The real estate market has been one of the biggest success stories of the past year, especially with rental properties being a key driver of growth for the market. Though urban residents saw the pandemic market as the best time to move to rural or suburban areas, the rental demand continued to skyrocket as new residents flocked to cities in search of new personal and professional opportunities. This development has led investors to seek out rental properties and redevelopments for their portfolios, helping address the growing housing need internationally.
Adaptive Reuse of Office Spaces to Address Residential Needs
With the market changes brought on by the pandemic, developers and building owners have found new opportunities to address their investments in commercial real estate. Key decision-makers for these properties have begun exploring the conversion of underutilized office space which helps to address the much-needed housing needs in cities globally. In the last two years, apartment conversions Read more…
Brooklyn’s Newest Luxury Building Offers Rent-Stabilized Apartments
Downtown Brooklyn is experiencing a renaissance and becoming one of the hottest new places to live, work and play. The transformation of the area over the last decade has created a powerful social and cultural hub, but with this change, comes increasing rents. Many New Yorkers yearn to live amongst the excitement in Downtown Brooklyn Read more…
