How NYC’s Micro-Units Will Push Rental Prices Even Higher [Headlines]
Will the smaller apartments enable more single people to live alone, or will the cost be too high?
Last week, Mayor Bloomberg announced adAPT NYC, a competition to design an efficient 300 sq.ft. apartment; if the plan catches on and zoning regulations are changed to accommodate the smaller sizes, landlords will be able to continue charging exorbitant rates while apartments will get smaller and smaller. Guardian