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WSJ: Turning Empty Offices Into Apartments Is Getting Even Harder

Only 3,575 apartment units were converted from office space last year. The already fraught process now faces even more challenges.
(unlocked article here)

 

Bloomberg: A New White House Plan to Create Affordable Housing: Convert Empty Office Buildings

The Biden administration is freeing up resources to help turn offices into apartments.
(article here)

 

WSJ: Amazon’s Makeover of Lord & Taylor Building Shows Challenge of Office Conversions

The department store’s flagship location on Fifth Avenue will now house tech employees
(unlocked article here)

 

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    Clothes, but no cigar.
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  • As I get older, I remember all the people I lost along the way. Maybe a career as a tour guide was not the right choice.
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  • They say that breakfast is the most important meal of the day. Well, not if it’s poisoned. Then the antidote becomes the most important.
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  • Do you know the last thing my grandfather said to me before he kicked the bucket? “Grandson, watch how far I can kick this bucket.”
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  • My friend said that if he went off a cliff, it would be on his own accord. It’s a good thing he drives a Civic.