ST Alpha - "Former Pfizer HQ building, now vacant, in midtown Manhattan to become 1500 apartments. More of this please. -- (link)" (Reading a Post)

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Former Pfizer HQ building, now vacant, in midtown Manhattan to become 1500 apartments. More of this please. -- (link)

Posted by ty97 Jun 26 '24, 06:50

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https://x.com/MarkLevineNYC/status/1805692077231022127 (x.com)

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Just watched a video about how all the empty office space can lead to a financial collapse. So anything to avoid that is great. -- nm - Mop🧹 Jun 26, 06:57
I've always read that it is wildly expensive to do this. Office building internals (water, power, etc) are nowhere near the same design as apartments -- nm - oblique Jun 26, 06:53 4
- expensive and a logistical nightmare - decline Jun 26, 06:55 1
  - Same. -- nm - Mop🧹 Jun 26, 06:57
- I'm certain it is expensive, but has to be less expensive than building a brand new building, right? -- nm - ty97 Jun 26, 06:54 1
  - From an article I read it said it's about 20-30% cheaper to convert a building but not every building is equal so in - Krusty Jun 26, 07:08

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