Office Conversions Surge in Manhattan

According to Globe St, Manhattan’s office-to-residential pipeline is expanding at a rapid pace. In 2025, office conversion starts hit 5M SF, a two-decade record, according to Cushman & Wakefield. The report now estimates that 9.8M SF of office space are in some stage of planning for residential conversion, spanning nine new projects and signaling growing momentum in this trend. Read on to learn more: Link