It's Micro Week at Curbed. Which means the housing and real estate publications is taking a look at tiny apartments on the market at a gargantuan price, micro-houses, and everything in between. Staying true this theme, real estate appraiser, Curbed graph guru, blogger, and podcaster Jonathan Miller thats a look at the prevalence of micro apartments in Manhattan. For his piece, he ranks the Manhattan neighborhoods by the average square footage of their studio apartments based on all the closed sales of 2014. The results? If you want a surplus of small apartments, look to uptown.
The smallest apartments reside in Morningside heights, Upper East Side, Harlem, and Inwood—where the average apartment clocks in at under 500 square feet. By contrast, the downtown areas of SoHo, Tribeca, Battery Park City, and the Financial District host larger studios, because this was formerly an industrial area converted to a residential one. Read More