Can a New Federal Tax Credit Jump-Start Office-to-Housing Conversions?

September 04, 2025

The Office to Residential Conversion Playbook

Thursday, September 4, 2025

Special Report

Boston’s Office-to-Residential Pilot: A Case Study in Downtown Reinvention

On a recent Tuesday morning, the first residents walked through the doors of 281 Franklin Street, carrying boxes into what used to be a quiet commercial building. For decades, the six-story brick…

https://playbook.propmodo.com/bostons-office-to-residential-pilot-a-case-study-in-downtown-reinvention/

News

Your Weekly O2R Edit

Can a New Federal Tax Credit Jump-Start Office-to-Housing Conversions?

Downtown office markets are still learning to live with less demand. Remote and hybrid schedules shifted where people work and when they come in. Before the pandemic, only seven percent of workers…

https://playbook.propmodo.com/can-a-new-federal-tax-credit-jump-start-office-to-housing-conversions/

One Street’s Office-to-Residential Bet at 3333 K Street

Georgetown’s skyline could soon change again, this time with a project that underscores both the challenges and opportunities of office-to-residential conversions in historic neighborhoods. Tomorrow…

https://playbook.propmodo.com/one-streets-office-to-residential-bet-at-3333-k-street/

Boston Office to Residential Conversion Sees First Residents Move In

The first tenants are moving into 281 Franklin Street, and with them Boston’s effort to reimagine its aging downtown office stock has shifted from policy to lived reality. For years…

https://playbook.propmodo.com/boston-office-to-residential-conversion-sees-first-residents-move-in/

Landmark Office-to-Residential Conversion Delivers New Luxury Community Near the White House

Washington, D.C. has long been defined by its office towers, but as vacancies persist and housing shortages deepen, the nation’s capital is increasingly turning to adaptive reuse as a solution.

https://playbook.propmodo.com/landmark-office-to-residential-conversion-delivers-new-luxury-community-near-the-white-house/

Special Report

Is NYC Trading Taxes for Housing? What the Comptroller’s Conversions Report Really Says

New York City is converting obsolete office towers into homes at a scale that would have sounded improbable a few years ago. The promise is real housing supply in core neighborhoods and a partial cure…

https://playbook.propmodo.com/is-nyc-trading-taxes-for-housing/

Webinar

Data Driven Strategies for Office to Residential Conversion Success

Not every office building is a good candidate for conversion, and choosing the wrong one can cost millions. This webinar breaks down the key data-driven strategies real estate professionals use to…

https://playbook.propmodo.com/webinars/data-driven-strategies-for-office-to-residential-conversion-success/

The Database

Conversion Projects

Washington, DC

Boston, MA

Long Beach, CA

More From Propmodo

Virginia Beach Rides the Wave of Real Estate Placemaking

Virginia Beach’s Atlantic Park introduces a surf lagoon as a year-round anchor, showing how engineered waves can drive placemaking, boost mixed-use development, and reshape real estate strategies for cities and investors.

https://propmodo.com/virginia-beach-rides-the-wave-of-real-estate-placemaking/

San Francisco Office Market Edges Toward a New Cycle

San Francisco office leasing is on pace for its strongest year since before the pandemic, led by AI tenants and stronger quarterly volumes, but high vacancies show how far the market still has to go.

https://propmodo.com/san-francisco-office-market-edges-toward-a-new-cycle/

Are You Enjoying This Newsletter?

Propmodo’s Office to Residential Playbook Newsletter is written by Travis Barrington and Franco Faraudo with contributions from our community. The Playbook is a living resource, strengthened by shared projects, data, and corrections. By contributing, you’re helping practitioners, policymakers, and investors make better decisions and advance conversions. Join us in building a collective knowledge base that saves time, reduces risk, and creates better outcomes for cities.

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