You’re paying for the location! There’s several restaurants, bars, and night clubs. Everything is at walking distance. The loft itself is small and has an odd layout. You have to climb a ladder to reach the beds so this property is not elderly or handicap friendly. The bathroom is not closed off. It’s more of a bathroom stall. Lastly, we weren’t able to get the heater to work but the cold wasn’t unbearable. I’d stay here again.