Story at a glance Adaptive reuse projects, like turning old hotels and empty offices into apartments, are on the rise. In 2023, 17.6% more apartments were converted from outdated buildings compared to the year before, according to a report from RentCafe. Manhattan is home to the largest number of converted apartments in the country. The number of vacant commercial buildings transformed into apartments jumped by more than 17 percent last year, according to a report from RentCafe. Since 2010, more old and unused factories, warehouses, hotels and office buildings are being adapted into apartments as the need for housing grows in the United States.
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