New York City has converted substantial industrial space into self-storage, with Brooklyn leading in the country for total space repurposed, highlighting the opportunities in urban real estate.
Brooklyn's 4.6 million square feet of self-storage accounts for more than half its total storage space and places it second nationally, indicating a significant conversion trend.
Despite Manhattan having high competition for storage, its conversion efforts created 4.4 million square feet, illustrating ongoing demand in densely populated urban environments.
The Bronx has emerged as a top area for self-storage conversions, third among NYC boroughs, indicating the rising trend of using available spaces for storage solutions.
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