Quote:
Originally Posted by ap111
Can't speak for all owners, but I think that the amount of work required to convert them to residental is too high for most owners. It's much easier when the whole building is renovated and they can put in new drain lines and HVAC systems.
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The main reason is fire code and ada accessibility not to mention cost to install sprinkler systems. Often too hard to make it finanically feasible, hence the effort to get some of these smaller buildings (particularly along Canal) to work with eachother. That said its definitely starting to happen more.