Slate Money

Money Talks: Live in an Empty Office

Jan 23, 2024
Grace Rauh, director of the 5BORO Institute, discusses the conversion of office spaces into affordable housing in NYC. They explore the advantages of repurposing older buildings, the challenges of regulatory hurdles, and the benefits of environmental sustainability. The speakers also discuss the scarcity of living spaces in NYC and propose a pilot program called flexible co-living. They highlight the need for government intervention to unlock financing for building conversions.
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