As someone who lives in an actual 1900s tenement that costs twice what these do without any of the amenities, I'd be happy to live in one of those for $1000/month if they were in Lower Manhattan or West Brooklyn.

For those who value location and low cost, these would be amazing. For reference, the micro-apartment experiment we have here:

"Enter My Micro NY, the city's first micro-apartment complex, at 335 East 27th Street, with 55 units ranging from 260 to 360 square feet. The building will begin leasing studios this summer for around $2,000 to $3,000 a month"

The same price as non-microapartments in the studio-1BR range.

http://www.nytimes.com/2015/02/22/realestate/micro-apartment...