Starcity

Starcity is an American company that builds cohousing microapartments in which tenants pay for a private room with shared kitchens, bathrooms and other shared spaces, a "model reminiscent of college dorms and single-room-occupancy hotels. It is creating "communal housing for middle-income people who don't qualify for government subsidies but still can't afford San Francisco's sky-high prices.
The company was founded as a startup in 2016. It plans to build apartments in San Francisco and San Jose. Starcity purchases old hotels, retail facilities, and parking garages and converts them into housing. Starcity renters pay $1,500 to $2,000 per month for a furnished bedroom that measures from 180 to 220 square feet, with from 10 to 20 tenants sharing a kitchen and living room. An additional $300 fee is paid to use furnished communal spaces and for cleaning.
The Mission building has weekly potlucks and wine meetups, a small lounge area outside, and in-unit washers and dryers for tenants. The Mission location was a converted residential hotel named The Yug; three remaining residents from the old hotel are staying in the renovated building at their old rental rates. The rent at the Mission building is $2,000 per month; in comparison, a typical one-bedroom apartment in this area rents for $3,200 per month.
The CEO of Starcity is Jon Dishotsky. The company raised $20.3 million from venture capital firms. Other co-living companies include Common and Wework's Welive.

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