How San Francisco Can Solve Its Empty Office Problem
San Francisco is facing its highest office vacancy rates in nearly 30 years. At the same time, the city is facing a housing crisis with the state demanding 82,000 new units of housing to be built by 2031. CNBC sits down with San Francisco Mayor London Breed to discuss how the city could tackle two of its biggest issues head-on. Plus, CNBC visits a building in the Civic Center neighborhood that undertook the biggest office-to-residential conversion in the city to date.
Chapters:
0:00 Intro
1:09 Empty offices
4:25 Office conversions
9:42 Overcoming hurdles
Produced by: Sydney Boyo
Additional Camera: Katie Brigham
Supervising Producer: Jeniece Pettitt
Editorial Support: Lindsey Jacobson
Graphics by: Christina Locopo
Fri, 30 Dec 2022 16:00:01 GMT