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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
It marks the first office-to-residential conversion project that leveraged the 467-m housing tax incentive, which facilitated the incorporation of affordable housing units into the tower.
The project is valued above Nkr125m. Credit: Veidekke/Cision. Scandinavian contractor Veidekke has been awarded a contract by Miami-based investment company HIG Capital to convert an office building ...
A record 70,700 new housing units are in the office conversion pipeline, 2025 figures from RentCafe show, up from 23,100 units planned in 2022. The new high arrives as office owners struggle ...
The first major office-to-residential conversion of the post-pandemic era in Philadelphia is set to be completed this spring. Alterra Property Group is on schedule to finish the conversion of 1701 ...
Selection for the abatement will also trigger first source requirements to contract with a local businesses and prioritize D.C. residents for jobs. Big D.C. office conversion wins approval ...
Find out why office-to-residential conversions are picking up steam in Chicago. While office leasing activity in Chicago saw its highest annual total since the onset of the pandemic last year, it ...
Jean Folger has 15+ years of experience as a financial writer covering real estate, investing, active trading, the economy, and retirement planning. She is the co-founder of PowerZone Trading, a ...
The largest office-to-residential conversion in the US has transformed a 55-year-old, one-million-square-foot former banking facility in Manhattan's Financial District into 1,300 apartments.
The largest office-to-residential conversion in the U.S. to date has started leasing. The 32-story SoMA, located at a nexus of New York City’s financial district, Battery Park, and Seaport, had ...