Speaking about living in a shoebox! Felice Cohen lives in a studio apartment that measures 12 feet by 7 feet. When faced with the old urban dilemma – space vs. location – she clearly chose location. This beautiful Upper West Side neighborhood is enviable for many. By settling for a tiny 90 sq ft studio, Felice managed to afford it on a budget of $700 (whereas the usual monthly rent for a studio here comes up to $3,600). Check out the video below to see the tricks she used to make the place not only livable but even charming and cozy.