New York City has a significant number of undersized rental units, with 43.3% of planned rentals designated as micro units. This trend is attributed to developers responding to housing shortages by focusing on smaller living spaces. Queens, particularly Long Island City, is witnessing a rise in micro unit developments centered around transit access and employment opportunities, appealing to renters prioritizing affordability and location. Micro units, ranging from 110 to 406 square feet, represent approximately 6.5% of all rentals in the city and aim to alleviate high rental costs while increasing available housing.
New York City ranks among the top major cities in the United States in the number of rental units that are undersized, with micro units making up 43.3% of planned rentals.
Many renters care more about affordability, location, and independence rather than square footage, pushing developers to focus on smaller units for the housing market.
Micro units in New York City, defined as 110 to 406 square feet, aim to alleviate high rental costs while providing more housing opportunities for residents.
Queens neighborhoods like Long Island City are seeing micro unit developments due to their proximity to transit and employment, catering to single tenants and young professionals.
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