So The Daily News recently published an article about Mayor Bloomberg trying to make more affordable housing for single people to live in the city. Basically, the article says that even though there is a rule that says all new apartments must be built larger than 400 sq. feet, he plans to have architects draw up plans for 275-300 sq. foot apartments, which will cost less then $2,000 per month, therefore allowing for "affordable" housing in Manhattan. While I think it's a great idea to promote affordable housing, our first apartment was a 1-bedroom, about 400-450 square feet and we paid less than $2000. So IMHO, these apartments should be under $1,500. Even if you have a reasonably* well paying job, yet an NYC dweller would still struggle to pay that rent on their own.
Here is a layout of the apartment:
One of my girlfriends had an apartment similar to this on the UWS, and hers was just a "normal" studio, not a microstudio. It was laid out almost EXACTLY the same, but it was plenty big enough for her to live there by herself. I think she paid around $1,300 when she lived there a few years ago, so maybe it would be around $1,600 or $1,700 now.
So Mayor Bloomberg, if you're reading this, these better be top notch microstudios to make me feel like you aren't just darting around the new "must make all apartments bigger than 400 sq. feet" rule that has recently just been put in place.
*which ANYWHERE outside of NYC would be at least $45,000.