It’s Valentine’s Day, a time for dwelling on things cozy with your special someone. But in this case I’m referring to cozy not as in romance but as in small and snug, like an umbrella that scarcely covers or a recreational vehicle bathroom with the shower head above the toilet. I’m talking cozy as in compact.
Personal economics define affordability and the confines of day-to-day living. Snug to one, is comfortable to another. A family in Seldovia, Alaska, for example, spends their Life in the Yurt, which is a circular, lattice-lined shelter. And then there’s 25 year old Zach Motl, a designer who finds life can be A Roomy 178 Square Feet in his Brooklyn, NY studio apartment.
It used to be that an executive suite was where a CEO and other top management held forth. The suite comprised not one but several large, swank, high powered, and well appointed offices.
But not anymore. Nowadays, an executive suite is an office within an office. The actual workspace is small. Want a window? That’s extra. Want claustrophobia? That’s included at no extra charge.
Not long ago, I had lunch with a lawyer who occupies an office smaller than that of Zach Motl’s 178 sq. ft. studio. It’s an executive suite. There’s a conference room, someone to answer the phone, and a coffee-maker in a common area break room.
Clueless commercial absurdity.
Searching for office space last summer, I laughed and shook my head at the clueless absurdity of commercial landlords asking as much as $7 and $8 per square feet for office space. Reality is hard to take.
According to one report, commercial property values have fallen 40% in the last 3 years. Bailout panel cites commercial real estate danger | Phoenix New. Some think the market has yet to hit bottom. Maybe, this year? Commercial property market to hit bottom in 2010, report says …
Somewhere between the parameters of the absurd and the ridiculous, lessors will belatedly accept the half-a-loaf vs. no-loaf philosophy. Asking prices will fall to earth. But by then, those that have downsized and adjusted to cozier spaces may no longer care.
“My desk at uni,” by Fiona Henderson at Flickr via Creative Commons-license requiring attribution.