NYU Students Take Over Office Space
We've heard of people taking up residence in commercial spaces all around the city, so hearing about NYU students living in an office space doesn't come as much of a surprise. The Times reports on some desperate measures being taken in order to live in this city.
Students on tight budgets find it especially tough to find housing. Last fall, Kate Harvey, a part-time nanny and a junior at N.Y.U., and eight friends saved on rent by camping out in vacant offices at Michael Stapleton Associates, a downtown explosive-detection security firm. For nearly three months, they told the guards at 47 West Street that they were interns, even as they trudged in near midnight or pattered through the lobby at 10 a.m. in pajamas and slippers.......They sneaked furniture into the 11th floor on the freight elevator, squeezed three beds into the former chief executive’s office and turned filing cabinets into clothing drawers. One student pitched a tent. They brought their cat, Sula, past the front desk. They knew pets were allowed, they said, because the company had allowed bomb-sniffing dogs.
Whatever happened to sleeping in the library? There are undoubtedly plenty of stories like this one out there, a frightening fact for everyone living here or with hopes to live here. While the vacancy rate for Manhattan rentals has always been low, it is currently estimated at 3.7% and is expected to hit 2.9% by 2011. That combined with rental prices up 8.3% last year will lead people to set up camp just about anywhere.
Photo from Seinfeld's "The Nap" episode (video).
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