I read that at their web site (domuspa.com) and caught the "most coveted" phrase.
Now, if they actually get the rents they're asking, they will be the "most coveted" apartments, at least if you believe the principle that you can measure how much people covet things by how much they're willing to pay for them. The real question is to explain *why* people are willing to pay those prices. Also, it seems to me that a better metric for comparing the rents at Domus to other rents would be price per square foot; I suspect that most one-bedrooms, for example, are smaller than the 800 square feet at Domus, and I once lived in a 3-bedroom apartment that was 1,000 square feet or so. Do the Domus rents look less ridiculous when considered that way? Isabel On 7/28/07, [EMAIL PROTECTED] <[EMAIL PROTECTED]> wrote: > > In a message dated 7/28/2007 9:16:35 PM Eastern Daylight Time, > [EMAIL PROTECTED] writes: > > The Inky seems to have printed the high end of the one bedroom range > at Domus for effect and ended up distorting everything. (Quick! > Someone hit the staff writer with a rolled-up Inky! Bad reporter! > Bad!) > > Anyway, a one bedroom in the luxurious Domus starts at $1,800 and a > two bedroom there starts at $2,800. > > Help... google, c'mere boy. Good boy. > > Below is what was posted on 7/11/07 on: > http://realestate.yahoo.com/Pennsylvania/Philadelphia/Apartments_for_rent/fa166960ff8f80a8859dc91195d76fda > > > "Domus is the most coveted residence in Philadelphia's most vibrant and > distinctive neighborhood - rising eight stories high in University City, the > academic heart of Philadelphia. Located on the University of Pennsylvania > campus, its 290 luxury apartments are perched above an eclectic range of > restaurants, shops, and internationally known retailers. Sleek. Edgy. > Infinitely flexible. Domus offers a variety of residence options, so your > home can be as unique as you are. Add to that the building's spaciousness > and sweeping views. Its superior finishes of natural stone, hardwood, and > slate. Its plush interiors and stainless steel appliances. And its amazing > resort style amenities. How best to define such a home? In one word: > Domus... " > > > Don't you just love the "most coveted residence" bit? Coveted? Even Donald > Trump would blush at this hyperbole. I also got a chuckle out of "rising > eight stories high in University City." Reminds me of a speech given by JFK > somewhere in the Rockies where he pointed to the mountains behind him and > said something to the effect "We have a mountain near Boston, too. It's > called The Great Blue Hill. And it towers 300 feet above the town of > Milton." Of course, Kennedy was trying to be funny. > > For comparison, one floor of a converted rowhouse or twin is about 900 > square feet. Probably not as space-efficiently laid-out as those at Doofus > where they were starting from scratch rather than an existing building with > some structural constraints. Still, 100 square feet difference is 11% > bigger. > > Compare the figures in the table below for Doofus with what's on the Penn > Office of Off-Campus Living rental survey for this year: > Penn Off-Campus Living Office survey > > - 1 bedroom -- range: $525 - $1470, average: $ 850 > - 2 bedroom -- range: $715 - $2300, average: *$*1248 > > > Prices for Domus > No. Floor Plan Bed Bath Sq. Ft. Deposit Availability Rent From 1 > A<http://www.apartments.com/search/oasis.dll?p=yahoore&partner=yahoore&page=avsummary&HideBackResults=T&property=102250.53.0&model_name=A> > 1 1 791 Call > Call<http://www.apartments.com/search/oasis.dll?p=yahoore&partner=yahoore&page=avsummary&HideBackResults=T&property=102250.53.0&model_name=A> > $1,849 2 > B<http://www.apartments.com/search/oasis.dll?p=yahoore&partner=yahoore&page=avsummary&HideBackResults=T&property=102250.53.1&model_name=B> > 1 1 797 Call > Call<http://www.apartments.com/search/oasis.dll?p=yahoore&partner=yahoore&page=avsummary&HideBackResults=T&property=102250.53.1&model_name=B> > $1,869 3 > I<http://www.apartments.com/search/oasis.dll?p=yahoore&partner=yahoore&page=avsummary&HideBackResults=T&property=102250.53.8&model_name=I> > 2 2 1153 Call > Call<http://www.apartments.com/search/oasis.dll?p=yahoore&partner=yahoore&page=avsummary&HideBackResults=T&property=102250.53.8&model_name=I> > $2,819 4 > K<http://www.apartments.com/search/oasis.dll?p=yahoore&partner=yahoore&page=avsummary&HideBackResults=T&property=102250.53.10&model_name=K> > 2 2 1309 Call > Call<http://www.apartments.com/search/oasis.dll?p=yahoore&partner=yahoore&page=avsummary&HideBackResults=T&property=102250.53.10&model_name=K> > $3,099 5 > R<http://www.apartments.com/search/oasis.dll?p=yahoore&partner=yahoore&page=avsummary&HideBackResults=T&property=102250.53.17&model_name=R> > 3 2 1513 Call > Call<http://www.apartments.com/search/oasis.dll?p=yahoore&partner=yahoore&page=avsummary&HideBackResults=T&property=102250.53.17&model_name=R> > $4,259 > > By the way, I couldn't find any comparable data for "The Hub." > > Still here. Haven't joined the list at [EMAIL PROTECTED] Don't plan to. > Al Krigman > > > > ------------------------------ > Get a sneak peek of the all-new > AOL.com<http://discover.aol.com/memed/aolcom30tour/?ncid=AOLAOF00020000000982> > . >
