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A Buckling Skyscraper Shakes Confidence In Office Conversions

The Journal.

The Wall Street Journal & Spotify Studios

July 9, 2026

Show Notes

On Tuesday morning, something potentially very scary happened in New York City. Imagesof 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 nationwidetrend of converting empty skyscrapers into apartments. Ryan Knutson hosts.

Further Listening:

- Compass vs. Zillow: The Real Estate Wars

- Who’sin Charge of Fixing Miami’s Aging Condos?

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A Buckling Skyscraper Shakes Confidence In Office Conversions — Podcst