newestindustry t1_j64nf8e wrote on January 27, 2023 at 6:05 PM

Reply to comment by ehsurfskate in Mayor Adams unveils proposal to convert Midtown offices into apartments by psychothumbs

Damn, you should go tell your competitors who’ve gotten rich doing it in Lower Manhattan for decades that it’s impossible

ehsurfskate t1_j64qt2t wrote on January 27, 2023 at 6:26 PM

Didn’t say was impossible or that I haven’t done renos. We can make anything happen it’s just time and money that needs to be paid by the owner. Also those lower Manhattan Reno’s you are talking about are few in quantity and are very different buildings than the giant midtown office.

Financially design professionals like me would make a killing on these, these cost more to design than new builds in most cases. I can just say I work with these building owners and the financial incentive for conversions of giant midtown offices is not there. If it was it would already be happening on a massive scale.

newestindustry t1_j64uhxv wrote on January 27, 2023 at 6:49 PM

When you say "giant Midtown office", I feel like you are immediately thinking of the absolute hardest building to convert, but the plan is to make it easier to convert older smaller office buildings to residential. The stretch of Midtown that's specifically referenced in the article is full of tons of such buildings. This exact type of building has been converted to residential elsewhere in Manhattan.

As for the financial incentives—they aren't laws of nature, they're based on a status quo that everyone in the world knows doesn't exist anymore. They'll change and you'll make your killing. Get that paper!

oledirtycrustard t1_j66ouiw wrote on January 28, 2023 at 2:24 AM

hey dummy - those aren't high rise office bldgs

newestindustry t1_j68wxh0 wrote on January 28, 2023 at 4:20 PM

>When 70 Pine was built in 1932, it was the third tallest building in the world and served as the headquarters for the Cities Services Company in New York City. Today, the landmarked Art Deco building has been reborn as a modern residential building.

Might wanna Google stuff before you show your ass like this.