Sublet It Be: Broderick Tower's 24th Floor Admits It Overshot the Ask

Curbed Detroit

Oops, says an apartment on the 24th floor of the Broderick Tower. After finding itself unable to sublet itself out at $2,195 for 1,037ft², the ask is now $1,995. So that is $200 cheaper a month to enjoy the views in your own private corporate extended stay-style Marriott pad. More importantly, is Detroit's $2/ft² downtown rental rate a myth? We're now at $1.92/ft² for this apartment, if it goes lower downtown developers might just have to let those old folks stay after all. The apartment resident writes the tipline, "I don't disagree I swung too high at $2,195" but further explains that the Broderick passed along an 11% price increase this year. Did the management make the $2/ft² hype or do they just believe in The Detroit News, against all odds?

· $2195 / 2br - 1037ft² [Craigslist]

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