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A comment on Remote work is starting to hit office rents. Parent comment

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.
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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.
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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
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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.
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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.
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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.
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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
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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.
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