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Mmastodon BusinessReal Estate first seen 2 h ago, last 1 h ago, peak #8

Mamdani plan would turn Lower Manhattan offices into 4,000 apartments

Original: # Mamdani wants to turn # LowerManhattan government offices into nearly 4,000 apartments Story by Allaire Conte, Septemb

New York City is moving ahead with a plan backed by mayor-elect Zohran Mamdani to replace an aging government office building in Lower Manhattan with nearly 4,000 apartments. The proposal is part of a broader push to convert underused government office space into housing amid the city's affordability crisis. Supporters see it as a model for office-to-residential conversion, while details on costs and timelines remain limited.

Why now: Housing affordability and office-to-residential conversions are hot topics in New York as Mamdani prepares to take office.

Zohran MamdaniNew York CityLower Manhattan

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