A pandemic-era program aimed to facilitate hotel and office to affordable housing conversions. After a slow start, and numerous financing and design challenges, its first project is opening in Queens.

More than 1.2 billion sf of U.S. office space—14.8% of the nation’s total—have strong potential for conversion to residential use, according to real estate software and services firm Yardi. Yardi’s ...

A City of Boston program that aims to incentivize the conversion of unused office space in the downtown into new housing units received a $15 million boost from the state, the mayor and governor ...

Giving up on the retail element, the building owner rehired its original architects, the firm TCA Architects, to turn that vacant space into seven more live/work units and ditch the retail space ...