A billion square feet of offices could become housing

A billion square feet of offices could become housing - New York Post

Experts predict a wave of fire sales and conversions that will turn these once-bustling office towers into much-needed residential housing.

America's offices are about to see a wave of distress that could result ...

Empty offices could yield more than a billion square feet worth of housing supply, real estate experts told BI.

A billion square feet of new housing space to emerge in cities as ...

Publications · A billion square feet of new housing space to emerge in cities as America's office market faces a major crisis.

Experts Warn That Distress In U.S. Offices May Lead To A Surging ...

The wave of office-to-apartment conversions is already gaining steam. In 2024 alone, 55,000 office spaces were planned to be converted into ...

The Impact of Return to Office: 1 Billion Square Feet of Office Space ...

Vacancy Data: The nation has approximately 1 billion square feet of vacant office space. This marks an all-time high, with vacancy rates ...

Could 'adult dorms' save city downtowns? - The Week

But they would definitely be micro, about 150 square feet. Each apartment would have room for a bed, desk and half-sized refrigerator. Living ...

Can we turn all those empty office buildings into housing? - CNN

There's a dream solution to America's housing crisis and to its increasingly deserted downtowns: Convert the empty offices into homes.

A billion square feet of new housing space to emerge in cities as ...

In response, experts predict a wave of fire sales and conversions that will turn these once-bustling office towers into much-needed residential housing. With ...

Yardi Finds 14.8% of U.S. Office Space Could Be Repurposed for ...

Yardi report finds over 1.2 billion sq. ft. of U.S. office space suitable for residential conversion.

Co-Living Could Unlock Office-to-Residential Conversions

... a billion square feet of office space is unused. But despite the ... square feet) would be roughly half those figures. Creating this ...

Visualizing 1 Billion Square Feet of Empty Office Space

The US has almost 1 billion square feet of empty office space. If stacked as a single office tower, it would span over 48000 vacant floors.

330 Million Square Feet In Vacant Office Space Won't Cure Housing ...

By 2030, C&W estimates 330 million square feet of U.S. office space could become obsolete. Vacancies rising. Bloomberg estimates more than ...

What It Takes to Convert a Multimillion-Dollar Office Into Housing

... square feet of office space sits vacant across the U.S. Photo Illustration: Amber Bragdon.

Converting Vacant Offices to Housing: Challenges and Opportunities

According to a recent estimate, 12.5% of office space is vacant across the nation, with nearly 1 billion square feet in total vacant office ...

70 million square feet of U.S. office space is being converted, CBRE ...

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Converting Offices to Housing: What You Need to Know | US

By the end of the decade, we could see a surplus of 330 million square feet (msf) of vacant office space, most of which hasn't kept pace with modern space use ...

Work from home could lead to more homes in vacant offices - CNN

Nearly 70 million square feet of office space, or 1.7% of the total US supply, was in the process of being converted for other uses in the ...

White House unveils office-to-residential conversion that could ...

The Biden administration is unrolling new guidelines on how federal programs and funding can be leveraged to convert vacant office properties into other uses, ...

Converting Vacant Office Space Into Housing

The adaptive reuse of underutilized office buildings, if paired with government support and comprehensive planning, might be a valuable tool ...

Commercial-to-residential Conversion: Addressing Office Vacancies

New York worked to revitalize its Lower Manhattan financial district during the post–9/11 period through zoning reforms and tax incentives; as a ...