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Office-to-residential conversions are rarely pursued. At some point, that may change.

Uneven recovery of office market may cause some buildings to become less viable as financial assets
For a segment of older, obsolete office buildings, the question is increasingly shifting from whether they can be converted to residential to whether some can continue to function as office assets at all. (Ashley Hardman/CoStar)
For a segment of older, obsolete office buildings, the question is increasingly shifting from whether they can be converted to residential to whether some can continue to function as office assets at all. (Ashley Hardman/CoStar)
CoStar Analytics
May 19, 2026 | 8:32 p.m.

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For much of the post-pandemic period, office-to-residential building conversions have been widely discussed but rarely pursued. In most cases, the concept is quickly dismissed due to the associated cost, complexity and design limitations.

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