So far, all of the Private Spaces are priced at about $1 per square foot. I say about because we round up or down to the nearest $5. And in fact, we will be measuring them more carefully because they are not exactly the size of the plans.

I am considering the two large spaces in the very front of the upstairs as one 2 room suite of about 1024 square feet, and going for perhaps $2 per square foot. If we get someone interested, this will be the price. If not, we will look at other pricing or breaking it up into two spaces or even chopping it up like we did across from the kitchen area into very small spaces.

It's all about what people want. We may only have one chance to offer something special like the suite. If no one wants it, we'll of course look for another use for the space.

Also, we will be getting the 834 square foot room next to the textiles lab and the 211 square foot room across from the computer classroom and will be looking for how to use those as well. I am already assuming we will break the 800 square foot one up into smaller rooms. That is why I am asking what size rooms you would like. So we know what size rooms to plan for there.

there's really no rush for any of this other than if you want a room soon, you would want to get your name on the waiting list soon.

The other three spaces will not be available for a month or two.

Scott

Just so I am really clear on this: In my past experience with space leases the quoted per sq ft rate was based on a year. Thus a 500 sq ft space renting at $1.00/sq ft would cost $500.00 /yr or $41.66 per month. Is that how you are calculating the cost? What "perks" and/or additional costs are included with rental agreement such as access to TS equipment, utilities, common area costs, taxes, insurance, security, etc? Sorry to ask such basic questions, but I don't like surprises, so I ask questions in advance.

I seem to be the offender, a totally unintended faux pas!
That now makes a lot more sense to me, sounded like an awfully cheap giveaway of space!
I only became aware of TS after TSD was already closed and being moved to TSRDU, so I have no knowlege of "what was done previously" or "common knowlege" information, only what I can find here or my previous experiences. My previous experiences with per ft rental were with renting my business space for a contracted period (typically 1, 3, or 5 years), and a long time ago when I was president of Buffalo Craftsmen Inc. a NFP professional organization, where we rented our gallery space from another NFP art oriented co-op organization (that had been granted the building), for a very inexpensive price. I only briefly looked at renting co-op studio space from Art Space in Raleigh. Both of those situations had a lot of qualification requirements and add ons.
I always tell my students and newbees on other forums I frequent that my philosophy is the only "stupid" question is the one you have and DON'T ask. If you have a question, it's likely others have a similar one, and by publicly asking it and having it publicly answered, everyone learns the answer.
I will try to be more diplomatic in the future. Please forgive me awhile.

Aside: DMAN! this is the second time I wrote this. I hate when I spend the time and my message goes POOF! into cyberspace when I hit the post button! (It happens way too frequently on other forums as well). I don't blame TS, I blame Al Gore, he should have invented a more stable internet! LOL!

The basic message here is that there has been some confusion and that I need to clear it up in future postings or communications. Will do. Promise.

But with that said, I'm surprised to hear you say that mcsantelli. You have never heard me talk about annual terms on our spaces and never seemed confused when we were talking about the rates for your room. Every single conversation we had was based around monthly rates.

The key here that both you and Golden1 seem to be missing is that we are not leasing commercial spaces annually, we are renting private spaces to members monthly. We simply do not have any annual leases or rentals so there are no annual prices.

The rates you saw last year on Craig's list were monthly. We had priced our spaces by following the lead of TechShop in CA. Laugh if you like, but they had one 10 x 10 space renting for $1000 a month with a 25 person waiting list. We thought we could do the same. It's why we put in 22 rental spaces and priced them the way we did. We found out we could not rent them for that. We started at $6, $8 and $10 per sf per month depending on the location in the building. After that proved to not work we dropped the prices. At $2 per sf per month we started to fill some of them up. Interestingly enough, the largest rooms are the ones that rented first at that rate.

This has all been a learning process and it is not over yet. This conversation has certainly taught me that I need to use the word monthly in any pricing quotes I make about our rental spaces from now to the end of time. I don't ever want to go through this again. (:^) But of course, I will if it becomes necessary. It goes with the territory as they say.

So thank you both for pointing out the possibility for misunderstanding our pricing schedule. I'll try not to let it happen again.

Now, I guess it would be appropriate to send everyone back to the first post at the top of the page, because we seem to have gotten away from the primary reason for the thread. If anyone wants to be put on the waiting list for our monthly priced rental spaces, or has an interest in our larger suites, please let me know.

Thanks,

Scott