Kicking Commercial-to-Residential Conversions Into High Gear
Kicking Commercial-to-Residential Conversions Into High Gear A plan included in New York Gov. Andre Cuomo's draft 2022 budget will make it easier to do adaptive reuse for new housing in New York City. January 22, 2021, 6am PST | James Brasuell | "For the next five years, certain New York City building owners may be able to get around some local zoning rules to convert properties to residential use," reports Kathryn Brenzel. If enacted, owners of hotels with fewer than 150 rooms, other forms of temporary lodging, and class B and C office buildings in Midtown could "avoid local zoning res...