The transformation at the Hotel Lafayette is coming into view as a model unit has been finished. Rocco Termini was more than excited about showing off how far the building has come since he has begun work. Termini purchased the building in May and workers have been busy since gutting and restoring it for a mix of retail, banquet, and restaurant space on the main levels, a boutique hotel on the second floor and 115 apartments on floors three through seven.
The building's one and two-bedroom apartments will contain from 850 to 1,200 square feet of living space and feature the same finishes as the model unit. Rents will range between $895 and $1,195 per month based on unit size and location. Termini is expecting all of the units to be completed and move-in ready by May 1. Ten units are already pre-leased.