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ehsurfskate t1_j64qt2t wrote

Reply to comment by newestindustry in Mayor Adams unveils proposal to convert Midtown offices into apartments by psychothumbs

Didn’t say was impossible or that I haven’t done renos. We can make anything happen it’s just time and money that needs to be paid by the owner. Also those lower Manhattan Reno’s you are talking about are few in quantity and are very different buildings than the giant midtown office.

Financially design professionals like me would make a killing on these, these cost more to design than new builds in most cases. I can just say I work with these building owners and the financial incentive for conversions of giant midtown offices is not there. If it was it would already be happening on a massive scale.

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newestindustry t1_j64uhxv wrote

When you say "giant Midtown office", I feel like you are immediately thinking of the absolute hardest building to convert, but the plan is to make it easier to convert older smaller office buildings to residential. The stretch of Midtown that's specifically referenced in the article is full of tons of such buildings. This exact type of building has been converted to residential elsewhere in Manhattan.

As for the financial incentives—they aren't laws of nature, they're based on a status quo that everyone in the world knows doesn't exist anymore. They'll change and you'll make your killing. Get that paper!

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