Posted Sep 17, 2022, 4:55 AM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,859
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There's a lot of demand in the sense of upgrading from your class C to B or class B to A office space. This can fuel demand. As for dilapidated or obsolete office space, residential conversions are ideal. Or in a way, cheaper alternatives for start ups.
This country does have a housing crisis so the more units they can cram, especially via conversions, the better. And also to house the migrants headed to our cities.
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