After Bedly: What the demise of a startup says about the health of co-living in NYC

The death of a startup this month raises questions about the future of co-living in New York City — and whether such arrangements are putting landlords and tenants at risk. Bedly, a co-living company that launched in 2015, abruptly shut down July 21, leaving 600-plus tenants with invalid leases and roughly a month’s notice to find somewhere else to live. Though Bedly had raised $7 million since its start, according to its founder, the company […]

source https://therealdeal.com/2019/08/07/after-bedly-what-the-demise-of-a-startup-says-about-the-health-of-co-living-in-nyc/