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Smaller does not necessarily mean cheaper as you will see incredibly ornate decorative concrete curbing New Jersey in front of a very modestly sized apartment. These apartments run just as much as many luxury apartments, but are a fraction of the size. Many wonder if those who can afford such rents will actually want to and/or tolerate living in spaces that are sometimes no bigger than 400 square feet, but still costs thousands of dollars a month to rent.
Chelsea apartments are quite costly, but it is also a very nice and attractive area to live in. It seems as though it will be places like this where these smaller apartments are going to be located. Points are definitely scored for these apartments if location is important to the apartment-dweller.
The interesting thing about these apartments, what makes developers think that there is a market for such a type of housing, is that they make incredibly efficient use of all available space which means they do not feel nearly as small as they actually are. Space is often sorely mis- or underutilized.
A few such developments already exist with tenants happily filling up units and paying the rents. Many people from Manhattan are already used to living in smaller places than people from the rest of the nation. An even smaller, but more efficiently designed, apartment is not nearly as much of a life change as it might be for those from elsewhere. Many who live in these apartments note that they feel more privacy and do not feel cramped or unable to “live” within the smaller space allotted to them.
Whether or not this development of micro-apartments will be a success or not is yet to be seen. However, it is not outlandish to think that city dwellers who wish to live in certain, more exclusive areas, would be willing to sacrifice a bit of space, even if means paying the same amount of rent as a large unit.
When smartly designed, micro does not have to be synonymous with cramped. Many apartments, condos and even houses make incredibly inefficient use of the space made available to them. When building a micro-apartment, one does not have the luxury of wasting space, which means more thought is put into design, perhaps creating a better living environment, even with smaller amount of space to work with.
Image Credit: kenny_lex
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