NYC Office-to-Residential Conversions Wave
Sector: Road • Location: New York City, New York, United States
Source: New York Post
A wave of office-to-residential conversions in New York City, catalyzed by pandemic-driven vacancies and supported by a new tax exemption, is expected to deliver over 17,000 new apartments across 44 developments. These projects involve transforming approximately 15.2 million square feet of office space into housing, mainly concentrated in Manhattan below 59th Street. Notable conversions include 25
- Status
- Prospective
- Sector
- Road, Water Supply and Storage, Residential, Commercial
- Location
- New York City, New York, United States of America
- Updated
- 22 Jul 2026
- Source
- New York Post
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A wave of office-to-residential conversions in New York City, catalyzed by pandemic-driven vacancies and supported by a new tax exemption, is expected to deliver over 17,000 new apartments across 44 developments. These projects involve transforming approximately 15.2 million square feet of office space into housing, mainly concentrated in Manhattan below 59th Street. Notable conversions include 25 Water St., 5 Times Square, Pfizer's former Midtown East headquarters, the former New York Stock Exchange at 40 Exchange Place, and 55 Broad Street. |
Original sector | Built Sector |
Location
Country | United States of America (USA) |
State | New York |
City | New York City |
Source
Source | New York Post |
URL |
More Details
Record type | Project |
Sector | Road, Water Supply and Storage, Residential, Commercial |
Article published date | 2025-09-16 |
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