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The largest office-to-residential conversion in the US has transformed a 55-year-old, 1-million-square-foot former banking facility in Manhattan's Financial District into 1,300 apartments.
When the 32-story tower opened up leasing in January, it became the largest office-to-residential conversion in US history. 8 A rendering of the new 25 Water St. facade.
With a total of 4,808 residential units slated to be created from adaptive reuse projects in New Jersey in 2025, 1,562 —or 32% — will come from office conversions.
Historically, the US residential real estate market has been vulnerable to exploitation by illicit actors who purchase residential real estate in nonfinanced (i.e., all-cash) ...
Now let us compare our findings to the NAR 2024 Profile of International Transactions in US Residential Real Estate, representing information regarding REALTOR® transactions with international ...
Since the launch of the Euromoney real estate poll in 2005, Jones Lang LaSalle had been a perennial in second place, but it has now ousted rival CB Richard Ellis. The Chicago-based firm placed first ...
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