Land Use & Property Rights
“Converting Brown Offices to Green Apartments,” is a working paper from the National Bureau of Economic Research, researchers at New York University and Columbia University that identified thousands of properties nationwide as physically suitable to be converted into apartments. It identifies 50+ buildings in Dallas – Fort Worth for conversion to residential properties. The report also lists local regulatory needs to make it happen, including: local zoning regulations amendments, building code adjustments, local property tax abatements and debt subsidies.
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