The landscape of New York City’s real estate market is continually evolving, with developers and investors seeking innovative ways to meet the growing demand for residential properties. One emerging trend gaining traction is the conversion of commercial spaces into residential units. From repurposing office buildings and warehouses to transforming retail storefronts and industrial lofts, this trend offers a creative solution to address the city’s housing shortage and repurpose underutilized spaces. In this article, we’ll explore the growing trend of converting commercial spaces to residential in NYC, the factors driving this trend, and how our brokerage, SPiRALNY, can help you succeed in navigating this market shift.