Even though 99% of the work is done (foundation, and structural framework is installed, HVAC is functional, fire alarms and locks all where they need to be) there would be some small changes like installing more showers so we're told that converting these buildings is unfeasible.

I think that the media pushes that story because rich corporate media people all have millions in real estate that's artificially propped up by blocking new construction. If we can convert office space, the housing market bubble would pop overnight.

Fingers crossed though, I'd love to get a downtown apartment, and my city is full of vacant office space.