More Apartments Are Being Carved Out of Office Spaces

More Apartments Are Being Carved Out of Office Spaces

The New York Times-Real Estate·2025-04-03 17:05

Although Covid-19 has subsided and returned many employees to their cubicles, continued remote work and a housing shortage has spurred more office buildings to be converted to apartment buildings. Nearly 71,000 residences across the country are in the pipeline, more than triple the number three years ago, according to a report from RentCafe.

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