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Office Vacancy Crisis Deepens as Albany Mulls Easing Conversions to Apartments from THE CITY - All RSS feed.

Office Vacancy Crisis Deepens as Albany Mulls Easing Conversions to Apartments

THE CITY - All
A vacant office building at 111 Wall St. in the process of being turned into apartments.

New York City’s office market is stalled with the vacancy rate stuck at a record high, and the best hope for improvement in the near future depends on whether the governor and the legislature can agree on legislation to speed the conversion of office space into housing. Reports issued in the past week by the […]

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