"City of Dreams, City of Shortage: How NYC's Office-to-Residence Experiment is Shaping the Future of Urban Housing. As the COVID-19 pandemic forced millions to work from home, New York City seized an unexpected opportunity to tackle its long-standing housing crisis. With scores of office buildings sitting vacant, city officials and developers have been racing to convert these spaces into apartments, sparking a housing boom that's redefining the city's skyline. But as the trend gains momentum, questions linger about the long-term impact on New York's character, affordability, and the residents who call it home. Will this bold experiment be the solution to the city's housing woes, or a recipe for gentrification and displacement?"
Since the Covid-19 pandemic shuttered offices nationwide, New York City has bet heavily on converting empty office buildings into apartments to address its chronic housing shortage. Subscribe to read ...
