Page 3 - Vanbarton Group News Today

‘I think living here would be just as soul-crushing, if not more soul-crushing, as working here,’ she claims

The Vanbarton Group sold Streeterville’s historic The Seneca, a 267-unit apartment building at 200 E. Chestnut St., for $55 million, according to Cook County…

The Vanbarton Group sold Streeterville’s historic The Seneca, a 267-unit apartment building at 200 E. Chestnut St., for $55 million, according to Cook County property records. That’s a big markdown for the New York-based investor, which paid $74.8 million for the 16-story tower in 2014, but taking such hits is not unusual these days. Even though Chicago’s downtown apartment sector is healthy ...

A growing number of developers are considering converting empty office towers into housing as part of an effort to revive struggling downtown business districts that emptied out during the pandemic.

Officials in many American cities say they want companies to turn empty office buildings into housing. These housing plans, known as office-to-housing conversions, can help downtown business areas that became empty as a result of the COVID-19 pandemic.

NEW YORK—On the 31st floor of what was once a towering office building in downtown Manhattan, construction workers lay down steel bracing for what will soon anchor a host of residential amenities: a catering station, lounge, fire pit and gas grills. The building, empty since 2021, is being converted to…

Across the country, office-to-housing conversions are being pursued as a potential lifeline for struggling downtown business districts that emptied out during the coronavirus pandemic and may never fully recover. The conversion push is marked by an emphasis on affordability.

On the 31st floor of what was once a towering office building in downtown Manhattan, construction workers lay down steel bracing for what will soon anchor a host of residential amenities: a catering station, lounge, fire pit and gas grills. The building, empty since 2021,&#x...

Now seems like the time to convert an under-utilized office tower into housing, but building owners say they’ll need government assistance to make it work.

NEW YORK (AP) — On the 31st floor of what was once a towering office building in downtown Manhattan, construction workers lay down steel bracing for what will soon anchor a host of residential amenities: a catering station, lounge, fire pit and gas grills. The building, empty since 2021, is being converted to 588 market-rate […]