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I am thoroughly confused, and I hope there is some more substantive info behind this. The $10,000 goal is barely a drop in the bucket when it comes to a buildi

I am thoroughly confused, and I hope there is some more substantive info behind this. The $10,000 goal is barely a drop in the bucket when it comes to a building with ~20 3-bedroom-sized apartments (even in "East Williamsburg"), and if the $50/day price is anywhere close to the final price, you'd be better off actually living in McKibben and joining one of the better-established co-working spaces. It's a fun idea, but honestly the co-working trend is pretty crowded in NYC (how many spaces can simultaneously attract quality talent and speakers?), and co-living is already a way of life when moving to NYC, without the dorm-like arrangement of this space.

stevesdrop 15y ago
The $10,000 is not the full cost of the housing. The problem with IndieGoGo is if you don't meet the goals they take a very large percentage. The hope is to exceed the goal by a wide margin. The actual amount will come out to be around $400,000. Most of it will likely be covered by outside financing. This raise is to directly offset the minimum rent we have to charge to be sustainable. That number is looking to be around 700 - 1000 depending on size of the room, much less than the $50 a day guest room rates. Think of that rate as more of an airbnb deal, but with a lot of extra perks. Thank you all for your feedback. Hope that clarified some of the confusion. Regards, Steve If you have time I would love to talk to you personally about some of your concerns steve@thisisalifestyle.com