What’s wrong with converting under utilized office buildings as apartment buildings, after all the areas that these office buildings that are under utilized are depressed as far as local restaurants are concerned and so are the shops. One can not forget the taxes that might not be payed if the owners are forced to foreclose on the property. So what can be bad about turning office buildings into apartment building?
What about the tenants of these new apartments. Ya Steve what about them…Well where are they going to buy groceries, does the developers put supermarkets on the ground floor? If the tenants have children are there going to be schools near by. What about childcare centers will the developers put them in as well? What about senior citizens who might want to live in these developments, will there be centers for them also. Are there going to be affordable garages near by if the tenants decided that they need a car. Exactly how affordable would these apartments be, after all it’s not cheap to convert an office building into an apartment building. Well those are some of the questions that municipalities would have to answer before conversion time.🤔
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