NEW YORK | Residential Conversions

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Another conversion on 3rd Ave.

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111 Wall Street

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Conversions & Demolitions Reducing U.S. Office Supply | CBRE

Figure 4: Top Markets for Underway & Planned Conversions

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Damn los angeles not even on the chart. They’re not doing conversions?

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64 Fulton Street

The 11-story building currently has 48 commercial units and three residential units. Post-conversion, the 41,369-square-foot building will have 49 residential units spanning floors three through 11. The current plan calls for the units to consist of 18 studios, 22 one-bedrooms and eight two-bedrooms with two loft tenants remaining — though Steven Ancona , Flatiron’s president, told Commercial Observer in an email that the plan might be tweaked. Unit sizes are expected to range from 325 to 900 square feet. The project will benefit from the city’s 467m tax-abatement program to make 12 of the units affordable.

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