New Regulations Promoting Conversion of Obsolete Office Buildings Create Opportunities for Developers
By Brandt Hollander, Partner Across the country, office occupancy has remained stubbornly low following the Covid-19 pandemic, while at the same time, apartment rents have exploded to record highs. This dual crisis has led to calls for the redevelopment of vacant office buildings for apartment use. While at first blush this appears to be a …