Posted on 01/30/2024 2:51:38 AM PST by davikkm
It depends on the city. There are several commercial office buildings here in Nashua that are in nice areas that are not fully rented. They would make nice residential properties IF they could change them.
They have done a lot of that with older textile mill buildings around here. Brick buildings with big windows and 12’ ceilings. Exposed wood beams and plenty of parking.
There is an entire section of downtown Manchester, NH that is comprised of the old Amoskeag textile mill buildings. Almost all of them have been converted to mixed use properties. There are bars, restaurants, a college, multiple high tech companies, apartments and condos. The floors and wooden beams in these buildings were industrial. They originally had literally tons of machinery in them at one point. They were all woolen mills.
New Hampshire is so white the Democrats banned the first primary there.
Lol.
It is a feature, not a problem.
Vermont and Maine are even heavier White. Except their stupid governments brought in a bunch of Somalians a while back. Now, Lewiston, ME and Burlington, VT have a higher murder rate per capita than Chicago.
Why you ingrates just don’t know how good you have it! - Democrats.
Here is an example of a 20 story office building in downtown Manchester, NH they just remodeled to 1-3 bedroom apartments.
This building had been a 20 story office tower since 1972.
Brady-Sullivan, who owns the building since 2006 is a real estate development company. They own multiple apartment complexes in NH & MA. Some are the mill type buildings I previously mentioned.
Here is an article about the conversion:
Manchester is a great city.
Unfortunately it is not representative of most medium and large cities in the country.
If you put that same building in Lawrence, MA or Camden, NJ or Baltimore, MD or Atlanta, GA or Chicago, IL etc etc etc it would be a slum in ten years.
Brady Sullivan did a mill conversion down in Clinton, MA. I looked at an apartment with my son about three years ago. The apartments were really cool inside. Many of them had 20’ high ceilings with a loft and a spiral staircase to get up to that loft overlooking the living room/kitchen area. Then it had 1-2 bedrooms off that main floor. Still with 20’ ceilings.
The problem was right down the street was the hood. We spoke to a couple tenants who said there had been break ins of cars in their parking lot. They advised against living there. My son found an in law apartment above someones garage in Groton, MA(one of nicest towns in the Nashoba Valley are of MA).
I see entire housing developments and huge apartment complexes popping up around me almost daily. The construction is non-stop.
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