Co-living trailblazer Common Living’s bankruptcy highlights uncertain future for the model

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Common Living, which was founded in Brooklyn in 2015, was an early pioneer of a new venture in residential property management: Rather than leasing out entire units, rooms would be rented out to individuals. Utilities, WiFi, and cleaning costs would be bundled together with rent—and apartments would be fully furnished.

Since then, co-living has ballooned across the U.S. and globe, but…



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