CREDA (Commercial Real Estate Development Association) President Marc Selvitelli highlights that this growth is not solely due to office-to-residential conversions, but also evolving office space usage post-pandemic.
CREDA (Commercial Real Estate Development Association) President Marc Selvitelli highlights that this growth is not solely due to office-to-residential conversions, but also evolving office space usage post-pandemic. He emphasizes the challenges of such conversions, including zoning and building codes, but notes they address housing shortages and maintain tax bases in communities.
