Co-Living

City Living, Long Island City

The Collective, Paper Factory, Long Island City, Co-living

Images courtesy of The Collective

London-based co-living company The Collective has opened its first U.S. location at the former Paper Factory Hotel in Long Island City. Designed in collaboration with Palette Architecture, the 125-room location will focus on a “short stay” model ranging from one-night to 29-day stays. Members will have access to communal living areas and wellness services, as well as a soon-to-launch restaurant and cultural programming. The company already has plans to expand on today’s opening by adding 100 additional rooms on top of the existing building by 2021. 

Take a look around

affordable housing, real estate trends

Rendering courtesy of Common and L+M Development Partners

A year ago, the city’s Department of Housing Preservation and Development announced plans for an affordable co-living pilot program. Known as ShareNYC, the initiative “lets developers seek public financing in exchange for creating affordable, shared-housing developments,” as 6sqft previously reported. The city has now selected three proposals that will create or preserve accommodations for roughly 300 residents. Two of the projects, including one by co-living giant Common, will be located in East Harlem, while the third will be in East New York.

Learn about all the projects

Architecture, Bed Stuy, New Developments, Starchitecture

Renderings courtesy of The Collective and Artefactorylab

Days after filing building permits for 1215 Fulton Street in Bed-Stuy—the site of the former Slave Theatre—London-based co-living startup The Collective has announced it will be partnering with renowned Japanese architect Sou Fujimoto on the design, his first in New York. The 10-story structure will span over 240,000 square feet and be comprised of three buildings connected by an expansive “ground-floor hub” designed to feel like “an extension of the street.” The project aims to create “a new idea of how a community can come together in a building,” as the architects explained in a design statement.

Take a first look at the renderings

Hell's Kitchen, real estate trends

Photo of another location, via Common

As of April 2018, co-living startup Common had raised $40 million in Series C venture funding, far more than the $15 and $11.5 million raised by its competitors Ollie and HubHaus. Since opening its first NYC location in 2015 in Crown Heights, Common has expanded with 10 locations in Brooklyn and Queens, but they’ve now decided to turn their attention to Manhattan. The company announced today that they will open a 32-bed building at 47th Street between Ninth and Tenth Avenues in Hell’s Kitchen–“a short subway ride on the C or 7 trains into Long Island City and Amazon’s HQ2.”

More details

affordable housing, Policy

The Collective Old Oak in West London

On the heels of London-based housing brand The Collective’s announcement to bring a huge, co-living community to Brooklyn, the city of New York announced on Thursday plans to get involved with the growing housing trend. The city’s Department of Housing Preservation and Development said it will launch a pilot program that lets developers seek public financing in exchange for creating affordable, shared-housing developments, the New York Times reported.

More here

Bushwick, New Developments, real estate trends, Williamsburg

The Collective Old Oak in West London.

6sqft has checked in periodically to track the progress of co-living brands like Common and a foray into what some call “adult dorms” by co-working giant WeWork. Now, lifestyle and housing brand The Collective, the London-based creator of the world’s biggest co-living community, has announced plans for a New York City flagship in Brooklyn at the border between Williamsburg and Bushwick at 555 Broadway.

When can we move in?

Architecture, Design

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

Featured Story

Crown Heights, Features, Interviews, People, real estate trends

common crown heights roommates brooklyn

What if your home was more than just a place to live? What if it took care of the tedious parts of everyday life (like cleaning, paying utility bills, and shopping for the basics) and there were always a bunch of interesting and like-minded people hanging out in your living room? Brad Hargreaves, CEO of Common, has structured his co-living housing company to be just that.

While we’ve reported on Common before (as well as WeWork’s similar new shared housing setup in FiDi), today we’re going behind the scenes at Common’s first outpost located in Crown Heights. We asked three residents why they chose to live at Common, if this catered style of co-living beats the standard New York roommate setup, and, of course, what we all really want to know—with 10 different personalities under one roof, just how “Real World” do things get?

Meet residents Jason, Kamilah and Adam here

City Living, real estate trends, Rentals, Williamsburg

The perpetual waves of recent graduates and other young professional hopefuls streaming into New York City seem to be finding themselves stuck when it comes to finding a place to bunk between cubicle and pub. So it’s no surprise that a growing field of enterprising entrepreneurs–after observing the moderate success of the co-working model and the mind-melting success of Airbnb–have stepped in with a hybrid of all of the above.

6sqft previously noted the Wall Street launch of co-working startup WeWork’s communal living concept. Now, another co-living player, Common, who recently brought upscale shared housing to Crown Heights, will be opening the doors on a communal residence in prosaically trendy Williamsburg at the corner of South 3rd Street and Havemeyer. Common CEO Brad Hargreaves with partner Henry Development is building a 12-suite, 51-bedroom, 20,000-square-foot residence, the company’s first ground-up effort here. The most buzz-worthy bit about this new addition is that members will pay $1,800 to $2,700 a month for a bedroom in one of 12 duplex suites, with one, two or three other roommates. The higher-end numbers represent rooms with a private bath–essentially a studio with friends with benefits.

What’s the story here

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