European co-living company Cohabs plans $50M NYC expansion

A European co-living company is making a push to scoop up properties in New York City.

Since the Belgium-based firm, Cohabs, closed on €58 million, or $70.2 million, in funding this spring, the firm has started scouring New York for small vacant buildings that could be outfitted as co-living properties with between 10 to 30 bedrooms, according to its executives.