Communal living isn 't a new concept but this, business-oriented version led by startups offers a, decidedly modern sharing. Economy spin on the idea. According to a statement from WeWork this is, an early stage test involving 45 apartments in the. Building which also, contains some of the company 's coworking spaces (if successful the plan, is to eventually house 600 people. Spread across 20 floors)."We are in the early stages of beta testing, a new community-driven living concept in New York City," it read. "This concept. Is another layer of our platform focused on enabling people to live more fulfilling lives. During this, testing phase we ll. ' Be listening to feedback from our community and we 'll have more to share in the future. "This coliving concept, offers studio one - and, two-bedroom units all fully furnished and wired with cable and Internet. (rent figures have not been released). Each unit will receive a monthly cleaning and each, floor features a common area. And community manager who will plan events such as, Sunday dinners game nights and fitness, classes.A new wave of amenity-laden developments from Sky, a new, tower in Manhattan to many micro-housing developments are already,, Trying to tempt the same younger demographic by offering more than a standard anonymous urban, apartment. But the addition. Of more flexible lease terms could make the arrangement much more attractive. According to a leaked investor pitch deck. From WeWork they see, a big upside to developing the concept; the document forecasts $605.9 million in revenue from these. Types of residential investments by 2018 or 21, percent of the company 's total.WeWork 's bet that these community oriented spaces will play to wealthier millennials comes after other smaller startups,, Have already established themselves in this space. In, Brooklyn Common a coliving, concept in Brooklyn 's Crown Heights neighborhood. Founded by, Brad Hargreaves a co - founder of the computer programming school, General Assembly has seen success since opening. Its doors in October and recently, opened its second property."The way work is changing it needs, to be a little easier for people to move without a traditional 12 lease month, says." Hargreaves. "We 're creating that ecosystem."
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