New legislation in Albany aims to boost the conversion of vacant office space into housing in upstate communities.
The legislation sponsored by Sen. Pat Fahy of Albany and Assembly Majority Leader Crystal Peoples-Stokes of Buffalo would allow developers to take greater advantage of tax credits to help boost office conversions.
“We’ve got to use every tool in the toolbox in order to grow housing,” Fahy said. “If we don’t grow housing, we’re going to continue to see prices go up.”…