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[4] [5] The building was originally designed for condominiums but was reconfigured for smaller apartments by architects Weber Thompson after GID Development desired a move to the rental market. [6] The building opened in October 2015, with the average monthly rent for a 1-bedroom apartment at $2,903.
Aspira was originally intended to be a luxury condo building, but it was changed into an apartment rental building due to market conditions in 2009. At launch, the apartments in Aspira were significantly better than average Seattle apartments at the time, featuring concrete floors, air conditioning, private balconies, and large panoramic windows.
The average size of a New York City tenement unit back then was around 284 square feet, and four or more people would cram into that tiny space. [18] In June 2016, [19] New York City got its first microapartment [20] building, Carmel Place, with 55 units that are as small as 250 square feet (23 m 2) [21] and ceilings from nine to ten feet (2.7 ...
Measuring affordable housing is tricky. Different organizations look at different things: some at buying homes, others at renting apartments. Many U.S. studies, for example, only consider the average rent of a two-bedroom apartment, regardless of location or quality. This can make housing look more expensive than it actually is for many people.
Tower 12 is an apartment building in Seattle, Washington.The 34-story, 392-foot-tall (119 m) skyscraper has 314 apartments as well as 7,000 square feet (650 m 2) of ground-level retail space. [5]
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