Quote:
Originally Posted by pianowizard
What's the shortest lease allowed? If people can rent an apartment here for just 2 - 3 months, $6000/mo is still cheaper than many hotels in Chicago. Perhaps the developer thinks of hotels as their competitors?
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Some buildings allow short-term leases to go month by month, but it's definitely not most buildings (at least advertised). I'd assume if they don't have that deal, you could maybe negotiate for one, but I'm sure you'd pay more than the market rent. Whether it's cheaper or not depends on what kind of hotel you're going for. For a hotel, you could probably negotiate a lower price if you wanted to stay for long term, so it could end up being equal. You'd have more room with a real apartment though probably.