WeWork will no longer subsidize apartments in its WeLive co-living space on Wall Street — Quartz

WeLive, the co-living business operated by WeWork, is raising the list price of a studio apartment in its furnished complex in Manhattan’s Financial District to $3,050 a month.

The promotional rates were designed to draw people into the first WeLive, a bet by $16 billion startup WeWork that people will pay a premium to live month-to-month in residential buildings that are essentially glorified dorms. Amenities at WeLive include communal kitchens stocked with dishes and cooking utensils, high-speed internet, TVs wired for cable, and rooms elegantly furnished with Murphy beds.

Source: WeWork will no longer subsidize apartments in its WeLive co-living space on Wall Street — Quartz

Beer on tap too!

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