NYC's office-to-residential conversions could create 17,000 new homes
Pfizer World Headquarters is becoming 1,500 apartments. Photo via WikiCommons New York City’s first wave of office-to-residential conversions could yield over 17,000 new apartments, highlighting the potential for such projects to help ease the city’s housing shortage, according to a new report. Published on Thursday by City Comptroller Brad Lander, the report finds that 44 office conversions initiated after the pandemic could transform 15.2 million square feet of office space into as many as 17