The Real Deal New York

By the numbers: Sizing up NYC’s micro-units

The Sony Building’s planned $150M penthouse would fit 72 micro-units
By Eileen AJ Connelly | April 24, 2015 10:30AM

From the April issue: Construction of the 64 modules that will make up Monadnock Development’s “My Micro NY” complex in Kips Bay is in full swing. The micro-unit movement in part reflects rising housing costs, but is also being driven by the increasing number of people living alone. Census data shows at least 21 percent of households are single adults. In New York, more than half of all adults were single as of 2013. This month, TRD sizes up the city’s micro-units. [more]