Thought Leader Presented by Firstservice Residential
Can Commercial Conversions and Redevelopment Help Solve the Housing Crunch?
Vacant offices and older buildings may have a place in alleviating the national housing crisis, but with some important considerations.
With an excess of underutilized office buildings and demand for housing, many believe the path to addressing both problems can come with repositioning commercial space into residential. According to Marc Kotler, president of the New Development Group at FirstService Residential New York, not all projects are the same.
Kotler spoke with Kelsi Maree Borland in this episode of the 2023 Multifamily Visions podcast series about some of the difficulties and opportunities available in this real estate space.
You’ll also hear:
- How a live-work-play community remains important for multifamily,
- Which amenities are key in the current environment; and
- What’s ahead for multifamily ground up construction.