A similar apartment, she said, would rent for about $2,500.
About 27 percent of the apartments already rent at the market rate.
The apartments would rent for less than $700 a month.
The apartments will rent, on average, for $350 a month.
Its apartments will have 500 to 1,300 square feet and rent for $2,750 to $4,500 a month.
At $40 a square foot, a 750-square-foot apartment in the middle of the building would rent for about $2,500 a month.
The apartments typically rent for $650 a month, he said.
An average 1,000-square-foot apartment will rent for $1,300 to $1,500 a month, he said.
Just a month ago, she complained, the apartment rented for half that much.
This assumes that the apartment would rent for about $800 a month.
