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NYC Office Conversions Surge as 16K Units Planned in 2026

NYC office-to-apartment conversions double, with sites like Candler Building leading the way

New York City continues to lead the nation in office-to-residential conversions, as developers accelerate efforts to repurpose underutilized office space. Developers have planned 16,358 apartment units for conversion this year. This total nearly doubles the 8,310 units recorded just 12 months ago. As a result, the trend highlights a rapidly shifting urban real estate landscape. […]

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