Is Converting Old Offices into Apartments THE BEST Solution to Housing Shortages?

Season 2, Episode 2: In this episode of No Cap by CRE Daily, we explore the rising trend of adaptive reuse in real estate—converting old offices into apartments as a potential solution to the housing shortage.

Join hosts Alexander Gornik and Jack Stone as they chat with Anoop Dave and Tim Gordon, Co-Founders of Victrix Investment. They share insights on the challenges and opportunities in transforming office spaces into residential properties.



TOPICS

0:00 - Introduction
2:15 - Civic Support In Adaptive Reuse
6:00 - Federal Government’s Role In Conversions
9:47 - Hudson Yards Casino Bid & Zoning
12:00 - Office-To-Home Challenges In NYC
14:00 - Insights On Adaptive Reuse
19:13 - Office To Residential Shift
24:34 - Success Stories
31:28 - Adaptive Reuse Obstacles
36:18 - Financial Hurdles & Due Diligence
41:00 - Future Of Adaptive Reuse



We want to thank our sponsor Greysteel. 



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About No Cap Podcast

Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.




About CRE Daily 

CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.