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| Tel Aviv municipality promoting co-living projects

Zev Stub    
Thursday, 11 January 12:42 PM
Due to its ongoing housing shortage and prohibitive rents, Tel Aviv City Hall is working with the New York-based real estate company WeWork to open co-living spaces in the city’s downtown area, Calcalist reported on Wednesday.

WeWork, and its subsidiary WeLive, offers urban residents small, less expensive units that are attached to common areas, featuring shared kitchens, laundry rooms and recreational areas. Noting WeWork’s successful models in New York City and Washington, Tel Aviv’s chief planner Orly Erel said the project would involve the construction of a 17-story building at a site being developed by the Israeli-based Azrieli Group.
Full Story (Jerusalem Post)
        
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