The Risks of Office-to-Residential Conversions

Office-to-residential conversions present significant challenges to owners and developers that arise from the interrelationship among the regulatory regime, the legal restrictions and requirements of the site and the physical requirements of conversion; the resulting incremental cost of conversions mean that many potential conversions just do not pencil out.

8 minute read December 01, 2024 at 12:05 AM
By
Peter E. Fisch and Salvatore Gogliormella
The Risks of Office-to-Residential Conversions

By Peter E. Fisch and Salvatore Gogliormella

Office building owners are grappling with significant challenges in the post-pandemic market.

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