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Lower East Side: $3,000/mo for a 450-sq-ft studio

Posted by Anna on January 06, 2000 at 11:30:51:

from today's NYTimes:

January 6, 2000

Visions of Greener Pastures Reinvent the Lower East Side

At 130 Orchard Street, the Beckenstein Home Fabrics
building, still cheek by jowl with discount men's suit
stores and sidewalk leather-jacket merchants, is being
converted into rental apartments priced as high as
$3,000 a month for a 450-square-foot studio.

The article also contains a short history of the LES, worth reading...

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