http://therealdeal.com/blog/2015/07/16/co-living-startup-common-raises-7-3m-in-series-a/I am interested in seeing how successful this model works in Crown Heights.It really serves young people who are fresh out of college well. I believe the units come with basic furnishings, so one only needs their own clothing and laptop.Another benefit: Potential dating pool lives within building.
Articles that I'm seeing from July indicate that the location(s) is/are TBD.
I think I might last a week:
"Common will open its first dwelling at an as-yet-unannounced address in Crown Heights in mid-October, Hargreaves said. Residents will pay between $1,500 to $2,200 a month for one of its 19 private furnished bedrooms, which are grouped into suites and conjoined by shared kitchens, bathrooms, and living areas, plus a common area for the entire building.
The company doesn’t actually own the buildings — investors are buying them and leasing them back to the company — but will act as landlord and den mother — buying the toilet paper, taking care of all the gas and power bills, cleaning, and organizing social activities like Sunday-night potluck dinners."
“They can really open up, they can become vulnerable, they can really share themselves, and in doing so you create an environment where others can do the same and a really magical experience emerges,”
I have never seen an SRO described as a place to have magical experiences.
This sounds like it is going to attract people who want to make up for lost childhoods by bonding, sharing and caring.
The family and mother they never had.
It sounds like the founder will be disappointed if normal people show up, who -say- just want some place to sleep while they look for their own apt.
@pragmaticguy -Like shelters, it seems one can also create dorms without getting special permissions.http://www.brownstoner.com/blog/2015/10/lich-controversy-continues-as-fortis-proposes-student-dorms-for-site/Dorms can be very profitable. ...their parents have money.
As I said in a previous post and the article linked to above states, these building are now becoming boarding houses which are governed by different rules than regular apartments not to mention they are insured differently. I'm wondering if the city will have to issue permits for this kind of use in buildings where the certificate of occupancy does not specifically state these buildings are suitable for SRO.
the city is asking those same questions
It is now possible to safely live in New York without much common sense, so I don't know how much of a problem that poses.Google maps, along with subway shower curtains, help newbies quickly adapt.http://www.amazon.com/York-City-Subway-Shower-Curtain/dp/B002V91SZE