But Is There Any Way You'd Pay $700 A Month To Live There?

NEW YORK (CBSNewYork) — For those who live in New York City, the crowds and limited real estate can sometimes leave residents craving a little more personal space.  That’s clearly not the case for one Manhattan woman who calls a 90-square-foot apartment home.

Artist, writer and professional organizer Felice Cohen lives in the tiny dwelling overlooking Central Park and pays $700 per month in rent.  She said she wanted to live in Manhattan, but didn’t want to spend a lot of money to do it.

READ MORE: Sorokin, Nelson Lead Islanders To Win Over Coyotes

On her first night in the apartment, Cohen said she suffered a panic attack because of the limited space between her elevated bed and the ceiling.  Eventually her friend, who Cohen had stay with her for fear of falling off the bed, got her to calm down. She hasn’t suffered another attack since.

Cohen, who said she spends most of her time in the apartment at her desk and writing, admits there was “some compromise” when deciding to live in the cramped space, but said “it’s worth it.”

READ MORE: DeAngelo Leads Hurricanes To Win Over Rangers

“I look out my window and it’s New York City,” Cohen said. “I mean, that’s my backyard.”

Cohen said she initially planned to live in the apartment for one year, but loved the “quiet, cozy little space” so much, she’s been there for three.

MORE NEWS: New York Weather: CBS2’s 1/22 Saturday Morning Forecast

SOUND-OFF: Would you live in such a small space in exchange for paying $700 rent? Let us know in the comments section…