“Cotel” is still a relatively new buzzword, but the unique concept is slowly picking up steam. An amalgam of the words “collaborative” and “hotel”, the new accommodation paradigm was introduced by developers Prodigy Network, who recently announced the winners of a competition to design their future cotel at 17 John Street in New York City. Click here to see the winning projects, which will be implemented at NYC’s first crowdsourced and crowdfunded hotel.