| Summary: | WITH HYBRID and remote work schedules leaving millions of square feet of empty office space, "private owners are suffering", says Eran Chen, a founder of the New York architecture firm ODA. Frank Woolworth had dubbed his 792- foot tower, for a time the tallest building in the world, "the Cathedral of Commerce", but in 2018, the late Thierry W. Despont, with SLCE Architects, converted its top 26 floors into 33 luxury apartments. The scheme diversified the incomes of residents by dividing the building vertically into adjoining condo, affordable housing, and co-living towers atop a base of commercial, institutional, and cultural uses.
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