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Given the housing crisis, it only makes sense to convert that real estate into residential units.
Those two are not as related as they at first seem.
For one, the plumbing required is different, as in literally offices don't tend to have bathrooms with toilets and showers inside every office space. Also the lighting would be cut off for all the inside units. Communal bathrooms and no windows works for work but not as good for home.
For another, a lot of the varying housing crises (there are multiple types) relate to affordability bc of being bought up by corporate interests. Another type relates to weird zoning laws of what types of homes are allowed to be built in certain areas - and for these at least, there's nothing stopping good homes from being made except again profits.
So it's not impossible, but there are challenges. Mainly, how can already rich people find a way to make even moar monay? Oh yeah and something something the poors get whatever too.
Those residential units will be worthless too if all the offices close. Why live in the big city and pay huge rents if you work remote? Just move to a cheap area and buy a nice house.
Those huge rents exist because demand exceeds supply (amongst other reasons). People want to live in walkable neighborhoods and not suburbs where you have to drive everywhere to survive.