Could be both. Here in NYC you can find a lot of tenement housing going for exorbitant prices - originally built on the cheap for the poorest of the poor. It'

Could be both. Here in NYC you can find a lot of tenement housing going for exorbitant prices - originally built on the cheap for the poorest of the poor. It's why some $3500 apartments have showers in the kitchen - saves on running more pipe.