Search Result for co-living

Are co-living communities the future of NYC real estate?

By Metro New York, Thu, January 26, 2017

Photo: Bess Adler

In the 1960s, groups of hippies fled from cities to live on communes in the country. Now there’s a growing movement of communal living right here in New York City. “I feel the biggest challenge in our world today is we’re not speaking to each other,” said Ryan Fix, who started 25 communal living sites in New York City and a lab in France that studies co-living. “If we’re able to curate a group from all walks of life, this will be hugely transformative for the world.”

In the last couple of years in New York City, a system called “co-living” has taken off, with a number of companies converting office buildings and townhomes into communal living hubs where former strangers can live together, share meals, attend movie nights and do yoga side-by-side. Some real estate professionals are skeptical, while others say it’s too soon to know if co-living has a future, but it’s a model that seems to fulfill a human need an apartment listed on Craigslist could never.

READ MORE AT METRO NY…

Google Earth rendering created by CityRealty; Image depicts the massing of the proposed buildings, not the design

Crown Heights is a neighborhood undergoing rapid change, but the western area south of Eastern Parkway has remained relatively quiet and unaltered by new development. However, it appears that could soon change. As The Real Deal reports, Cornell Realty Management is hoping to rezone two parcels at 40 Crown Street and 931 Carroll Street, just one block from the Brooklyn Botanic Garden, to make way for a pair of towers that would house more than 500 residential units.

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1 Lexington Avenue, Uma Thurman

Uma Thurman’s Gramercy Park duplex went into contract in May after hitting the market for $6.25 million less than two months prior. Considering the co-op at 1 Lexington Avenue came with five bedrooms, a classically elegant look, and a coveted key to the park, it’s no shock that it actually closed for $6.61 million, more than five percent over ask, according to the Observer, and well over the $2.65 million the actress paid for it in 2006.

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When SpareRoom CEO and founder Rupert Hunt announced earlier this month that he was looking for two roommates to share his $8 million West Village apartment–both of whom would be paying just $1 a month–we knew the interest would be high. And after a “SpeedRoommating” session on the 19th, the room share service’s version of speed dating, we’ve learned that a whopping 8,795 people applied for a chance to live in the triplex loft. According to a press release, Hunt is narrowing it down to 10 lucky finalists, and he’ll be hosting them next week at house party, where he can learn more about them and see who gets along best.

More on the deal of a lifetime

Yes, you read that correctly–you can move into a luxury 3,400-square-foot West Village loft that cost $8 million and pay only $1 month. Metro brings us the deal of the century, which was posted by Rupert Hunt, Founder and CEO of SpareRoom.com, a platform that helps people find roommates and spare rooms. Hunt recently moved to NYC and is looking for two roommates to share the loft, which is located on Bleecker Street just off 7th Avenue South. Unbelievably, each of the available bedrooms has its own walk-in closet, private bathroom, and office area, as well as access to the massive, open-plan lounge/dining room/kitchen and the 1,500-square-foot roof terrace with 360-degree views and a 17-seat barbecue area. Why, you ask, is Hunt charging just a $1 in a neighborhood where rooms rent for around $1,800 (and probably much more for a giant, tricked-out apartment like this)? For starters, he doesn’t need the money, and he’s also really excited about living with roommates.

More on this insane deal and a look around the apartment

  • Here are the NYC filming locations for Luke Cage, Netflix’s new Marvel series set in Harlem. [Untapped]
  • Co-living company Ollie, who is featured at the city’s first micro-housing development Carmel Place, is now bringing their all-inclusive co-living concept to Jersey City’s Journal Square. [6sqft inbox]
  • Trader Joe’s will open in the base of Beyer Blinder Belle’s mixed-use Essex Crossing building. [Curbed]
  • Join the Neighborhood Preservation Center tomorrow evening at Webster Hall for a 1970s-themed bash with special guest Roger Earl of Foghat. [NPC]
  • Here’s where to get free tacos today! [DNAinfo]

Images: Journal Square (L); Luke Cage (R)

 

Bjarke Ingels, Urban Rigger, Kim Loudrup shipping container architecture, affordable student housing

When college students arrive to the big city they often bring with them dreams of glamorous apartments, but they soon get hit the reality of a cramped dorm room covered by student loans or an awkward apartment shared with several strangers. Over in Denmark, where 40,000 beds are needed to accommodate an exploding student population, Kim Loudrup realized the enormity of the student housing shortage (inventory and affordability) and partnered with the country’s prodigal son Bjarke Ingels on a new, sustainable student housing design made from floating shipping containers. Called Urban Rigger, they hope this modular idea can extend to other waterfront cities and even solve other housing problems like the refugee crisis.

Could this idea take off here?

MINI LIVING, micro-housing, tiny apartments, co-living

Automotive manufacturer MINI began as a solution to a global oil crisis, and now the company is looking to address another major issue–a lack of attractive, affordable housing in urban settings. Not surprisingly, they’ve turned to a micro version of co-living. Called MINI LIVING, the installation showcases 323-square-foot apartments with fold-out shelving units that serve multiple purposes and blur the lines behind public and private in what they’re calling a larger “micro-neighborhood.”

Take a look around the space

Should You Use FaceTime to Rent a NYC Apartment?

By Diane Pham, Mon, July 18, 2016

satc carrie's bedroom nyc

In New York City, scoring an apartment ahead of a move usually involves a bit of insider information (eg. you have a friend of a friend of a friend) or jumping into corporate or short-term living situations for a premium. While these options are great in a pinch, they more often than not fall short of ideal. But now, thanks to smartphone apps like FaceTime and Skype, you no longer need to hazily commit to a living situation. These days, more and more brokers are embracing live video as a way to show out-of-town clients potentials digs. Ahead CityRealty.com goes over the pros and cons of using FaceTime to seal the deal on an apartment never seen in real life, as well as the story of two folks who successfully took the plunge.

ADVENTURES IN REAL ESTATE WITH FACETIME HERE…

 

1 Lexington Avenue, Gramercy, Gramercy Park, Uma Thurman, Ethan Hawke, Celebrities, Celebrity Real Estate, 435 East 52nd Street, River House, Manhattan Co-op for sale, renovation, interiors

Less than two months after hitting the market for $6.25 million, Uma Thurman has sold her Gramercy Park duplex at 1 Lexington Avenue, reports the Observer. The actress moved into the co-op more than 15 years ago when she was still married to Ethan Hawke. They sold their unit after divorcing, but Thurman then bought this five-bedroom spread for $2.65 million in 2006, and spent five years renovating it into the classically elegant residence we see today.

Take a look around

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