The Healey administration is pumping $15 million of state money into Boston's push to incentivize large-scale office buildings owners to convert from cubicles to housing, the city and state announced ...
A state agency has given the green light for a major office-to-residential conversion in Times Square. The Empire State Development (ESD) board of directors, which runs the state’s economic ...
States across the country have seen a wave of commercial real estate spaces being converted to residential spaces. The trend has yet to hit Florida. Although the level of demand for office space is ...
Richmond’s office market stands out as a resilient post-pandemic performer, with strong relocation activity, a notably low vacancy rate driven by steady return-to-office trends and dynamic development ...
Developers are set to repurpose aging office buildings into apartments at a record level this year, as the remote work trend has pushed up vacancy rates for commercial space across American cities.
More than 1.2 billion sf of U.S. office space—14.8% of the nation’s total—have strong potential for conversion to residential use, according to real estate software and services firm Yardi. Yardi’s ...
A City of Boston program that aims to incentivize the conversion of unused office space in the downtown into new housing units received a $15 million boost from the state, the mayor and governor ...