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Inside WeWork's WeLive, where millennials squeeze into tiny apartments to take advantage of perks like Sunday dinner, daily happy hours, and morning yoga

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  • WeWork, the $20 billion coworking startup, recently expanded into co-living with its dorm-like WeLive apartments that offer communal facilities and daily activities.
  • Reviews have been mixed, so we tested WeLive Wall Street for ourselves.
  • Our experience was mostly pleasant, but we felt the rent was high. Many WeLive tenants said the price was a good value when you factor in amenities, activities, and the community.


The sharing economy keeps getting cozier.

WeWork, the coworking powerhouse that grew into a $20 billion startup by leasing chic, millennial-friendly office space to startups and Fortune 500 companies alike, is betting you'll be willing to share more than just your workspace with strangers.

Last year, WeWork expanded into co-living with WeLive. The dorm-like apartments are supplemented by communal facilities — like a grand kitchen, media room, and terrace complete with a hot tub — as well as activities like daily happy hours, comedy nights, and yoga classes.

Some have raved about the building's amenities and sense of community. Others described it to Bloomberg as a poorly run "dorm for adults."

Leaked investor presentations had indicated the company planned to open 14 WeLives by the end of 2016, with the buildings projected to generate 21% of the company's revenue by 2018.

But as of the end of 2017, the only open locations are in Wall Street in New York and Crystal City in Washington, DC.

We recently spent a couple of nights at WeLive Wall Street to see what it's like to live in the building.

WeLive Wall Street is near the East River. If it looks like a big office building, that's because it once was.

After flooding from Hurricane Sandy damaged the building, WeWork took over, converting the first six floors into office space and the other 21 into apartments.



At the front desk, Nathan de Paz checked us in. De Paz said he moved to WeLive Wall Street from Houston in May.

He said that he had been worried about moving to New York by himself but that the WeLive community had made the transition easier.



If you've ever been to a Wall Street office building, this will be familiar. Still, it feels odd to be swiping in to use an elevator in an apartment building.



See the rest of the story at Business Insider

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