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The original was posted on /r/nyc by /u/KevinSmithNYC on 2025-02-06 15:30:20+00:00.

New York City has overtaken Washington, D.C., as the country’s leader in office-to-apartment conversions.

NYC has 8,310 residents units under development from office conversions, according to rental platform RentCafe.

RentCafe estimates that about 305 million square feet of New York City’s 730 million-square-foot office stock could potentially be converted into residential space.

In 2023, researchers at New York University and Columbia University identified 550 office buildings with the potential for housing conversion, though their research tallied much less office space that made sense to convert: 64 million square feet.

Another rental platform, Property Shark, found that 15% of NYC’s office stock is suitable for housing conversions.