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Re:Downtown SF has 18.4M square feet of empty office space. ... by mrinterweb on Tuesday May 09, 2023 @01:41PM (#35877832)
Renovating commercial office space for residential use would be very expensive. Just re-plumbing alone would not be cheep. Probably cheaper than building a brand new building, but I don't know the numbers on that.
Re:Downtown SF has 18.4M square feet of empty office space. ... by bombcar on Tuesday May 09, 2023 @02:40PM (#35878632)
I've read that in cases where it is not a skyscraper it is more expensive than knock-down and rebuild.

And unless it's a really cool old industrial building, you end up with crappy residential buildings that aren't tremendously desired unless the location is really, really good.

Re:Downtown SF has 18.4M square feet of empty office space. ... by sokoloff on Tuesday May 09, 2023 @01:51PM (#35877969)
It's still far cheaper than the land value alone in any place that has skyscrapers and disused commercial property inside them.