From cubicles to kitchens: How empty offices are becoming homes
NPR • • business
Key Points:
- Post Brothers, a development company, is converting a vacant office building near Dupont Circle in Washington, D.C., into over 500 residential apartments, marking the largest office-to-residential conversion project in the city to date.
- This conversion addresses two major urban challenges: high office vacancy rates, which reached about 20% nationally in 2024, and a severe housing shortage, with cities like D.C. leveraging office conversions to create more housing in transit-accessible neighborhoods.
- The renovated building will retain its structure but feature modern updates such as a new limestone-like facade, larger windows, luxury amenities, and 60 affordable housing units, with projected rents around $4,000 for one-bedroom apartments.
- Experts note that while office-to
