Record-Breaking 71K Apartments Set to Emerge From Office Conversions

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The number of apartments set to be converted from office spaces has skyrocketed from 23,100 in 2022 to a record-breaking 70,700 in 2025. Office conversions now make up almost 42% of the nearly 169,000 apartments in future adaptive reuse projects. Adaptive reuse of newer buildings (built between the 1990s and 2010s) is on the rise,…

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January 30, 2025 at 01:05PM

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