A Buckling Skyscraper Shakes Confidence In Office Conversions

On Tuesday morning, something potentially very scary happened in New York City. Images of buckling steel beams at the former Pfizer headquarters led to a large evacuation in midtown Manhattan. WSJ’s Peter Grant reports on what happened and what this high-profile setback means for the nationwide trend of converting empty skyscrapers into apartments. Ryan Knutson hosts. Further Listening: - Compass vs. Zillow: The Real Estate Wars - Who’s in Charge of Fixing Miami’s Aging Condos? Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices