A Buckling Skyscraper Shakes Confidence In Office Conversions

On Tuesday morning, something potentially very scary happened in New York City. Images of buckling steel beams at the former Pfizer headquarters (wsj.com/real-estate/manhattan-high-rise-develo…) led to a large evacuation in midtown Manhattan. WSJ’s Peter Grant (wsj.com/news/author/peter-grant) reports on what happened and what this high-profile setback means for the nationwide trend of converting empty skyscrapers into apartments (wsj.com/real-estate/commercial/nyc-office-resi…). Ryan Knutson (wsj.com/news/author/ryan-knutson?mod=WSJ_TJPOD) hosts.

Further Listening:

- Compass vs. Zillow: The Real Estate Wars (open.spotify.com/episode/5CBNWmByKiEqIZ4wRzJ5l…)

- Who’s in Charge of Fixing Miami’s Aging Condos? (open.spotify.com/episode/6IRb6Pb7aN0dp9wu8IeDM…)

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