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Carmel Place (formerly known as My Micro NY), the city’s much-talked-about first micro apartment complex, began accepting applications for its affordable studios back in September. And now, a press release from developer Monadnock has announced that listings for 12 of the market-rate units will go live today in anticipation of the February opening date. Along with the launch comes news of Ollie, “an innovative housing model that delivers an all-inclusive living experience.” — 6sqft
There will be 55 micro studios; 22 of which will be affordable and priced at $950 and $1,500, while the rest are going for $2,540 a month. Mind you, units average only 300 square feet. View full entry
The trend toward living in less square footage isn't just about battling rent hikes: in Orange County, the able-bodied and financially resourceful are choosing to habitate (and sometimes co-habitate) in so-called micro or mini-apartments. Although the definition varies, anything below 500 square... View full entry
