Today on USA Today the Associated Press announced that New York City is requesting developers to design studio apartments 300 square feet or smaller.
The city believes these tiny homes could be a solution to growing population and the need for affordable housing, especially for singles and two-person households, according to the article.
The mayor, Michael Bloomberg, invited developers to transform a Manhattan lot into a building of micro apartments with kitchenettes, a bathroom, and a dual purpose living room that also serves as a bedroom with a fold-out bed.
Right now there is a requirement in this area that new apartments must be at least 400 square feet but if this is a success the rule will be changed.
The article also states, “City planners envision a future in which the young, the cash-poor and empty nesters flock to such small dwellings — each not much bigger than a dorm room. In a pricey real estate market where about one-third of renter households spend more than half their income on rent, it could make housing more affordable.”