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In the past, intelligently designed living spaces may have been looked upon as novelties, yet as metropolitan areas around the world become increasingly dense, the reality of micro-apartments becomes evident. One particularly remarkable 420-square-foot dwelling in New York City has been generating some buzz around its extremely effective use of space, thanks to the clever application of folding beds, sliding walls and stow-able furniture. The studio apartment can be converted to accommodate dinner for 10, room for two guests to sleep over, a workspace, and more, while offering a clean and contemporary interior. Check out the apartment listing here.