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The project calls for a conversion into a mixed-use complex with furnished studio apartments and one- to four-bedroom units for 350 students. It is expected to cost $71 million and be a catalyst for continued renaissance of downtown as a residential as well as commercial community. [10]
The apartments offers a choice between studio and loft layouts. The rent structure is all-inclusive, covering high-speed Wi-Fi, electricity, cooling, and heating in a single monthly charge. Each apartment is fully furnished with space-maximizing Italian furniture, features Calacata gold countertops, and includes spacious, spa-inspired bathrooms.
In less than two years, the division’s available apartments increased from 180 to 800 units. [2] The geographic coverage of ExecuStay also expanded into nearby Connecticut, New Jersey, Westchester, and Long Island, in a time when the concept of corporate housing was considered a feature of Manhattan's real estate market. [3] [4]
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A studio apartment, or studio condo [1] also known as a studio flat (), self-contained apartment (), efficiency apartment, bed-sitter (), or bachelor apartment, is a small dwelling in which the normal functions of a number of rooms – often the living room, bedroom, and kitchen – are combined into a single room.
The Pavilion and Colonnade Apartments are three highrise apartment buildings in Newark, New Jersey. The Pavilion Apartments are located at 108-136 Martin Luther King Junior Blvd. and the Colonnade Apartments at 25-51 Clifton Avenue in the overlapping neighborhoods known as Seventh Avenue and Lower Broadway .
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