U.S. cities convert vacant office spaces into housing to combat high vacancy rates from remote work.

Major U.S. cities are converting empty office buildings into housing due to high vacancy rates from increased remote work. Cities like New York, Austin, Cleveland, San Francisco, and Boston are repurposing office spaces to prevent falling property values and tax revenue. Boston's Mayor Michelle Wu is leading efforts with tax breaks and zoning changes to create mixed-use neighborhoods that combine living, working, dining, and entertainment.

November 25, 2024
30 Articles