A Buckling Skyscraper Shakes Confidence In Office Conversions

July 9
18 mins

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Episode Description

On Tuesday morning, something potentially very scary happened in New York City. Images of buckling steel beams at the former Pfizer headquarters led to a large evacuation in midtown Manhattan. WSJ’s Peter Grant reports on what happened and what this high-profile setback means for the nationwide trend of converting empty skyscrapers into apartments. Ryan Knutson hosts.

Further Listening:

- Compass vs. Zillow: The Real Estate Wars

- Who’s in Charge of Fixing Miami’s Aging Condos?

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