Brief
California’s Office Vacancy Is a New Housing Opportunity
In the post-COVID era, California cities have debilitating office vacancies — more than 30 percent in San Francisco and 25 percent in Downtown Los Angeles. In response, the California legislature took
Summary
In the post-COVID era, California cities have debilitating office vacancies — more than 30 percent in San Francisco and 25 percent in Downtown Los Angeles.
In response, the California legislature took decisive action to preserve these urban areas and address the state’s housing crisis at the same time.
AB 507, effective July 1, allows for […]
Source
- Commercial Observercommercialobserver.com
