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Nation's largest co-living provider files for bankruptcy protection.
In: Crain's New York Business, Jg. 40 (2024-06-10), Heft 23, S. 7
Online
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Zugriff:
Common Living, the largest co-living operator in the country, has filed for bankruptcy protection. The company, which offers shared living spaces in multiple cities, was acquired by European co-living operator Habyt in 2022. Despite raising significant venture capital funding and expanding during the pandemic, Common was unable to achieve profitability. The bankruptcy filing will result in the liquidation of the company's assets. Common has faced criticism from tenants regarding living conditions and security issues in recent years. [Extracted from the article]
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Nation's largest co-living provider files for bankruptcy protection.
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Autor/in / Beteiligte Person: | Hughes, C. J. |
Zeitschrift: | Crain's New York Business, Jg. 40 (2024-06-10), Heft 23, S. 7 |
Veröffentlichung: | 2024 |
Medientyp: | serialPeriodical |
ISSN: | 8756-789X (print) |
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