Adaptive reuse surges to record 25K apartments, Chicago overtakes Manhattan as top city for conversions

RentCafe rental blog

The wave of adaptive reuse projects is accelerating at a record pace. After moderate gains and even some decreases in the years following the pandemic, the number of apartments resulting from converted buildings was close to 25,000 in 2024. That’s a whopping 50% more than the units delivered the year before and double the figures…

The post Adaptive reuse surges to record 25K apartments, Chicago overtakes Manhattan as top city for conversions appeared first on RentCafe rental blog.

October 24, 2025 at 12:00PM

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