flexiblefullpage -
billboard - default
interstitial1 - interstitial
catfish1 - bottom
Currently Reading

The Collective Paper Factory is the co-living company’s first U.S. location

Multifamily Housing

The Collective Paper Factory is the co-living company’s first U.S. location

The building offers a stay model ranging from one night to 29 days.


By David Malone, Associate Editor | November 5, 2019

All photos courtesy The collective

The Collective, a company focused on creating co-living spaces, has recently opened its first U.S. location in New York: The Collective Paper Factory. The 100-year-old building that was once a paper good manufactory and before that a radio factory, will now house the company’s 125-room co-living location that will offer a stay model ranging from one night to 29 days. The goal is to combine private space with shared amenities to create unique experiences among renters.

Located in Long Island City in Queens, N.Y., The Collective Paper Factory is the company’s third purpose-designed space. It will include cultural programming designed to educate and engage members and the community alike about the future of co-living. A local artist residency program will also be launched in the spring.

 

Paper Factory interior

 

The location will also feature ama, a restaurant set to open on the building’s ground floor in December. Open for breakfast, lunch, dinner, and brunch, the restaurant will serve comfort foods with global influences. The dining space retains the building’s original industrial aesthetics such as a spiral staircase and connects to The Courtyard, a seasonal outdoor space with a signature beverage program. In 2021, The Collective plans to expand Paper Factory with another 100+ purpose-designed co-living units built on top of the existing structure.

 

See Also: Co-living: The next real estate disruptor or niche market?

 

Nightly rates at Paper Factory start from $135, two week stays from $1,250, and 29-day stays from $2,300. These prices include WiFi, professional cleaning, linen change, and utilities. Paper Factory joins The Collective’s portfolio of offerings, which includes Old Oak and Canary Wharf, both in London, and is the first location for short-stay only.

Related Stories

Multifamily Housing | Feb 16, 2024

5 emerging multifamily trends for 2024

As priorities realign and demographic landscapes transform, multifamily designers and developers find themselves in a continuous state of adaptation to resonate with residents.

MFPRO+ News | Feb 15, 2024

UL Solutions launches indoor environmental quality verification designation for building construction projects

UL Solutions recently launched UL Verified Healthy Building Mark for New Construction, an indoor environmental quality verification designation for building construction projects.

MFPRO+ News | Feb 15, 2024

Nine states pledge to transition to heat pumps for residential HVAC and water heating

Nine states have signed a joint agreement to accelerate the transition to residential building electrification by significantly expanding heat pump sales to meet heating, cooling, and water heating demand. The Memorandum of Understanding was signed by directors of environmental agencies from California, Colorado, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, and Rhode Island. 

MFPRO+ News | Feb 15, 2024

Oregon, California, Maine among states enacting policies to spur construction of missing middle housing

Although the number of new apartment building units recently reached the highest point in nearly 50 years, construction of duplexes, triplexes, and other buildings of from two to nine units made up just 1% of new housing units built in 2022. A few states have recently enacted new laws to spur more construction of these missing middle housing options.

Multifamily Housing | Feb 14, 2024

Multifamily rent remains flat at $1,710 in January

The multifamily market was stable at the start of 2024, despite the pressure of a supply boom in some markets, according to the latest Yardi Matrix National Multifamily Report.

Sustainability | Feb 7, 2024

9 states pledge to accelerate transition to clean residential buildings

States from coast to coast have signed a joint agreement to accelerate the transition to pollution-free residential buildings by significantly expanding heat pump sales to meet heating, cooling, and water heating demand in coming years.

Multifamily Housing | Feb 5, 2024

Wood Partners transfers all property management operations to Greystar

Greystar and Wood have entered into a long-term agreement whereby Greystar will serve as property manager for all current and future Wood developed and owned assets.

Industry Research | Jan 31, 2024

ASID identifies 11 design trends coming in 2024

The Trends Outlook Report by the American Society of Interior Designers (ASID) is the first of a three-part outlook series on interior design. This design trends report demonstrates the importance of connection and authenticity.

Mixed-Use | Jan 29, 2024

12 U.S. markets where entertainment districts are under consideration or construction

The Pomp, a 223-acre district located 10 miles north of Fort Lauderdale, Fla., and The Armory, a 225,000-sf dining and entertainment venue on six acres in St Louis, are among the top entertainment districts in the works across the U.S.

Sponsored | BD+C University Course | Jan 17, 2024

Waterproofing deep foundations for new construction

This continuing education course, by Walter P Moore's Amos Chan, P.E., BECxP, CxA+BE, covers design considerations for below-grade waterproofing for new construction, the types of below-grade systems available, and specific concerns associated with waterproofing deep foundations.

boombox1 - default
boombox2 -
native1 -

More In Category




halfpage1 -

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021