What to Do With a 45-Story Skyscraper and No Tenants HSBC Canary Wharf
HSBC’s plan to leave its Canary Wharf tower for a smaller site shows the global challenges ahead in repurposing unwanted office space for a post-pandemic world.
New York City recently rolled out a plan to change zoning rules for Midtown Manhattan to allow more offices to be converted to apartments.
“It would be incredibly challenging to convert,” he said. “The scale makes it more difficult: not necessarily the height. There are some very tall residential buildings.”
But “what will you do with the middle?” he asked.
HSBC’s landlord, the Qatar Investment Authority, didn’t respond to requests for comment.
Bloomberg 29 August 2023
Property Pain From Canary Wharf to Mainhattan - samt mysiga Barkarby
https://englundmacro.blogspot.com/2023/07/property-pain-from-canary-wharf-to.html
Inlägg med etikett Huspriser
https://englundmacro.blogspot.com/search/label/Huspriser
Kommentarer