Ollie micro-apartments target renters with “all-inclusive living experience”

Monadnock Development has broken new ground with “micro-apartments,” some of which are about half the size of an average studio in Manhattan. New York City waived its 400-square-foot minimum requirement for Caramel Place, which has been designed in an attempt to address the shortage of urban housing. Among other amenities designed to meet the needs of renters, professional maid service is included in the rent.

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