Woman Lives in 90-Square-Foot New York Apartment

Watch your knees in the bathroom ... careful you don't knock down those towering shelves ... and don't bang your head on the ceiling in the loft! Those are words to live by for New Yorker Felice Cohen, who lives in a 90-square-foot apartment. (That's her in her loft bed at left.)

That's right, it's just 12 feet long by 7 feet wide. But she's happy with this small apartment for two reasons: location and price.

It's in the heart of the desirable Upper West side, and she pays just $700 a month.