Record Number of Offices to Be Converted to Apartments in 2024

This year, more than 55,300 housing units are being transformed from office buildings, a more than fourfold increase since 2021, according to a ...

A record number of office buildings will convert to housing

In 2024, developers are embarking on an unprecedented mission to repurpose aging office buildings into residential havens — and setting a ...

Record Office-to-Apartment Conversions Planned for 2024 - RentCafe

From 2021 to 2024, the number of apartments scheduled for conversion from old office spaces increased from 12,100 to 55,300. Office-to-apartment ...

Record Number of Office-to-Apartment Conversions in 2024

According to the RENTCafe's recently released annual Adaptive Reuse Report, the number of these conversions has quadrupled since 2020, when the ...

Office Conversions Run at a Record Pace - Multi-Housing News

The Washington, D.C.,-Northern Virginia area, where office space is set to yield 5,820 apartments in 2024, is at the forefront of the adaptive ...

A Record 55000 Apartments in US Cities Are Being Converted From ...

From 2021 to 2024, the number of U.S. apartments scheduled for conversion from old office spaces has quadrupled, according to a report from ...

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

The former world headquarters of Pfizer in New York's Midtown will be converted into roughly 1,500 new rental apartments. The former Pfizer ...

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

Washington DC, New York City, Dallas, Chicago, and Los Angeles have recorded the most office-to-apartment conversion starts this year, with a ...

Chart: 20 housing markets with the most planned office-to-apartment ...

Entering 2021, there were 12,100 office-to-apartment units in the U.S. conversion pipeline. Fast-forward to 2024, and that figure is now 55,300— ...

Charted: Number of office-to-apartment conversions surges - Axios

State of play: Over 55,000 new apartments are expected from conversions right now, quadruple what it was in 2021, according to RentCafe's latest ...

20 housing markets with the most planned office-to-apartment ...

Entering 2021, there were 12,100 office-to-apartment units in the U.S. conversion pipeline. Fast-forward to 2024, and that figure is now 55,300— ...

Number of Offices Converted to Apartments Spikes - Globest

The report said the number of apartments being transitioned increased from 12,100 to 55,300 from 2021 to 2024. This growth is occurring, in ...

Record Number of Office-to-Apartment Conversions in Major Metros

From 2021 to 2022 alone, there was a jump from 12,100 converted units to 23,100. The trend continued in 2023 (45,200 units), and appears to be ...

A record number of office buildings will be converted into apartments ...

A record number of office buildings will be converted into apartments in 2024, per NYP. Developers are poised to undertake a historic surge in repurposing ...

Can tiny apartments made from empty offices help the housing crisis?

A new proposal to address the housing crisis would convert empty office space in many American cities to deeply affordable apartments for rent.

A record number of office buildings will be converted into apartments ...

In 2024, developers are embarking on an unprecedented mission to repurpose aging office buildings into residential havens — and setting a record for the ...

Converting Vacant Office Space Into Housing

Given the severe shortage of affordable housing—the United States is short 3.8 million housing units5 —and the urgency ...

Record volume of office-to-apartment conversions is in the pipeline ...

The number of residential units being converted from office buildings has hit a record as cities and developers look for new ways to reimagine an abundance of ...

TIME on LinkedIn: Record Number of Offices to Be Converted to ...

The remote work trend has pushed up vacancy rates for commercial space across American cities. Record Number of Offices to Be Converted to ...

Number of office-to-apartment conversions in the U.S. 2024 | Statista

The number of office-to-apartment conversions in the United States has increased year-on-year between 2021 and 2024.