NYC Commercial Real Estate Cluster
NYC Office-to-Residential Conversion — The Complete Cluster
How NYC office-to-residential conversions actually pencil — 467-m tax abatement mechanics, which buildings convert well, the specialist buyer universe, and economics drawn from the largest recent conversion transactions. Skyline brokered 6 East 43rd St ($135M) and 101 Greenwich St ($105M).
- Office-to-Residential Conversion in NYC: Complete GuideComprehensive guide to converting NYC office buildings to residential — which buildings qualify, 467-m tax abatement economics, design constraints, and the buyer universe.
- NYC 467-m Tax Abatement, Explained for DevelopersHow NYC's 467-m office conversion tax abatement actually works — eligibility, abatement schedules, affordable-unit requirements, and how to qualify.
- Which NYC Office Buildings Make Good Conversion Candidates?Floor-plate, light, plumbing, structural, and zoning criteria that determine whether an NYC office building is a viable residential conversion candidate.
- The Economics of Office-to-Residential Conversion in NYCUnderwriting NYC office-to-residential conversions — acquisition basis, hard costs per door, soft costs, abatement value, and stabilized residential yield.
Working on an actual NYC deal?
Skyline Properties brokers off-market commercial real estate across Manhattan and Brooklyn. Robert Khodadadian has closed more than $976M in NYC commercial real estate transactions across multifamily, ground lease, development sites, office, and retail.