(Photo courtesy Hannah Peele)
The plastification of the University Apartments has begun in earnest, as the new window next to old windows above shows. The windows appear to be de rigeur inoperable, fake muntined, white vinyl. I'm not particularly 'worried' about the installation of carpet in these apartments - it's a mistake easily undone. This is not.
Beyond the sustainability, aesthetics, etc. - why businesspeople want to cheapen the value of their asset is beyond me. Replacing windows that would easily last another 70 years with ones that will fall apart in 15 while diminishing the attractiveness of your apartments speaks to a business which must use a one-size-fits-all pro forma for all of their properties. As long as you make your target return, don't go shakin' it up to do things a better, and ultimately more profitable way. Put another way - going for the win, rather than the win-win-win.
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