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Ep 1083: Converting Commercial Buildings to Residential Buildings: Is This Sustainable?
The trend of converting commercial buildings, including offices, into residential buildings has been around for some time. However, with the increase in remote work, many home offices are replacing commercial office spaces as places to work. About 998 million square feet of office real estate across the United States is available but in search of tenants. In some cases, innovators are transforming office space that is not being used for its intended purpose into apartments and other residential spaces.
But is this conversion sustainable? Does the estimated profit match the high cost of…
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