JadeNYC is a new concept in living called "Pod" living. All of the central living necessities - bathroom, kitchen, and closet - are located in a pod-like cube. JadeNYC is located in Chelsea and details, such as floorplans and color schemes, can be seen at their website.
Implications - Space is increasingly becoming a more and more lucrative commodity in the urban real estate market, so it's not surprising to see designs and innovations that make the most of a small area becoming so popular as of late. Efficiency is the name of the game when it comes to modern architecture, and this is a trend that is likely to become more and more important as the world's urban population grows.