Can We Flip All These Empty Office Buildings Into Housing
"If only it have been really easy," stated Harold Bordwin, principal and co-president of Eager-Summit Capital Companions, which handles industrial real estate restructurings. There’s no method or scalable model for turning an workplace into a home, mentioned Brett Theodos, a senior fellow with the Metropolitan Housing and Communities Policy Heart, part of the City Institute. Low Competition: Affords a positive setting for brand spanking new businesses. Average Inhabitants Development: Ensures a continuous demand for brand spanking new housing and business areas. Important Opportunities in Real Estate: Attracts new tasks and renovations. Low Competitors: Makes it easier for brand new businesses to ascertain themselves. Reasonable Inhabitants Progress: Predicts increased housing begins and business tasks.
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