No, the Pfizer Near-Disaster Won’t Slow New York’s Conversion Wave – Commercial Observer
New York City is relying, in part, on more than 16,000 units planned via office-to-residential conversions to ease its enduring housing crisis. So, when the country’s largest conversion, sitting in the heart of Midtown, starts to buckle, it’s not taken lightly. The startling structural emergency at MetroLoft and David Werner Real Estate Investment’s Pfizer building…