{"id":1004685489,"date":"2023-10-13T01:26:30","date_gmt":"2023-10-13T09:26:30","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004685489"},"modified":"2025-02-25T04:26:08","modified_gmt":"2025-02-25T12:26:08","slug":"cpe-poll-office-to-residential-conversions","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cpe-poll-office-to-residential-conversions\/","title":{"rendered":"CPE Poll: Office to Residential Conversions"},"content":{"rendered":"<p><em><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004685491\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cpe-poll-office-to-residential-conversions\/2023-10-11_17-46-35\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/2023-10-11_17-46-35.jpg\" data-orig-size=\"1088,846\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"2023-10-11_17-46-35\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/2023-10-11_17-46-35.jpg?w=1024\" class=\"alignright size-medium wp-image-1004685491\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/2023-10-11_17-46-35.jpg?w=300\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/2023-10-11_17-46-35.jpg 1088w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/2023-10-11_17-46-35.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/2023-10-11_17-46-35.jpg?resize=768,597 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/2023-10-11_17-46-35.jpg?resize=1024,796 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Commercial Property Executive <\/em>has just released a <a href=\"https:\/\/www.commercialsearch.com\/news\/polls\/\">new reader poll<\/a>! We want to know about the extent to which your firm is undertaking office to residential conversions, at a time when the nation is experiencing a shortage of nearly <a href=\"https:\/\/www.realclearpolicy.com\/articles\/2023\/08\/04\/five_facts_on_the_us_housing_shortage_970751.html#:~:text=A%20recent%20survey%20by%20Divvy,t%20building%20enough%20new%20homes.\" target=\"_blank\" rel=\"noopener\">4 million units<\/a>, and cities such as New York have <a href=\"https:\/\/www.commercialsearch.com\/news\/nycs-office-to-residential-plans-are-just-the-beginning\/\">plans<\/a> to convert unused office space to tens of thousands of multifamily units.<\/p>\n<p>The viability of such projects depends on a multitude of factors, from the building\u2019s age and equipment to floorplate sizes. Possible responses range from conversions already completed or in progress, to identifying them as not feasible at all.<\/p>\n<p>In <a href=\"https:\/\/www.commercialsearch.com\/news\/poll-results-the-impacts-of-rising-insurance-costs\/\">last month\u2019s poll<\/a>, we surveyed readers on the impacts that rising insurance costs are having on their businesses. 82 percent of respondents said that the inflated rates, at a time of increasingly frequent severe weather events and deflated property values, are taking a toll on some fundamental aspects of their businesses. The remainder, an even 9 percent split, stated that they are either looking to switch carriers at a time when many have exited the market, while others are continuing to adjust their investment and development strategies.<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/polls\/\"><em>Click here\u00a0<\/em><\/a><em>to see CPE\u2019s latest poll, and the results of previous surveys.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is your firm involved in these much-discussed projects? Participate in this month\u2019s reader survey!<\/p>\n","protected":false},"author":3012,"featured_media":1004685491,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1004685489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CPE Poll: Office to Residential Conversions - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Commercial Property Executive just released a new reader poll! We want to know if your firm is undertaking office to residential conversions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cpe-poll-office-to-residential-conversions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CPE Poll: Office to Residential Conversions\" \/>\n<meta property=\"og:description\" content=\"Commercial Property Executive just released a new reader poll! We want to know if your firm is undertaking office to residential conversions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cpe-poll-office-to-residential-conversions\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-13T09:26:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-25T12:26:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/2023-10-11_17-46-35.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1088\" \/>\n\t<meta property=\"og:image:height\" content=\"846\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gabriel Frank\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cpe-poll-office-to-residential-conversions\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cpe-poll-office-to-residential-conversions\/\",\"name\":\"CPE Poll: Office to Residential Conversions - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cpe-poll-office-to-residential-conversions\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cpe-poll-office-to-residential-conversions\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/2023-10-11_17-46-35.jpg\",\"datePublished\":\"2023-10-13T09:26:30+00:00\",\"dateModified\":\"2025-02-25T12:26:08+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/cf1bfd2d6753f6ea305911ffd020862c\"},\"description\":\"Commercial Property Executive just released a new reader poll! 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