If empty offices were some of the lemons produced by the pandemic, office conversions are the lemonade. Savvy developers and city officials have spent the past few years finding ways to take vacant and undesirable office towers and turning them into much needed housing, among other uses. This year has been the most active on record, according to a new report.
The commercial real estate services firm CBRE finds that more than 70 office conversion projects have been completed so far this year, and 30 others should be done by the end of the year, for a total of........