The Empire State Development Board of Directors has approved an amendment that gives the go-ahead for 5 Times Square to be converted to residential use. “Confronting a decades-long housing crisis ...

A state agency has given the green light for a major office-to-residential conversion in Times Square. The Empire State Development (ESD) board of directors, which runs the state’s economic ...

There is a new 942-unit office-to-residential conversion coming to Times Square. The estimated cost of the conversion is $95 million, according to the filing. Plans for the conversion include several ...

Of the office tower’s 1.1 million square feet, 918,000 are set for conversion into a 1,250-unit multifamily community. Image courtesy of Yardi Matrix RXR Realty, Apollo Global Management and SL Green ...

It’s no surprise that more cities with consistent office-to-residential pipelines are starting to implement guidelines, frameworks and tax incentives to aid developers. At the beginning of the year, ...