The Bronx houseboat, measuring in at only 250-square-feet, really should have cleaned up ship and entered this contest.

Apartment Therapy's Smallest, Coolest Apartment Contest is underway for a fourth year, and below are some of the New York City entries, all under 850-square-feet. Design solutions for cramped living quarters never cease to amaze, and apparently a key factor to maximizing your minimal space is to add a sheepskin throw -- as just about every entrant has one in their apartment...