as stars burn wrote:I'm probably going to be living in Tailor Lofts my first year. I'm in need of a furnished apartment for the first year until my fiance can re-located to Chicago when he lands a job. We currently just have one set of furniture that would be impossible to fill two apartments, so it's much easier for me to just find something furnished for right now. I'm not too keen on $1400-$15,500 rent for a 500sq.ft. studio, but it's furnished, all utilities are included, and I can walk to campus (will hardly pay anything for gas) so the perks add up. We're NOT taking out COL loans (we're living entirely on my fiance's income and our hefty savings that we've managed to save--my fiance will be paying for mine and his rent until he can move--this is definitely going to be around $2,000) I've spoken to a few students who live there and they seem to like it quite a bit. We'll definitely move to something more reasonable once my fiance moves up but for now it's really difficult for me to find a furnished apartment in a good area over there.
I can absolutely see why this might be a great option for some people, especially with your need of furniture. I have just the opposite problem: I need someplace big enough for my furniture. I just wanted to point out just a few reasons why I have decided against Tailor Lofts... not to discourage anyone, but just in case some people haven't thought about these things...
The amount you will pay for a studio there is 200-400 dollars more than other, bigger places
The utilities are paid, but there is a "Green Cap." This is a limit on how much Tailor Lofts will pay toward the bill, and any leftover is billed to the residents... they do not specify what the actual amount is
The building is under construction, so people cannot move until two days before orientation on the 14th. However, you are still required to pay a full month's rent
Although I would prefer to walk to school, the CTA U-Pass is included in student fees so all students will be able to ride the train without paying a daily fare. You cannot opt out of this fee. So if you decide live further out, you wouldn't have to pay for gas to get to school
Again, I can totally see why this wouldn't matter to some people. Tailor Lofts may still prove to be the best option for some. I just wanted to add my .02