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In This New Co-Living Partnership, Friendships Are the Ultimate Amenity
April 8, 2019 /
Kin, a new partnership between the real estate company Tishman Speyer and the co-living company Common, bets that residents will accept smaller living spaces in exchange for a community borne out of in-house sharing-economy amenities.
People need to learn how to make friends within their own building. So instead of just offering yoga studios, developers and building managers supply actual yoga teachers.
From a real estate value prospective, a building that creates actual community becomes more valuable, because while tech amenities look great today, they will inevitably look passé within two years. Friendships and communities, however, last much longer.
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