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Brooklyn co-living is in demand. Common, the new pseudo-commune-with-a-capitalist-twist, received more than 150 applications for 19 spots in its future Crown Heights building, it tweeted Tuesday.

That’s more than 150 people eager to pay $1,000 to 2,000 for their own bedroom, shared common areas, utilities, management fees, WiFi, cleaning service, and an unending supply of coffee, tea and toilet paper.

Would you want to co-live in Crown Heights?

Common founder Brad Hargreaves — a co-founder of General Assembly — promised to give Brownstoner a look at the newly renovated Crown Heights building as soon as it’s done.

“We’re very excited about the reception we’ve gotten in the five days since our site went live,” Hargreaves told Technical.ly Brooklyn in a DM on Wednesday. “There is clearly a need and a desire for flexible, community-centric housing. We have very long way to go but it’s a great initial signal.”

As Brownstoner wrote in June, Common is unique among the handful of emerging co-living startups for partnering directly with real estate investors and developers. Investors buy Common’s locations and then lease it to the company for 10 to 15 years. Common then renovates the building and subleases it to tenants on a month-to-month basis.

[h/t Technical.ly]

Photo by Cate Corcoran

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What's Your Take? Leave a Comment

  1. I’m still a bit perplexed to how this is a legal arrangement unless they are setting these up in old SRO’s purchased with a signed CONH. An SRO is an SRO is an SRO………..