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It's exciting. Google has been talking about expanding its presence forever. At least since purchasing the Chelsea Market complex. The Youtube studio is an amaz

It's exciting. Google has been talking about expanding its presence forever. At least since purchasing the Chelsea Market complex. The Youtube studio is an amazing space. As is the AWS Loft downtown. Cornell Tech will have a new campus on Roosevelt Island. And Brooklyn has its New Lab / Navy Yards that is almost a tech city unto itself. It feels like there's community. And a multitude of events every day and night. With rents stabilizing, and burgeoning FinTech and AI momentum, I just think everyone at some point in their lives should consider a stint in the city ;)

CydeWeys 8y ago
The nice thing about NYC in comparison to the Bay Area is that we're not afraid of building more housing here, so supply increases every year and has a dampening effect on rent increases. Also, mass transit is much better, so if you live even 30 minutes away on a subway line the rents will be much lower. If you're willing to commute an hour each way (which is still less than a lot of people who drive every day on I-101 put up with) then rents are a fraction of what they are in nice areas of Manhattan, or the Bay Area for that matter. Though personally I don't like relying on the subway (which increasingly has problems these days), hence I live in biking distance.
- tokyodude 8y ago
  > and has a dampening effect on rent increase Is that really true? I don't know if this data is accurate but googling "average rent new york city" vs "average rent san francisco" brings up these 2 results as the first hits. They look almost identical. The site claims average rent for NYC is $3634 vs SF at $3735. It also claims prices increased in NYC by 9.46% over last year vs SF at 0.62% https://www.rentjungle.com/average-rent-in-san-francisco-rent-trends/ https://www.rentjungle.com/average-rent-in-san-francisco-ren... https://www.rentjungle.com/average-rent-in-new-york-rent-trends/ https://www.rentjungle.com/average-rent-in-new-york-rent-tre...
  - dmoy 8y ago
    The difference is a reasonable transit ride puts you in the radius of a staggeringly large amount of housing stock comparatively in NYC. But, go to the SF burbs and try to find high rises... :/
  - nostrademons 8y ago
    If NYC is currently at $3634 then yes, NYC has done much better than SF. I remember getting out of college in 2005, hearing about the $3000+ 1BR apartments in NYC, and thinking "Why the hell would anyone want to move to NYC?" (I was living with my parents in Boston at the time, but looked at moving out and would've paid $650 with roommates or about $1100 for a 1BR in that city.) My now-wife was living in SF that same year and paid $1200 in rent. The huge increases in SF rent happened mostly from 2010-2015. I paid $1400/month for a 1BR in 2009-2010 (Mountain View, not SF, but SF was still < $2000 at the time). By 2014 it was basically impossible to find something < $3000 in any transit-accessible part of the city, and apparently it's leveled off since.
  - ramraj07 8y ago
    I'm a tech worker in NYC and none of my firends (except one idiot) pays more than 2500 for their studio apartment within Manhattan. I share a super fancy apartment in a hirise in Brooklyn and pay less than 2K. If you're okay living in Queens you can get a 2BR with less than 1h commute. And this is not even talking about distant Brooklyn, Bronx or jersey (also less tax)
    - thaumasiotes 8y ago
      You can also get a 2BR less than one hour's commute away from San Francisco for under $2000 / month.
      - graeme 8y ago
        A transit commute?
        8y ago
- rayiner 8y ago
  The burbs are wsy better too. You can still find a great family home in a good school district within a reasonable commute on NJ transit, lirr, or metro north, well under a million.
  - lotsofpulp 8y ago
    I feel like the suburbs in NJ within reasonable commuting distance (door to door in 45 min max reliably) offer all the drawbacks of the city with none of the benefits of the suburb. You get a little more space, but not enough. A little less traffic, but still a lot of traffic. No decent gyms or parks, unless you like paying out the nose. And super high and ever increasing taxes. And I think even a 45 min door to door commute is too much, but add on the system’s unreliable-ness, I would find it unacceptable to commute from Jersey.
    - AlgorithmicTime 8y ago
      If you take the ferry, you can get further away and still make the commute time you're talking about.
    - brown9-2 8y ago
      Depends on where you are. I have a pretty great backyard and an excellent gym I pay $50/month for.
    - rayiner 8y ago
      I don’t know much about NJ. I lived in Westchester and it was great. Not sprawling exurbs by any means, but that’s a good thing. You can live in Rye or Pehlam and walk or bike to the Metro North station. MNR is very reliable, runs frequently at rush hour, and will get you downtown in 30-40 flat.
      - lotsofpulp 8y ago
        Yes, NJ Transit has to borrow Amtrak's tunnel and it frequently has problems, as does NJ Transit's stuff. MTA/NY infrastructure is much better, but still, I don't see how one can get from Rye or Pehlam to downtown in 40 min. https://goo.gl/maps/DYvaWBSLFcP2 https://goo.gl/maps/DYvaWBSLFcP2 1h15m from Rye train station to Fulton subway station on a Tue morning https://goo.gl/maps/TdQN5FhWF132 https://goo.gl/maps/TdQN5FhWF132 55m from Pelham station to Fulton subway. So door to door, you're still looking at 70 min to 90 min commute one way, with the added stress of possibly dealing with train delays. I wouldn't be able to do that more than a couple years.
chaosbutters 8y ago
when it doesn't smell like urine and I don't see dead homeless people next to millionaire bankers, I'll consider it

