NEW YORK CITY-The Tunnel Garage in SoHo has been converted into an apartment building, which will open in September for rent rates starting at $6,500 per month. This nine-story apartment building made of cast concrete and glass is located at Thompson and Broome streets.

The apartments have one-bedroom and two-bedroom units measuring 1,000 square feet and 1,500 square feet, respectively. The asking rent for the two-bedroom units will start at $12,000 per month while the two three-bedroom apartments cost $18,000 per month. For the full story, go to Wall Street Journal.

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