The mega-renovation of the once seamy Cecil will not only bring a boutiquey hotel to the building but also just over 300 micro units. The residential portion will include lots of shared amenities for the small apartments.
The Cecil, known as a hideaway for murderers and the destitute, was purchased for $30 million in 2014, and has now been leased to a fancy New York developer who's planning hip rentals and hotel rooms.