Elastic Living Luxury Apartment Rentals - Is It for You?

Irwin Weiner ASID - There's a groundswell of enthusiasm for "elastic living." By that we mean apartment, condo, and hotel-like buildings that offer short-term or longer-term accommodations, fully furnished, with complete-package amenities (maid service, room service, gym, pool, concierge).

Your small or large suites are bigger than what you'd find at a hotel, they're decorated as they would be for a luxury apartment or house (albeit "staged" and missing that interior design stamp of the owner's personality), and they have generous kitchens. The result: you're living in a luxury condo that mimics an intimate boutique hotel.

Corporations and individuals who travel and work a lot find elastic living properties to be the height of convenience; think an actor working for several months on location shooting a movie or TV show on location away from home or a busy executive who has an extended project away from her home office. AKA Luxury Furnished Suites is one such provider in multiple cities (e.g., Beverly Hills, NYC, Philadelphia), and the view of a terrace in their Central Park location (see top photo) shows the allure and fantasy of a fully-furnished luxe accommodation, which they cleverly refer to as a "Pied-À-Terre On Demand."

The following video interviews people who live in these elastic living rentals - and don't you think they would be ideal situations for families who are decorating their homes and have to move out for a period of time while their demolition, renovation, and interior design projects are in full swing?

Bonus

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Comments

[Penthouse Apartment]

I actually really loved the design very much! Such elegant and luxurious apartment it is. I wonder if is this purely for rent or also for sale? I think there were penthouse apartment in this place, right? Correct me if I'm wrong 'coz it looks like I've seen a penthouse apartment. How much would this cost maybe?