The city will be putting out more requests for proposals for micro-apartment sites, the New York Observer reported.
“We are considering RFPs for two or three micro-unit developments later this year,” a Department of Housing Preservation and Development spokesman told The Observer after a lunch hosted by the Citizens Housing Planning Council Thursday.
“We’re in the process of vetting a number of city-owned sites, and RFP guidelines will be tailored to the chosen sites.”
The announcement comes a few months after Monadnock Development, Actors Fund Housing Development Corporation and nARCHITECTS won the city’s adAPT NYC contest and were selected to build micro-apartments at a city-owned site in Kips Bay.
The 10-story complex, located at 335 East 27th Street, will feature 55 apartments – 40 percent of them affordable — ranging in size from 250 to 370 square feet.
Real estate insiders have been asking whether developing micro-apartments is financially feasible, as The Real Deal previously reported. [NYO]
SEE ALSO: 12 Space-Saving Items That Are Perfect For A 'Micro Apartment'
Please follow The Life on Twitter and Facebook.
Join the conversation about this story »
