Appetite for apartments in Pittsburgh region spurs rising rental rates

Pittsburgh Business Times - October 28, 2010
By Tim Schooley

Brian Mendelsohhn didn't plan to become the first developer to rent apartments in Lawrenceville for $2,000 per month when he redeveloped a long-neglected Butler Street storefront into new commercial space topped by two lofts.

Yet, he's successfully done just that, pushing a price envelop unseen in a neighborhood with blue collar roots.

The two units, which feature generous balconies, green amenities and plenty of open space, rented quickly. They both are under long-term lease, and Mendelsohhn has started a waiting list.

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