Can We Flip All These Empty Office Buildings Into Housing?

"If only it have been really easy," mentioned Harold Bordwin, principal and co-president of Keen-Summit Capital Companions, which handles business actual estate restructurings. There’s no formulation or scalable mannequin for turning an office into a home, said Brett Theodos, a senior fellow with the Metropolitan Housing and Communities Policy Center, a part of the City Institute. Low Competition: Presents a favorable setting for brand new companies. Average Inhabitants Progress: Ensures a steady demand for new housing and commercial spaces. Significant Alternatives in Real Estate: Attracts new tasks and renovations. Low Competitors: Makes it easier for brand spanking new businesses to establish themselves. Reasonable Inhabitants Progress: Predicts increased housing begins and commercial tasks.

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