A Community Guide to Office-To-Residential Conversion: Part 1, Economics

Brookings (2025) | Conversions, Regeneration, Urban Planning and Asset Management, Risk Mitigation, Valuation

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Office‑to‑residential conversion is becoming an important response to falling office demand and the national housing shortage, yet most projects remain financially unviable without targeted policy intervention. The first part of this guide models the 10‑year NPV of maintaining office use ve…