As someone who lives a few blocks from where this complex is going up, I don't know what these people are smoking. $3000 for 360 sq foot apartment is utterly absurd, even in NY. I pay far less than that for a nice apartment in a doorman building so I don't know who would in their right mind would pay for these. I could see _maybe_ paying if this complex were going up in a prime neighborhood like the West Village or Tribeca, but way over on 27th street which is a half mile (which is considered far in Manhattan) from the nearest subway station, no way.
Exactly. I live 2 blocks away, have a studio w/ better amenities (ie: my own full kitchen), and it's larger. $2,200.
Or I could live 20 minutes away from SF and pay $700 a month for a small townhome with workshop space. Pass.
That is an awesome deal!! $700 for the entire townhouse or just a single room?
The whole place. It works out. It's an exception to an assisted living community, so it means I have to stick to 3d printing and laser cutting if I use the shop tools after 6PM or so, and occasionally I have to help an old person carry stuff, but it's nice. I don't even lock my front door.
I'd have to say you lucked into a pretty special deal and not representative of much within 20 minutes of SF (and is that 20 minutes at midnight or during rush hour?). :-)
Where? That's less than prices in Phoenix.
terra linda. again i got very lucky
After reading that they had to waive the regular zoning laws, I get the impression that this is a developer's approach to fulfilling an affordable housing requirement while actually trying to push median rents upward.