"Maybe it's the urban dwelling of the future: studio apartments measuring no more than 300 square feet. New York City planners believe the tiny units could be the answer to a growing population of singles and two-person households. And in a nation that's becoming increasingly populous and increasingly urbanized — and where people more frequently are creating a family of one — such downsizing may not stop here. Mayor Michael Bloomberg on Monday invited developers to propose ways to turn a Manhattan lot into an apartment building filled mostly with what officials are calling "micro-units" — dwellings complete with a bathroom, built-in kitchenette and enough space for a careful planner to use a fold-out bed as both sleeping space and living room." - SteVe C from Bookmarklet

We had 4 of us in a 525sf apt. It was cramped when it was just me and Adrian. This sounds like overpriced dorm living. I suppose if you're never at home and rarely entertain, it could be ideal. - Anika

Works out better for landlords too, since people (probably) won't live in those long-term. They can raise rents with every new tenant. - Andrew C (✓)