Turning a Tiny Apartment in NYC into a Palace [VIDEO]

The guy in this video definitely knows how to save and utilize space. He customized his 500 sq. ft. apartment in East Village in New York City and turned it into a castle. He has great ideas and I like how he recycled an old cooking pot and turned it into the bathroom sink. I also really like all the hidden-storage aspects of the apartment, especially in the kitchen. I was very impressed. Could you live in an apartment this small?