2015-10-08wsj.com

``While the city's only other prominent project advertising its apartments as "micro" will offer only studios, the Queens units will have two or three bedrooms. "Our concept is we can offer really high-quality public amenity space, and better value with smaller private spaces, and bring the rental cost down," said Sheldon Stein, managing principal ... After the city competition under Mr. Bloomberg, micro-unit construction stalled in New York City. One reason, Mr. Fogarty explained, was that city zoning rules largely don't allow new apartments under 400 square feet, a rule waived for the 2012 competition. His units meet the code.''



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