A Buckling Skyscraper Shakes Confidence In Office Conversions

from The Journal. · host The Wall Street Journal & Spotify Studios

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

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This episode was published on July 9, 2026.

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