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Micro Apartments, the Next Big Thing for New York?

In a recent Press Release, mayor Bloomberg announced that the city will be getting its first micro-unit apartment- "My Micro NY" in Manhattan. A consortium of developers - Monadnock Development, Actors Fund Housing Development Corporation and nARCHITECTS will be developing a 55 unit micro apartment building at 335 East 27 Street in Manhattan.

Russell Simmons Sells East Hampton Estate for $7 Million

Russell Simmons, the hip hop mogul, has sold his East Hampton estate for its full $6.995 million asking price, according to the New York Post.

Some Bronx Tenants Seek Rent Abatement after Not Having Gas

Tenants of a Mount Eden apartment building in the Bronx, New York endured seven months without cooking gas and are now suing for rent abatement, according to the New York Daily News.
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