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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.

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 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 ...

A luxury apartment complex called SoMA is set to debut in Manhattan's Financial District as the country's biggest office-to-residential conversion to date. SoMA, located at 25 Water St., ...

Bury Council has named build-to-rent developer-operator Placefirst as its preferred partner to convert a 30,000 sq ft office site known as Humphrey House into 74 apartments in the town centre.

SAN JOSE — A high-profile office building in San Jose whose ownership ... The new plan for the building focuses on converting it into a residential building consisting primarily of apartments ...

Learn where the city ranks nationally in office-to-residential projects. Los Angeles’ stock of office-to-residential conversion projects has grown, with the pipeline of new apartments built out ...

GFP Real Estate has sealed $288 million of construction financing for an office-to-residential conversion at 222 Broadway, Commercial Observer can first report. BDT& MSD supplied the loan on the ...

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.