NEW YORK CITY—Given the preference today for urban areas of millennials—and society in general—what is the industry to do when there's more people clamoring for city residences than there are apartments? One key solution: adaptive reuse.

Ken Sisk, business development manager at GlobeSt.com Thought Leader Partner Engineering & Science, Inc., explains in this video why that process is rewarding, along with the challenges it presents.

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Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.