Office Space to Residential: What You Need to Know
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Join Don Catalano, SIOR, CCIM, MCR, President of iOptimize Realty®, as he unveils the truths behind converting office buildings into residential apartments. In a climate where the national debt exceeds $32 trillion and interest payments overshadow defense spending, we review the financial hurdles involved in these projects. While some conversions are occurring, the process is complex and fraught with challenges. Tune in for crucial insights from iOptimize Realty® and share your thoughts on this content!
What You’ll Learn in This Video:
- The complexities of converting office buildings to residential spaces
- Financial hurdles in the current economic climate
- The impact of the national debt on real estate projects
- Real-world examples of successful and challenging conversions
- Key considerations for corporate tenants facing these changes
For more detailed insights, check out our article on Converting Empty Office Space into Housing in NYC.
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