Trump visits flood damaged areas in Texas
World Business Report
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Transforming Urban Spaces: Office to Residential Conversions
This chapter explores the ongoing financial market trends and the significant rise in rental prices in Manhattan, highlighting the challenges of housing accessibility. It focuses on the conversion of office buildings into residential spaces in New York City, including ambitious projects that aim to increase the number of affordable housing units. Experts discuss the implications and benefits of these transformations, particularly in response to urban living needs amidst rising vacancy rates and shifting market dynamics.
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