The Providence Arcade is nearly 2 centuries old, but when Evan Granoff bought it was considered one of the city’s most endangered properties. Realizing that the demand for commercial space would never match that for downtown housing, Granoff decided to convert the upper floors of the country's first indoor mall into tiny loft apartments.
At just 225 square feet, the smallest units would have fallen below the city’s minimum size standard for apartments so Granoff decided to classify his micro-lofts as a rooming house. The Providence rooming house code allows for rooms as small as 80 square feet (single occupancy), as long as they don’t have a cooking facility. Fortunately, for Granoff and tenants, a microwave is not considered a cooking device.
The tiniest units rent for $550 per month, almost half the city average, and all of them rented out almost immediately (there’s now a waiting list). Many of the tenants don’t spend a lot of time at home.
She Lives In The Oldest Mall In America After 48 Abandoned Shops Are Transformed Into Homes Reviewed by Paul on 11:25 PM Rating: