The NYC Department of Housing Preservation and Development (HPD) has unveiled a coliving pilot program aimed at tackling the city's affordable housing crisis. Titled ShareNYC, the city will be accepting Requests for Expression of Interest now until March 14th, 2019.
As the leader in institutional grade coliving, Ollie will be selecting a limited number of projects to work on collaboratively with developers, and we will be performing our technical services for these sites complimentarily. If you are a developer/investor with a site in New York City that you believe could be a good fit for the ShareNYC coliving pilot program - we want to hear from you.
Please fill out the form below to be contacted by a member of our Real Estate Partnerships team.
Why Partner With Ollie
Ollie’s density driven coliving model optimizes financial returns on a $/sqft basis relative to traditional multi-family, establishing a lower price-point for our tenants while delivering the highest and best use for your asset.
As the pre-eminent coliving brand, our unique interior design identity, values based community programming, coliving household technology and excellence in hospitality service, deliver a brand experience that will enhance your asset.
Our floor plans are adaptable. During architectural feasibility, we ensure our design is readily convertible to a conventional condominium or multifamily plan, preserving a future buyer’s optionality.
As the coliving industry’s premier operator of large scale institutional grade assets, Ollie-flagged projects have raised hundreds of millions in equity and debt financing at highly competitive rates.
Ways to partner with Ollie
Ollie Technical Services
During an Ollie Technical Services engagement, Ollie’s Design and Corporate Teams work in close collaboration with our client through the pre-construction and construction phases to optimize a property for coliving.
Pre-construction phase services include:
Creating floor plans customized for coliving
Designing amenity spaces for coliving programming
Selecting FF&E to enhance the coliving experience
Construction phase services include:
Procuring FF&E and overseeing its installation
Reviewing vendor contracts for coliving programming
Creating punch lists to ensure construction finishes meet Ollie’s coliving standards
Ollie Technical Services engagements typically last four months to two years depending upon project specifics and are tailored to our client’s needs.
Ollie Management Agreement
If a project meets Ollie’s Brand Standards, Ollie would welcome the opportunity to discuss a long-term coliving management relationship through a Management Agreement. The primary route to ensure a project meets Ollie's Brand Standards is through an Ollie Technical Services engagement.
Ollie's Management Agreement consists of:
All-inclusive coliving services
First-class property management services
Coliving marketing services
Lead generation services to facilitate leasing
Licensing access to Ollie’s intellectual property and brand standards
Ollie's market-leading expertise in managing coliving and micro-housing units has helped our real estate partners achieve dramatic financial and operational improvements in their properties.