Quote:
Originally Posted by yankeesfan1000
Lack of accommodation is a huge problem, and thanks for the link to the Yimby article.
I have to imagine a big factor in tech companies getting squeezed in areas like Midtown South, Chelsea, Meatpacking etc, is developers converting office space into residential, ala 10 Madison Square West. I'd be interested to know how many s/f of office space has been converted into residential, vs how many s/f of new office space has been built in those neighborhoods in the past ten years.
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I'd like to know the same for FiDi, as well as total s/f of office space each year. It seems like every pre-war building is getting converted into residential, but I imagine its more than off set by new commercial.