Can We Turn All Those Empty Office Buildings Into Housing
"If only it were really easy," said Harold Bordwin, principal and co-president of Eager-Summit Capital Partners, which handles commercial actual property restructurings. There’s no formulation or scalable model for turning an workplace into a house, stated Brett Theodos, a senior fellow with the Metropolitan Housing and Communities Policy Center, part of the City Institute. Low Competition: Affords a good atmosphere for brand spanking new companies. Average Population Progress: Ensures a steady demand for new housing and commercial spaces. Important Alternatives in Real Estate: Attracts new initiatives and renovations. Low Competition: Makes it simpler for new businesses to ascertain themselves. Average Inhabitants Progress: Predicts increased housing begins and industrial projects.
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