In the end, the wonder of the LifeEdited apartment isn't that Graham is living in 420 square feet; lots of people do that. The real wonder is that he is living with a level of comfort and style that usually takes three times that area. He is able to do things that most people have houses for. In a hundred year old new york tenement he is living in a capsule of modernity, with good air, controlled light and noise, a place to hang his bike and store his kite, to entertain and to have overnight guests without a stretch.
What is shown here is not for everyone, but there are lessons that can be shared with anyone, no matter what their budget. Graham is on to something, and this small apartment is going to be big.
More at a LifeEdited and look at the pictures in the New York Times.