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Pfizer Incident or Not, New York Still Has a Lot of Office Conversions Left to Go

For a few days last week, two buckling steel columns at the Pfizer Building became the biggest real estate story in America. If you only read the headlines, you might conclude that office-to-residenti

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Summary

For a few days last week, two buckling steel columns at the Pfizer Building became the biggest real estate story in America.

If you only read the headlines, you might conclude that office-to-residential conversions are suddenly in trouble.

The opposite is closer to the truth. Quietly, New York has become the national leader in conversions. […]

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