San Francisco hops on micro-unit train: VIDEO

New York /
Sep.September 25, 2012 02:00 PM

Though New York City is following San Francisco’s footsteps in its tech start-up focus, the Bloomberg administration has the lead on the micro-unit front. The City by the Bay’s Board of Supervisors will vote on whether to allow allow for the development of units as small as 220 square feet, CNBC reported (see video above).

San Francisco is one-upping New York in just how small those units will be. The Kips Bay micro-units — whose development attracted the interest of several high-profile developers — would measure between 275 to 300 square feet.

The West Coast micro-units would include a living room, kitchen, bathroom and closet. The living room alone would need to be 150 square feet. Rents would come between $1,200 to $1,700 a month — less than the city’s average, which tops $2,000 per month.

Plan supporters say micro-units would be good for the reported 41 percent of San Francisco residents who live alone, whereas opponents say it would drive families out of the city. [CNBC]


Related Articles

arrow_forward_ios
“Fourplexes everywhere”: San Francisco citywide upzoning advances
“Fourplexes everywhere”: San Francisco citywide upzoning advances
“Fourplexes everywhere”: San Francisco citywide upzoning advances
Oceanwide’s LA tab grows to $2.3B
Oceanwide’s LA tab grows to $2.3B
Oceanwide’s LA tab grows to $2.3B
Creditors seize Oceanwide’s flagship SF project
Creditors seize Oceanwide’s flagship SF project
Creditors seize Oceanwide’s flagship SF project
Brookfield kicks off review process for $2B Stonestown Galleria mall redevelopment
Brookfield kicks off review process for $2B Stonestown Galleria mall redevelopment
Brookfield kicks off review process for $2B Stonestown Galleria mall redevelopment
Bungalow CEO Andrew Collins (Bungalow, iStock)
Eyeing Sun Belt expansion, shared-living startup Bungalow raises $75M Series C
Eyeing Sun Belt expansion, shared-living startup Bungalow raises $75M Series C
(Getty)
NYC overtakes San Francisco as most expensive city for renters: report
NYC overtakes San Francisco as most expensive city for renters: report
LA, Boston lead office recovery as Chicago and SF lag: report
LA, Boston lead office recovery as Chicago and SF lag: report
LA, Boston lead office recovery as Chicago and SF lag: report
Paramount Group lost $16 million last quarter
Paramount Group posts $16M quarterly loss
Paramount Group posts $16M quarterly loss
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...