Strategic Urban Rebirth: The Office-to-Residential Shift and Its Profound Impact on Real Estate Dynamics | Massimo F. D’Angelo

At the 2024 1RealEstateWorld Global Conference, Massimo F. D'Angelo, Partner at Blank Rome LLP, discusses the transformative shift from office to residential spaces in his talk, "Strategic Urban Rebirth: The Office-to-Residential Shift." The pandemic accelerates remote work, leading developers to repurpose underutilized office buildings into much-needed residential units. D'Angelo highlights how this shift addresses housing shortages in cities like New York and envisions it as a "strategic urban rebirth" that will reshape entire neighborhoods. He emphasizes that this transition is a long-term strategy for creating more sustainable and livable urban environments.