The largest office-to-residential conversion in American history, at 25 Water St., is almost done. (1,300 units!)
Includes affordable apartments. Rents as low as $1,166 for a 2-bed.
HPD lottery open now: https://housingconnect.nyc.gov/PublicWeb/details/6801
We need to do this in many, many more buildings.
Includes affordable apartments. Rents as low as $1,166 for a 2-bed.
HPD lottery open now: https://housingconnect.nyc.gov/PublicWeb/details/6801
We need to do this in many, many more buildings.
Comments
The filmmaker returns to Sao Paolo to discover her father's marvelous creation "Skin of Glass" building, occupied these days by unhoused people.
https://www.pbs.org/video/skin-of-glass-3uc64q/
but I'm bookmarking this because awesome actually thanks 🥰
I did watch it last month when it aired on PBS &
@marklevinenyc.bsky.social 's post just made a quick connection.
cc: @pnwelcome.bsky.social
this shit makes me wish I could move tomorrow
Even my son out in WV pays $900 for a crappy studio apartment.
https://bsky.app/profile/jerrybuchko.bsky.social/post/3lkja5dxkas2t
The biggest pushback I’ve seen is how difficult (ie expensive) it is to convert office to residential. How long will it take to break even? At 1300 units shouldn’t be too long.
Yeah, you know what else is expensive??
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4266459
Better units, cheaper, and faster.
Nice work.
Too much traffic?