Another example of small studio of about 400 sq ft in Chelsea, completely cluttered  and obstructed views by a kitchen room and bathroom right in the middle.An awful lay out for a small studio, that w opened up gain, by moving all building risers.Those are expensive type of interventions in a small space but necessary in order to achieve a modern functionality and a feeling of a way bigger space.Same idea of “the suite life” by creating corners of functionality, platform beds, walk in closet, works space, but the whole thing in a sort of open space.

Renovation costs = design and architecture fees $150k, about 1/3 of purchase price. The real price after renovation was 70% higher than original purchase price.