https://fortune.com/2023/05/25/office-space-crash-harder-than-expected-remote-work-economy-cre-crash/
“The key takeaway from our analysis is that remote work is shaping up to massively disrupt the value of commercial office real estate in the short and medium term,” the authors wrote.
:sicko-hexbear:
The authors found that higher quality buildings, a.k.a. buildings with higher rents that were built more recently, “appear to be faring better,” which they claim is consistent with the notion that companies have to improve office quality for workers to want to come back.
:porky-scared-flipped:
I know what you’re implying, but then the problem is that in order for the conversions to be economically feasible, a lot of the new apartments would probably have to be windowless.
Hear me out, apartments and hallway are arranged on the outside like a rectangular donut. Inside of the donut, space for activities:
It can go like that on repeat.
And the best part- communal bathrooms for each floor. Having your own private bathroom within your apartment is reserved for management.
That still doesn’t fix the plumbing issue :/