This has to be sensationalized right? $1,900 a month to live with forty (!) other people?
How they can state something like that and not give SOME visual indication of what these supposed rooms look like sounds like theres some obvious context missing from those statements.
http://sfist.com/2014/11/21/tech_co-op_the_negev_faces_furth...
https://www.thenegev.com/#/building/negev6
If you look at the first link there appear to be four floors. There's a 3d view in the second link. It looks like that bottom floor visible from the street is the main communal living space. Below that is a basement with laundry, workspaces, and theatre. The three floors above those are the actual "apartments". I'd guesstimate they are about what you'd expect from a dorm room in size.