New York co-living company plans $100 million expansion with Los Angeles apartment developer
LA TIMES
Co-living is one the newest trends in urban housing, and it has prompted a New York operator to join with a Los Angeles developer to create $100 million worth of shared, furnished apartments to help meet a projected deep demand in Southern California. Residents in a co-living complex typically have their own bedroom and bathroom but share kitchens, living rooms and other common areas with fellow tenants. It’s a small but growing segment of the apartment market, mostly serving yo…