POLL: Would You Apply for an ‘Affordable’ $1,500/Month Studio in My Micro NY?

Posted On Wed, September 2, 2015 By

Posted On Wed, September 2, 2015 By In affordable housing, Polls, real estate trends

Yesterday, we reported that My Micro NY, the city’s first micro apartment complex, was accepting applications for its affordable units, which account for 22 of the building’s 55 studios. Located at 335 East 27th Street on the border of Gramercy and Kips Bay, the building has units that range in size from 260 to 360 square feet. One person earning between $34,526 and $48,350, or two people making between $34,526 and $55,250, qualify for a $950/month studio. And one person making between $53,109 and $78,650, or two people earning between $53,109 and $89,830, qualify for slightly larger $1,492/month studios. Hmm… is this really affordable, especially considering the tiny footprint of these micro dwellings? Tell us what you think and if you’d get in on the action.

Renderings via nARCHITECTS

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Neighborhoods : Gramercy Park



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