Office-to-residential conversions are becoming increasingly common in densely populated cities across America.
housing
While affordable housing policy (or lack thereof) has had a profound impact on multifamily development in New Jersey over the past 5 years, it is becoming increasingly unclear what impact this will have on development in the next 5 years.
There have been endless articles written on how millennials are changing the demand for housing, but not enough articles have been written on why. Millennials showing a preference for apartments and urban areas has dramatically increased the demand for multi-family units, and developers are racing to meet the demand.