Much of the focus in New York City commercial real estate at this time last year was on taking office buildings and turning them into housing. This year, with optimism about the city's office sector on the rise, more money is going into those older buildings, intent on keeping them as workplaces. “I think residential conversion is a great option for a very limited number of buildings,” L&L Holding Co. principal David Orowitz said at Bisnow’s New York 2024 Forecast event on Wednesday. “Where the bigger push is going to be is making office buildings what people want, and I think that’s probably where most of the capital is going to need to go.” 
Investment and development activity are coming back to NYC after their pandemic-era swing to states like Florida with lower taxes and less red tape, city real estate and government leaders said at Bisnow’s event, held at the New York Marriott Marquis.“I think anecdotally what we're hearing is that, if that was even real to the… Read the full story here. | 
