{"id":145842,"date":"2025-01-06T08:02:13","date_gmt":"2025-01-06T08:02:13","guid":{"rendered":"https:\/\/www.aufgang.com\/?p=145842"},"modified":"2025-01-06T08:17:49","modified_gmt":"2025-01-06T08:17:49","slug":"the-pursuit-of-new-housing-via-conversion","status":"publish","type":"post","link":"https:\/\/www.aufgang.com\/es\/the-pursuit-of-new-housing-via-conversion\/","title":{"rendered":"The pursuit of new housing via conversion"},"content":{"rendered":"
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The pursuit of new housing via conversion<\/span><\/h1><\/div>
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Converting underutilized hotels and office buildings to residential require different approaches<\/span><\/h3>

By Ariel Aufgang
\nAriel Aufgang is principal of Aufgang Architects, LLC.<\/p>\n<\/div>

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We face a national housing shortage, while commercial property owners and investors contend with an oversupply of empty office space, as well as underutilized \u2014 and closed \u2014 hotels throughout the United States. As a result, owners and developers are increasingly considering commercial-to-residential conversions as a way to solve both problems.<\/p>\n

U.S. cities that lead in converting office space to residential are metro Washington, D.C., with plans under way to convert office space into 5,820 apartment units, followed closely by the New York City metro area, with 5,215 new apartments planned from former office spaces.<\/p>\n

Nearly four dozen commercial buildings are enrolled in NYC\u2019s Office Conversion Accelerator and are expected to comprise more than 2,100 housing units.<\/p>\n

New York State enacted the Housing Our Neighbors with Dignity Act to encourage the conversion of hotels and other commercial buildings into affordable housing. Throughout New York State there have been successful commercial-to-residential conversions in Buffalo, Rochester, Syracuse and elsewhere. In Cohoes, N.Y., near Albany, Harmony Mills, a former textile industry site, was converted to apartments. In Albany, the old Union (train) Station is expected to be repurposed to residential.<\/p>\n

There are a number of completed and proposed hotel-to-residential conversions in New York City. They include:<\/p>\n