Yep. There will be significant conversion costs no doubt. They’ll have to gut those buildings, completely re-do the plumbing etc. Apartments/Condos will need to be long and narrow to maximize space with limited access to windows.
That said conversion will still be much cheaper than building entire buildings from scratch and what else are they gonna use that space for? They’re never going to get workers to show up at the office at anything like the rates they used to pre 2020.
Thanks Leftie control freaks! You did one good thing. You showed everyone it was perfectly possible to run lots of corporations with nearly everyone working remotely - and thus out from under your control.
“You showed everyone it was perfectly possible to run lots of corporations with nearly everyone working remotely”
In India
In Vietnam