Remodeling was conducted gradually, as short-term tenants moved out.
These short-term tenants include T-shirt shops, a bonsai shop and a poster gallery.
Many are also prohibited from taking short-term tenants.
Of the building's 300 apartments, 170 are being marketed to short-term tenants as furnished rentals, available for a month or more.
As a result, landlords are on their own to find - and screen - short-term tenants.
Often, spaces in the lower mall are leased by short-term and seasonal tenants.
He said two other short-term tenants moved in, paying successively lower rents, and the apartment is now leased at $1,500 a month.
Because the Nets will be viewed as relatively short-term tenants, attendance could dip further.
The studio at the Mondrian came with a short-term tenant, paying $1,800 a month.
Some investors have adopted specialized marketing techniques, seeking short-term tenants or offering fashionable furnishings.