Konrad Putzier

Why is a global hotspot driving away more residents than it is attracting?

The department store’s flagship location on Fifth Avenue will now house tech employees

Landlords are in a bind with building values, rental income down while expenses keep rising

With housing in short supply, developers are converting more empty offices into apartments. But not all buildings are candidates for reuse, even as more than one billion square feet of office space sits vacant across the U.S. Photo Illustration: Amber Bragdon

With housing in short supply, developers are converting more empty offices into apartments. But not all buildings are candidates for reuse, even as more than one billion square feet of office space sits vacant across the U.S. Photo Illustration: Amber Bragdon

With housing in short supply, developers are converting more empty offices into apartments. But not all buildings are candidates for reuse, even as more than one billion square feet of office space sits vacant across the U.S. Photo Illustration: Amber Bragdon

With housing in short supply, developers are converting more empty offices into apartments. But not all buildings are candidates for reuse, even as more than one billion square feet of office space sits vacant across the U.S. Photo Illustration: Amber Bragdon

Developers look to niche industries as offices struggle and apartment-rent growth slows

Pandemic-era upsurge slows thanks to higher interest rates, lower demand

With housing in short supply, developers are converting more empty offices into apartments. But not all buildings are candidates for reuse, even as more than one billion square feet of office space sits vacant across the U.S. Photo Illustration: Amber Bragdon