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As of June, 25 office-to-residential conversions are underway in Downtown — more than the last 20 years combined, according to the city’s Department of Planning and Development. And the conversions will create more than 3,900 units of housing and will replace 4 million square feet of vacant office space.
Audio and summary linked here.
A mess of uncertainty and litigation is sure to follow.
Summary and audio linked here.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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Forgive me if I am wrong but isn’t residential space taxed at a much lower rate than office space?
Look it up instead of asking.
It was a rhetorical question. Of course it is taxed at a lower rate. It was designed to get people to understand the loss of the tax base.
Having a bad day?