Thursday, August 6th, 2009
Leading Economic Indicators: Packing ‘Em In Like It’s A College Dorm
Tishman Speyer’s Stuyvesant Town resembles dorm now that leasing agents make it easier to convert one-bedroom apartments into two-bedroom dwellings:
A young, chirpy brunette showed us a model one-bedroom apartment that had a pressurized wall built in the living room so it could comfortably work as a two-bedroom. The unit had recently undergone luxury upgrades such as granite countertops, new appliances, posh lighting fixtures, a renovated bathroom and brand-new air conditioners. Even with the wall, the living room and both bedrooms were considerably larger and nicer than any apartment we had seen through Craigslist. We would have both a trendy East Village address and be surrounded by trees, green lawns, street hockey and basketball courts. It was the perfect surrounding to sit and study or play Wiffle Ball. Stuy Town felt like the college campus that NYU could never deliver.