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Re:Remote work is starting to hit office rents by dragonwriter on Wednesday March 22, 2023 @11:15PM (#35270119)
> The value of that entire area for business is headed to zero.

If only there were some other high-value use for San Francisco real estate besides office space.

Re:Remote work is starting to hit office rents by gumby on Thursday March 23, 2023 @01:57AM (#35270942)
In the 80s and 90s it was a bedroom community for Silicon Valley. I used to commute to Palo Alto from SF.
Re:Remote work is starting to hit office rents by crooked-v on Thursday March 23, 2023 @02:53AM (#35271275)
For anyone genuinely wondering why they don't do the implied thing and convert it to residential, the answer is that the San Francisco permitting process to build even as little as a single-family home on an unused lot can often require paying someone full-time to hassle the city government literally every single day for several years straight, and then if the NIMBYs persuade the board of supervisors against it the project gets denied anyway.
Re:Remote work is starting to hit office rents by dehrmann on Thursday March 23, 2023 @03:26AM (#35271494)
This is half of it, but plumbing, windows, layout, and elevators are very different between residential and offices.
Re:Remote work is starting to hit office rents by swiftcoder on Thursday March 23, 2023 @03:44AM (#35271590)
Nonetheless, commercial->residential conversions tend to be pretty popular. All those industrial-themed urban lofts in other cities sell/rent just fine
Re:Remote work is starting to hit office rents by gregshap on Thursday March 23, 2023 @04:24AM (#35271800)
Different converting the 1890s brick 4 story buildings vs the 1970s or 2000s or 2010s office buildings.
Re:Remote work is starting to hit office rents by AlchemistCamp on Thursday March 23, 2023 @05:16AM (#35272086)
Has SF really built much in the past 20 years? Comparing what I saw there with old movies it didn’t seem like it.
Re:Remote work is starting to hit office rents by joenot443 on Thursday March 23, 2023 @09:46AM (#35274710)
Considering the amount of raw engineering ingenuity concentrated in San Francisco, I’m pretty confident they’d be able to figure it out.
Re:Remote work is starting to hit office rents by gregshap on Thursday March 23, 2023 @01:01PM (#35277739)
Sure but the rent roll would barely cover the AWS bill
Re:Remote work is starting to hit office rents by scarab92 on Thursday March 23, 2023 @10:25AM (#35275313)
In high land value areas demolishing and rebuilding can be a commercially viable alternate to conversions as well.
Re:Remote work is starting to hit office rents by ajsnigrutin on Thursday March 23, 2023 @04:31AM (#35271836)
It's hard to transform many office buildings into residential spaces, unless you demolish them and rebuild.

Office buildings usually have huge floorplans while residential places require windows, so any space within ~5-6meters from the wall is basically useless (bathrooms, elevator shafts, storage spacce, stairways and not much else can be positioned there)

Re:Remote work is starting to hit office rents by tkgally on Thursday March 23, 2023 @06:12AM (#35272442)
The New York Times had a nice interactive article recently for subscribers showing how some office buildings can be and have been converted to residential. Most of the illustrations that tell the story didn’t seem to get captured by the Wayback Machine, unfortunately:

https://web.archive.org/web/20230317112255/https://www.nytim...

Re:Remote work is starting to hit office rents by francisofascii on Thursday March 23, 2023 @07:49AM (#35273253)
Then demolish and rebuild. No reason to delay the inevitable.
Re:Remote work is starting to hit office rents by xtiansimon on Thursday March 23, 2023 @07:54AM (#35273302)
Why not SROs? They’re notorious for thin walls.
Re:Remote work is starting to hit office rents by mschuster91 on Thursday March 23, 2023 @04:37AM (#35271863)
> If only there were some other high-value use for San Francisco real estate besides office space.

Converting office space to residential space is hard. Not just the zoning issues, these can be solved... the major problem is building technology. The entire HVAC system has to be ripped out and replaced, as people want individual temperature controls, to not smell whatever their neighbor is cooking or smoking and they want to have showers as well, which is problematic because office HVAC systems are not set up to deal with high humidity air and will have instant mold issues. (Side note, that is the reason why many companies, despite offering "bike to work" incentives, won't have showers installed)

Some spaces, particularly high-rises, lack windows that can be opened. A lot of space can't reasonably be rented out as many jurisdictions require a certain amount of direct sunlight for a room to be legally considered residential.

But the worst issue is plumbing: offices generally are set up with centralized loos and the kitchen nearby (if there is a kitchen at all). That keeps the amount of vertical pipes for cold, hot and waste water very low. In a residential building however, unless it's some sort of boarding house, people generally expect to have their own bathroom which means a ton of work to retrofit, more so in a way that doesn't lead to noise complaints.

Re:Remote work is starting to hit office rents by sampo on Thursday March 23, 2023 @05:30AM (#35272163)
> Not just the zoning issues, these can be solved...

Those are difficult to solve California, and near impossible in San Francisco.

Re:Remote work is starting to hit office rents by GoblinSlayer on Thursday March 23, 2023 @09:27AM (#35274425)
Turn it into a park.