Co-living startup Common is expanding its NYC empire even further. Real Estate equity firm Harriman Capital has brought on Common to create three new co-living spaces in New York City. In addition, Harriman will also partner with Common to establish the brand’s first home in Los Angeles.
This latest addition in NYC now takes Common’s total properties in the city to 12. In July this year, Common announced the launch of its first house in Queens. The startup also operates eight houses in Brooklyn. Those nine properties together have 333 rooms, making Common’s footprint in NYC the largest across the country.
In all, Common has 482 rooms in Oakland, Washington, D.C. Chicago, San Francisco, and New York. The expansion in Los Angeles and NYC will add 145 rooms to that number. The developer hasn’t yet announced where these new NYC locations will be, but we’ll be sure to update this post when we find out.
“In just under two years, Common has been able to rapidly expand to cities around the country as people look for flexibility, convenience and community,” Brad Hargreaves, the founder and CEO of Common, said in a statement. “Our new partnership with Harriman allows us to significantly expand our already large New York City presence and launch in a brand new market, Los Angeles, where we have seen tremendous demand.”