comes to turning vacant or underused office buildings into residential developments full of new tenants. A recent report from the real estate firm ...
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