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Reed Hatcher

As seen in: Cushman & Wakefield
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Articles

​​Rethinking Space: The Rise of Office-to-Residential Conversions in New York City​ | US | Cushman & Wakefield

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By Reed Hatcher, Lori Albert
| Cushman & Wakefield
Share: 9/29/2025 Sharp rise in office-to-residential conversions across NYC since the pandemic With vacancies still elevated and many older office properties struggling to compete in a tenant-favored market, conversions have become a defining trend reshaping Manhattan’s real estate landscape. Recent policy changes, declining office values, and the city’s pressing housing shortage have together accelerated activity, pushing conversions from a niche solution to a mainstream strategy.
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Transit Hubs: Engines of Office Demand

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By Jared Lewis, Reed Hatcher, Lori Albert
| Cushman & Wakefield
Share: 9/25/2025 Transit Hubs: Engines of Office Demand This report explores how proximity to New York City’s major commuter transit hubs has become a critical factor in office market performance. As hybrid work models evolve and companies prioritize accessibility, transit-adjacent office buildings are outperforming the broader Manhattan market across key metrics such as vacancy rates, net absorption, rental growth, and employee visitation.
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