Despite the incomprehensible name, this local architecture firm seems to be on a tear - designing restaurants (Stanton Social), furniture (The Transport Series), and now buying up small apartments (655 sq/ft & 590 sq/ft) and outfitting them to be THE smallest and coolest AND greenest apartments around.

We should also add that they may be among the most expensive as well, priced at roughly $1,350 a square foot.

Smart Space is Avro Ko's new concept. They buy apartments, totally redesign them for ultimate small space living and then resell them. The pitch is good too:

With an eye towards style, space efficiency and well-being, AvroKO has developed an entire lifestyle for city living; including everything from fully stocked, climate controlled wine storage and carefully edited libraries, to touch of a button moving lofts and walls, as well as lighting that decreases bacteria, viruses, and mold.

Indeed. There is a Tempurpedic Murphy Bed, folding Dahon exercise bicycles that can be put away, a Kohler "Hatbox" toilet and an office platform that glides down from the ceiling. This is pretty far out.

We beg you to take a look yourself and tell us what you think. Would these beat out Patrick, Robert and Brandon? Would you paint the walls red? Isn't the guest room a great idea?

The two apartments are right by Washington Square Park and they are having an open house this weekend between 1:00 - 3:00 p.m. (for more information 212.343.7024 x45). (Thanks, Unbeige!) MGR