Photo: Avinash Murugappan | Unsplash
The pandemic has emptied many offices in Washington D.C., and pushed workers into their homes and co-working spaces, most likely never to return to the buildings that housed them. The question is, should D.C.'s empty office buildings be turned into apartments? The answer appears to be yes. "There really hasn't been a time like right now, where office is on the decline to the point that [an empty building] is basically the same value as just the land," Lindsay Stroud, a structured-finance broker with Savills commercial real-estate firm, told the Washingtonian. Office-to-residential conversions may offer a solution. A number of Brutalist-style offices have been transformed into luxury style apartment buildings. Repurposing these structures has brought new life to them in the wake of the pandemic.
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