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64 NYC office buildings are looking to tranform into residential units
Nypost ^ | 05.24.2024 | Mary K Jacobs

Posted on 05/24/2024 5:43:38 PM PDT by ChicagoConservative27

The owners of 64 New York City office buildings are eyeing a drastic transformation: turning their commercial properties into housing, according to fresh data from the Department of City Planning.

In an interview with Gothamist, City Planning Director Dan Garodnick revealed that these owners or their reps have reached out to the city’s Office Conversion Accelerator Program to do so.

This initiative aims to simplify the labyrinth of rules and building codes, assisting owners in repurposing their spaces. It’s a key part of Mayor Eric Adams’ bold plan to create 20,000 new apartments over the next decade, easing the Big Apple’s housing shortage.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Your Opinion/Questions
KEYWORDS: buildings; housing; newyork; nyc; office; residential
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To: lightman

RE: Revised codes to allow communal bathrooms in 3...2...1....

Ha.
Stop the countdown, please.🛑

Add “all gender” communal bathrooms and resume countdown, please.🚦


21 posted on 05/24/2024 6:36:41 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: CFW
The costs to make the change will probably be more than that of destroying the original building and starting over.

It's almost always cheaper to tear down and rebuild than to convert from commercial to residential. This sounds like a very expensive central planning project the contractors and rent seekers will love to never finish.

22 posted on 05/24/2024 6:40:46 PM PDT by Right_Wing_Madman
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To: ChicagoConservative27

Excellent! The New York City Housing Authority is DROOLING to get their share of Taxpayer Dollars from THIS Boondoggle! I’m sure the ‘mayor’ will get his cut, too. *SPIT*

The Ten Most Dangerous Housing Projects - and this is just Brooklyn!

https://unitedgangs.com/2017/08/02/10-most-dangerous-housing-projects-in-brooklyn-new-york/


23 posted on 05/24/2024 7:02:32 PM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: ChicagoConservative27

Gotta have some place to put all those WETBACKS!


24 posted on 05/24/2024 7:36:59 PM PDT by 5th MEB (1)
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To: ChicagoConservative27

Trying to get government money to house illegals since the demand for commercial office space has collapsed.


25 posted on 05/24/2024 7:43:20 PM PDT by PAR35
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To: CFW

They don’t need water or sewage piping, just give them a bucket.

They didn’t have all those “MODERN CONVENIENCES” where they came from so they shouldn’t need them now.

As to electricity, what are they going to plug in; their STOLEN LAP TOP?


26 posted on 05/24/2024 7:44:31 PM PDT by 5th MEB (1)
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To: CFW

A significant amount of downtown office space in Dallas was vacated during the late 80s/early 90s. Must of that was converted to residential or hotel space. Republic Bank, First National Bank, the original LTV tower, Tower Petroleum, Magnolia Petroleum, Fidelity Union Tower, three department stores (4 if you count H.L. Greene) are the ones I can thing of off the top of my head. I think One Dallas Center was a residential conversion as well, but I’d have to look that one up. And there was a building next to Tower Petroleum that I think became a hotel.

When the area rebounded, commercial development moved to the uptown area. I think the Bank One tower in Fort Worth converted to residential after it was heavily damaged by a tornado. And I’m not sure what they are going to do with Burnett Plaza in Fort Worth. It sold for $137.5 million in 2021; it sold at foreclosure for $12.3 million this month. Less than 10%.


27 posted on 05/24/2024 7:58:50 PM PDT by PAR35
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To: 5th MEB
what are they going to plug in

You have to charge those Obama Phones. Those IPhones use a lot of juice on 5G

28 posted on 05/24/2024 8:00:27 PM PDT by PAR35
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To: ChicagoConservative27

would work just fine as long as a couple of communal bathrooms and kitchens per floor would suffice ... otherwise, retrofitting a plethora of dwelling units with individual plumbing and water, individual HVAC, individual electrical, individual communications, individual kitchens and bathrooms, etc. would be so expensive, they might as well just tear down the building and start over from scratch ...


29 posted on 05/24/2024 8:05:11 PM PDT by catnipman (A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil)
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To: ChicagoConservative27

Eric Adams does not CREATE anything.


30 posted on 05/24/2024 8:07:58 PM PDT by gathersnomoss (Just Give Me Truth.)
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To: lightman

“Revised codes to allow communal bathrooms in 3...2...1....”

There you go. Every floor has a restroom already.. A communal bathroom will be a huge improvement for most of the third worlders.


31 posted on 05/24/2024 11:55:03 PM PDT by rxh4n1
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To: CFW

Heh, electrical
Offices have false ceiling to run the utilities. Then, drops to supply the cubicles.

Be funny to see those drops all around your coffin apartment....


32 posted on 05/25/2024 6:39:26 AM PDT by Steven Tyler
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To: CFW

Where are they going to put the walmarts, full service grocery stores, play grouns, schools.....


33 posted on 05/25/2024 6:44:13 AM PDT by Steven Tyler
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To: Mark

Cartel members need office space they can bring in more money then congress senate and Biden’s party.


34 posted on 05/25/2024 8:14:35 AM PDT by Vaduz
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To: lightman
Revised codes to allow communal bathrooms in 3...2...1....

You beat me to it. Only I would say, compel rather than allow. Hey, beggars can't be choosers.

35 posted on 05/25/2024 10:11:08 AM PDT by Albion Wilde (Either ‘the Deep State destroys America, or we destroy the Deep State.’ --Donald Trump)
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To: ChicagoConservative27

Where will NY house the next batch of 100,000 illegals that comes to town?


36 posted on 05/25/2024 3:55:07 PM PDT by Lizavetta
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