Peekskill was able to convert its space so inexpensively that rents run about $2 a square foot.
In 1941, rents ran from $8.25 a month for a one bedroom apartment to $22.00 a month for a three bedroom.
The rent has been increasing by 5 percent a year and currently runs $18,000 a month, Mr. Pearsall said.
But his rent and utilities run $600 a month.
The highest rents run about $150 a month.
The monthly rent for our offices, when fully occupied, will run about $700 per employee.
When available, rents run from about $600 for a studio to $850 for a one-bedroom apartment, he said.
Full-service rents run from $35 to the high $40's.
Monthly rents should run from $450 to $480.
Those rents generally run from $3,000 to $6,000 a month.