Why Office-to-Residential Conversions Still Come Down to a Few Hard Truths

Office-to-residential conversions are often presented as a broad answer to two stubborn urban problems at once: too much empty office space and not enough housing. But the reality is much narrower. Whether a building can actually make the jump usually depends on a small set of physical and financial variables, and if too many of them are out of alignment, no amount of civic enthusiasm can make the deal work.

That was the message from a recent Propmodo webinar featuring Franco Faraudo, editor and co-founder of Propmodo, Steven Paynter, principal and global practice area leader for building transformation and adaptive reuse at Gensler, and Aaron Kraus, managing director and head of market development and strategy at Nuveen Green Capital...   ...more

RSK: The low down on what type and if an office conversion to apartments will work....not that simple.