A community guide to office-to-residential conversion: Part 1, economics
The changing nature of office work and the persistent U.S. housing crisis are motivating local government officials and the owners of underutilized office buildings to convert offices into housing. However, the economics of such conversion projects are more complex than the economics of ground-up development; both asset holders and the public sector, therefore, need good baseline information and analytical frameworks to understand the costs and benefits of conversion and how sensitive these f...| Brookings
