NYC's 300sf Modular Studios

An old parking lot just off the FDR Drive is New York City's latest urban infill project and its far from the ordinary development.  Monadnock Development out of NYC along with local design firm nArchitects has designed a 55-unit micro unit building made up entirely of studios between 250 and 350sf in size.  Construction of Carmel Place is nearing completion and leasing of the studio units has started with prices ranging from $2,400 all the way to fully furnished units at $2,900 per month.

Zoning:
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While the current project went through an extensive public debate to receive the requisite variances, city officials are looking hard at creating a place in the zoning code for micro-units of this size, largely banned in The City since a new zoning code was enacted in 1987.