#office-to-residential-conversions

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New York City
fromForbes
3 days ago

New York City Tackles Housing Crisis With Midtown South Rezoning Plan

Rezoning of 42 Midtown Manhattan blocks will enable nearly 10,000 housing units, including about 3,000 permanently affordable, and encourage office-to-residential conversions.
fromwww.aljazeera.com
1 week ago

Cuomo wants to be New York City's next mayor. Will his plans help the city?

Cuomo who only moved into New York City in September 2024 after living in Westchester, a suburban community north of the city has promised to build over the next decade half a million new apartments, two-thirds of which will be affordable. The plan offers tax incentives to private developers to build more residential developments. It also says it will loosen zoning laws to promote office-to-residential conversions.
New York City
Real estate
fromMiami Herald
1 week ago

Many of Philadelphia's office buildings are plummeting in value - and it's costing the city millions

Philadelphia Center City office buildings are selling for far below previous prices and assessed values, prompting conversions and attracting opportunistic investors amid widespread valuation declines.
UK politics
fromwww.theguardian.com
1 month ago

Ministers urged to put brakes on offices in England being turned into homes

Permitted development rights allowing office-to-residential conversions have led to the loss of nearly 28,000 affordable homes and undermine planning safeguards.
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