Apartment For 21.8 Million USD, Tokyo, Japan

Many reformers, such as Upton Sinclair and Jacob Riis, pushed for reforms in tenement dwellings. As a result in 1901, New York state passed a law called the New York State Tenement House Act to improve the conditions in tenements.
More improvements followed. In 1949, President Harry S. Truman signed the Housing Act of 1949 to clean slums and reconstruct housing units for the poor.
Some significant developments in architectural design of apartment buildings came out of the 1950s and 60s. Among them were groundbreaking designs in the 860-880 Lake Shore Drive Apartments (1951), New Century Guild (1961), Marina City (1964) and Lake Point Tower (1968).
Apartment buildings are multi-story buildings where three or more residences are contained within one structure. In more urban areas, apartments close to the downtown area have the benefits of proximity to jobs and/or public transportation. However, prices per square foot are often much higher than in suburban areas.