How difficult/expensive is it actually to convert an office building into ...

Why it's So Hard to Convert Offices into Housing - First American Blog

Further, despite the emergence of new technologies that let developers better estimate the cost of conversions, such as 3-D digital modeling( ...

Why Office-to-Apartment Conversions are Likely a Fringe Trend at Best

That price less conversion cost and profit margin would be the rough price a developer could pay for an office building to convert to the ...

The Rise and Fall of Office to Multifamily Conversions: A Real Estate ...

The cost of conversion may range from $100 to $500+ per square foot, depending on the original layout, existing conditions, and exact scope of ...

What It Really Takes to Convert an Office Building to Apartments

Big cities like New York have two real estate problems. Housing is scarce and office buildings are under-utilized. So there would seem to be ...

Converting Office to Residential: Is It Possible?

The problem is that most office building designs, particularly newer buildings, do not lend themselves to conversion. Architectural firm Gensler ...

Yardi: Office-to-multifamily conversions pose cost, logistical challenges

Using New York City as a case study, in order to turn a profit on a conversion, a developer would need to seek out office properties traded at ...

Office-to-housing conversions could revive Twin Cities downtowns ...

Newer buildings like those can be difficult — and expensive — to convert into apartments, in part because of windows: They often don't have ...

Turning Empty Offices Into Apartments Is Getting Even Harder - WSJ

Even so, the process has always been fraught with difficulty and few office buildings are natural candidates. Conversions are easiest in older, ...

What It Really Takes to Convert an Office Building to Apartments

Housing is scarce and office buildings are under-utilized. So there would seem to be an obvious solution: turn the office buildings into

Here's How to Solve a 25-Story Rubik's Cube - The New York Times

There's an appealing simplicity to the idea of converting office buildings into housing. The premise suggests cities could solve two ...

Converting office space to housing in Philadelphia brings challenges

Overall cost. Converting an office building into apartments isn't necessarily radically cheaper than building a new multifamily structure. At a ...

States like California want to make it easier to convert offices into ...

Converting office space to apartment buildings is hard. States like California are trying to change that. Janet Nguyen Mar 13, 2023. A view of downtown Los ...

Commercial to residential conversion costs - Property Tribes

I have done quite a few refurbishment projects now but never a com to resi so was doing some research into the cost involved related to changing the building to ...

How much money can you do converting an office to multi-family?

AT&T Center lots 98% of its value https://youtu.be/RQfGVUe_tvA I toured this conversion in Dallas back in 2018, they bought another building ...

The Potential for Office-to-Residential Conversions | CBCNY

Physical: The complexity and cost of commercial conversions increases with building size. Larger buildings typically take longer to vacate and ...

Why Don't We Convert More Empty Office Buildings to Residential?

If you'd like to help support ARTiculations - feel free to leave something in the tip jar: https://ko-fi.com/articulations How come there's ...

Office to Resi Conversions - Charlotte - UrbanPlanet.org

2. The cost and time to assess whether an office building is a good candidate to convert has decreased dramatically. It used to take 6 months ...

Converting Office Space to Residential Space: Pros, Cons, and Costs

Ensuring that the building complies with all residential codes and obtaining the necessary permits can also add to the overall cost. This can ...

The Tricky Task of Office-to-Residential Conversions

At a minimum, developers should plan on spending $500 to $600 per square foot on an office-to-residential conversion, said Richard Jantz, an ...

The Hard Reality of Converting an Office Into a Residence - Globest

How many buildings might make a good fit? In Washington, D.C., experts estimate that only 5% of office buildings might work for conversion. In ...