The iconic Flatiron Building will be converted from empty offices into luxury residences. The iconic Flatiron Building will be converted from empty offices into luxury residences, the owners announced this week. The Brodsky Organization, a residential real estate developer, bought a stake in the Flatiron building this month and will lead the conversion process, which will include moving the staircases and elevators. The Flatiron Building's redevelopment will be one of New York's most high-profile commercial-to-residential building conversion projects, something that's become a central part of the city's efforts to build more housing. The area — between 23rd and 40th streets and Fifth and Eighth Avenues — is just north of the Flatiron building.

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