NYC mayor launches contest for development of tiny apartments for singles
Washington, July 10 (ANI): New York City Mayor Michael Bloomberg has launched a contest to seek a developer for the development of teeny-tiny apartments, called micro units, for singles.
According to New York Daily News, the new closet-like flats will be just 275 to 300 square feet, larger than a jail cell, but smaller than a mobile home.
"The city's demographics have changed. It used to be the average household was a family, a couple of adults and some children," Bloomberg said.
At a news conference, Bloomberg announced a contest seeking a developer for about 80 micro units at a city-owned parking lot.
The mini studios will just have a bathroom, kitchen and sleeping and dining areas.
Real estate experts said young college grads would snap up the apartments - but it all depends on the price tag, which city officials said would be less than $2,000 a month. (ANI)
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