Commercial Property Executive shares how New York City is resolving the need for more housing and economical office space within the same building in “Are Partial Conversions Right for You?”
“It’s a whole new world now,” Alkis Klimathianos says. “Before City of Yes, the codes for partial conversions were very difficult. If there was one tenant above you in the building that wanted to remain commercial, the zoning codes and the multiple dwelling law didn’t allow for conversions. The codes and regulations have changed to make partial conversions easier.”
Pictured is one of the firm’s conversation projects within NYC: 650 Sixth Avenue in Flatiron.