How low demand for office space is creating new apartments : The Indicator from Planet Money One of the consequences of stronger remote work culture is the abandonment of office space. These empty buildings have created opportunities for real estate developers to create housing in American cities where residential apartments are expensive and in short supply.

How an empty office becomes a home

How an empty office becomes a home

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Spencer Platt/Getty Images
(Photo by Spencer Platt/Getty Images)
Spencer Platt/Getty Images

The boom in remote working since the beginning of the pandemic means many offices in America's biggest cities are sitting empty. At the same time, there's a shortage of residential apartments. Well, supply meet demand. Real Estate developers are turning those empty offices into homes. New York City is at the epicenter of these office to apartment conversions.

Today, we talk about this national trend. How prevalent it is, the logistical hurdles and the people involved that are making it happen.

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