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Manhattan project contractor error eyed in conversion collapse
['Richard Lawson', 'Logan Mohtashami', 'Brooklee Han', 'Jonathan Delozier', 'Flávia Furlan Nunes', 'Housingwire Automation']
HousingWire
Age is just a numberDeveloper MetroLoft is converting the 1970s-era office buildings into 1,600 apartments.
Most conversions have involved 1950s and older office buildings.
COVID-19-induced remote and hybrid work models rendered many office buildings obsolete.
That was the case when a developer converted a 1990s office building near the White House in Washington, D.C.
Complexity can make or break dealsA real estate lender walked away from financing the conversion of a 1922 Boston office building, citing its complexity.