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Mayor Bloomberg’s Next Idea: The Mini-Apartment

Via Reuters:
Could apartments in New York City get any smaller? Mayor Michael Bloomberg hopes so. On Monday he announced a competition for architects to submit designs for apartments measuring just 275 to 300 square feet (25.5 to 28 square meters) to address the shortage of homes suitable and affordable for the city’s growing population of one- and two-person households. “People from all over the world want to live in New York City, and we must develop a new, scalable housing model that is safe, affordable and innovative to meet their needs,” the mayor said in a statement announcing the “adAPT NYC” competition. Bloomberg said the city plans to waive zoning requirements at a city-owned lot in the Kips Bay neighborhood of Manhattan to allow the construction of a building filled with the “micro-units.”. . .

If the mayor really wants to address the market for apartments in NYC, a hard look a the rent stabilization and rent control laws is needed, too. Not just a relaxation of zoning laws to provide for these tiny units. - Greg Pollowitz

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