Office-to-Residential Conversions in NYC: Economies and Fiscal Estimates

NYC Government Publication

Office-to-Residential Conversions in NYC: Economies and Fiscal Estimates

As leasing recovers in the aftermath of the COVID-19 pandemic, one key element to restore healthy economic fundamentals is the absorption of the excess supply of obsolete office space. This fiscal note presents an analysis of office-to-residential conversions in New York City.

Agency

Comptroller (COMP)

Subject

Housing
COVID-19
Real Property

Report type

Other

Date published

2025-07-17

Language

English

Fiscal year

2026

Borough

Bronx
Staten Island
Brooklyn
Manhattan
Queens

Associated place

New York City

Mandated Report Name

Other Publication

NYC Government Publication

Office-to-Residential Conversions in NYC: Economies and Fiscal Estimates

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