His agreement with the town called for 40 one-bedroom units to be created in the old school building.
One-bedroom units start at $63,500 and common charges range from $60 to $90 a month.
They also purchased a one-bedroom unit in the same building last year for $210,000.
And a similar one-bedroom unit on the 39th floor, would be $69,000 with maintenance of $1,760.
The prices average $145 a square foot, which works out to about $156,000 for a one-bedroom unit.
One-bedroom units start at $915 and two bedrooms go for $1,200.
In many new buildings, one-bedroom units have only 700 square feet.
He planned to move into her one-bedroom unit for their wedding night.
The rents are expected to be around $700 for a one-bedroom unit.
Its largest concentration will be large one-bedroom units in the $275,000 price range.
