Carmel Place

  • Big Apple Goes Super Tiny: Micro-Unit Development in Manhattan Lands $10.3 M Construction Loan

    It took more than one year to get this project going but the Big Apple is finally getting its first ever micro-apartment building developed on city-owned land. As previously reported by Multi-Housing News Online, in early 2013 Monadnock Development LLC, Actors Fund Housing Development Corporation and nARCHITECTS were selected as the winning team of the “adapt NYC” Competition, a city-sponsored pilot program that looked for innovative designs to solve New York’s housing crisis.

    New York 08 April 2014 14:14

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