As Abby mentioned yesterday, our mantra for small spaces is "double duty, double duty, double duty!". That's why we love any kind of ottoman that can double as a table, or chair that can turn into kitchen sink, etc. So when that double duty item is stylish too, we swoon:

The City Slicker Side Table from CB2 is sleek and modern (we love it in glossy white but it also comes in a great red that they call paprika) and can be used as a side table, clustered together to make a larger coffee table, moved around for extra seating or moved to the bedroom as a nightstand turned stool. Not that we've ever had a bathroom big enough, but we do have dreams of using it to place fresh towels or a vase of flowers on for a spa-like feel in our favorite room.