Link to The Guardian |
"In an attempt to address the city's housing
problems, New York City mayor Michael Bloomberg has launched a challenge for developers to
transform a lot in the city into a building that will devote at least
two thirds of its space to apartments measuring no more than 300 sq ft.
"Bloomberg boasted in a news conference that his first New York City flat was
roughly 600 sq ft and cost between $120 and $140 each month. 'I would
have taken a smaller one, if I could possibly have found it,' he said."
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