Quote:
Originally Posted by mcgrath618
For real, who does this cater to? Who would voluntarily live in what is essentially a dormitory?
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20-something road warriors? Really depends on how cheap/expensive it is and what other amenities you might get with it - is there a gym you can use, etc.
To me this model seems to make sense if you can put these units in highly desirable locations - where you sacrifice some personal space but you gain an awesome location that you otherwise simply couldn't afford. Like off Rittenhouse Square or Central Park.
I will also add that when I was in my 20s - a lot of my friends in NYC lived in shared Brownstones in Brooklyn. 5 people, 5brs, sharing the house with random roommates that came and went. Often times these rooms were found on Craigslist, etc.- good way to meet some people in a new city. I mean, is this model really that different from that?