Why NYC office conversion projects are a massive boondoggle
It's easier said than done to convert fiscally distressed office towers into affordable housing.
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It's easier said than done to convert fiscally distressed office towers into affordable housing.
The iconic office building in the heart of New York had fallen on hard times. A makeover into ritzy apartments will give it a new lease on life.
SL Green and Silverstein put its top players on the chopping block; Midtown got some financing; and WeWork means trouble for landlords.
Manhattan's iconic Flatiron Building will be converted into a luxury residential tower, its new owners announced on Thursday.
The Brodsky Organization bought a stake in the landmarked office tower with an eye toward residential conversion.