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64 building owners express interest in entering NYC's Office Conversion Accelerator program

New York City s recently launched Office Conversion Accelerator Program has drawn interest from 64 building owners in Manhattan as planning officials mull changes to help speed up the process intended to deliver 20,000 new units of housing by 2033.  The market for conversion in Lower.

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US commercial real estate is suffering one of the steepest price declines in at least half a century, IMF warns

The exterior of 55 Broad Street in Manhattan, which is being converted from offices to residences. Joe Woolhead Commercial real estate prices are in the midst…

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Companies want workers back in the office, but are simultaneously reducing office space, new survey finds

The exterior of 55 Broad Street in Manhattan, which is being converted from offices to residences. Joe Woolhead Around 75% of companies plan to reduce their…

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