Sentences with phrase «developer converted over»

Not exact matches

Forced out of the building after the landlord sold it to residential developers for over $ 100 million — the top - floor Clocktower space is being converted into a $ 34 million penthouse; one interested party who has toured the space is Leonardo DiCaprio — the Clocktower will now continue its programming across pop - up sites in Times Square, the outer boroughs, and around the world.

I think that a market niche is available, as seen recently in a CBS documentary, where an entrepreneur / developer has taken over vacated properties in New York and converted them to affordable housing.

Recognizing the need for affordable housing, and increased building costs and land restrictions in many markets over the past 15 years, developers and investors have been turning attached rental stock into for - sale condominium communities — and the movement to convert has never been stronger than in the past year.