With Midtown Manhattan’s office towers drastically under-occupied as employees work from home during the COVID-19 pandemic, some housing advocates foresee new uses for these spaces.
A study by commercial broker CBRE found that only 10% of Manhattan workers have returned to the office as of Sept. 18. If the number of workers to return to an office setting after the pandemic abates remains significantly lower than it was before the pandemic, these spaces could be a solution to the housing shortage.
Housing advocates would like to see vacant offices converted into new residential projects, especially for affordable housing. Such a movement would require zoning reform and could be accelerated with targeted policy initiatives.
The city already has an example of this concept being implemented in the mid-1990s. The 421-g program, a series of tax breaks for commercial-to-residential conversions, was used to revitalize Lower Manhattan.
Related Stories
Codes and Standards | May 6, 2020
A few ways contractors can manage COVID-19 risks
Staggered start times, rigorous tool cleaning, virtual training among the strategies.
Codes and Standards | May 5, 2020
NAHB loses influence in 2021 IECC building code development
Despite objections from the National Association of Home Builders (NAHB), the development of the 2021 International Energy Conservation Code (IECC) is nearing conclusion. NAHB objected to several more stringent energy efficiency provisions.
Codes and Standards | May 5, 2020
2020 IECC will lead to significant carbon emissions reductions
New model building code nearly finalized.
Codes and Standards | May 4, 2020
New York expands prevailing wage law
Now includes private projects with 30% or more of public subsidies.
Codes and Standards | May 1, 2020
OSHA says most employers don’t have to track worker COVID-19 infections
Agency clarifies responsibility for contractors, others.
Codes and Standards | Apr 29, 2020
New York City tightens restrictions on construction during pandemic
Dept. of Buildings has issued more than 100 violations and stop-work orders.
Codes and Standards | Apr 28, 2020
ASHRAE, WELL panels to tackle revising standards to limit spread of viruses in buildings
Will examine ways to reduce infectious threats through building designs and operations.
Codes and Standards | Apr 24, 2020
Dept. of Labor issues guidance for respiratory protection during N95 shortage
Elastomeric respirators or powered, air-purifying respirators, and expired N95s are allowable alternatives
Codes and Standards | Apr 23, 2020
Group will create ecosystem for smart building data
Seven Finnish companies aim to integrate all technical systems into a single platform.
Codes and Standards | Apr 23, 2020
COVID-19 epidemic demonstrates value of flexible hospital space
Some rooms being repurposed for ICU care.