New York City's Kips Bay Makes Most of Big, Small Spaces

The Wall Street Journal

GABBY WARSHAWER
May 3, 2013

Kips Bay isn't a development hotbed, but the Manhattan neighborhood in the East 20s and 30s will soon be home to one of the higher-profile new apartment buildings in the city.

The project will comprise 55 "micro-units," or apartments smaller than the 400-square-foot minimum usually mandated by the city housing code. While some in the community are critical of aspects of the development, it will be constructed on a city-owned parcel on East 27th Street selected, in part, for reasons that make Kips Bay attractive to many of its residents.

http://online.wsj.com/article/SB10001424127887323528404578453590579428924.html


Amjad Pervez Amjad Pervez
Licensed Associate Real Estate Broker