CydeWeys 8y ago

The nice thing about NYC in comparison to the Bay Area is that we're not afraid of building more housing here, so supply increases every year and has a dampening effect on rent increases. Also, mass transit is much better, so if you live even 30 minutes away on a subway line the rents will be much lower. If you're willing to commute an hour each way (which is still less than a lot of people who drive every day on I-101 put up with) then rents are a fraction of what they are in nice areas of Manhattan, or the Bay Area for that matter. Though personally I don't like relying on the subway (which increasingly has problems these days), hence I live in biking distance.

tokyodude 8y ago
> and has a dampening effect on rent increase Is that really true? I don't know if this data is accurate but googling "average rent new york city" vs "average rent san francisco" brings up these 2 results as the first hits. They look almost identical. The site claims average rent for NYC is $3634 vs SF at $3735. It also claims prices increased in NYC by 9.46% over last year vs SF at 0.62% https://www.rentjungle.com/average-rent-in-san-francisco-rent-trends/ https://www.rentjungle.com/average-rent-in-san-francisco-ren... https://www.rentjungle.com/average-rent-in-new-york-rent-trends/ https://www.rentjungle.com/average-rent-in-new-york-rent-tre...
- dmoy 8y ago
  The difference is a reasonable transit ride puts you in the radius of a staggeringly large amount of housing stock comparatively in NYC. But, go to the SF burbs and try to find high rises... :/
- nostrademons 8y ago
  If NYC is currently at $3634 then yes, NYC has done much better than SF. I remember getting out of college in 2005, hearing about the $3000+ 1BR apartments in NYC, and thinking "Why the hell would anyone want to move to NYC?" (I was living with my parents in Boston at the time, but looked at moving out and would've paid $650 with roommates or about $1100 for a 1BR in that city.) My now-wife was living in SF that same year and paid $1200 in rent. The huge increases in SF rent happened mostly from 2010-2015. I paid $1400/month for a 1BR in 2009-2010 (Mountain View, not SF, but SF was still < $2000 at the time). By 2014 it was basically impossible to find something < $3000 in any transit-accessible part of the city, and apparently it's leveled off since.
- ramraj07 8y ago
  I'm a tech worker in NYC and none of my firends (except one idiot) pays more than 2500 for their studio apartment within Manhattan. I share a super fancy apartment in a hirise in Brooklyn and pay less than 2K. If you're okay living in Queens you can get a 2BR with less than 1h commute. And this is not even talking about distant Brooklyn, Bronx or jersey (also less tax)
  - thaumasiotes 8y ago
    You can also get a 2BR less than one hour's commute away from San Francisco for under $2000 / month.
    - graeme 8y ago
      A transit commute?
      - 8y ago
rayiner 8y ago
The burbs are wsy better too. You can still find a great family home in a good school district within a reasonable commute on NJ transit, lirr, or metro north, well under a million.
- lotsofpulp 8y ago
  I feel like the suburbs in NJ within reasonable commuting distance (door to door in 45 min max reliably) offer all the drawbacks of the city with none of the benefits of the suburb. You get a little more space, but not enough. A little less traffic, but still a lot of traffic. No decent gyms or parks, unless you like paying out the nose. And super high and ever increasing taxes. And I think even a 45 min door to door commute is too much, but add on the system’s unreliable-ness, I would find it unacceptable to commute from Jersey.
  - AlgorithmicTime 8y ago
    If you take the ferry, you can get further away and still make the commute time you're talking about.
  - brown9-2 8y ago
    Depends on where you are. I have a pretty great backyard and an excellent gym I pay $50/month for.
  - rayiner 8y ago
    I don’t know much about NJ. I lived in Westchester and it was great. Not sprawling exurbs by any means, but that’s a good thing. You can live in Rye or Pehlam and walk or bike to the Metro North station. MNR is very reliable, runs frequently at rush hour, and will get you downtown in 30-40 flat.
    - lotsofpulp 8y ago
      Yes, NJ Transit has to borrow Amtrak's tunnel and it frequently has problems, as does NJ Transit's stuff. MTA/NY infrastructure is much better, but still, I don't see how one can get from Rye or Pehlam to downtown in 40 min. https://goo.gl/maps/DYvaWBSLFcP2 https://goo.gl/maps/DYvaWBSLFcP2 1h15m from Rye train station to Fulton subway station on a Tue morning https://goo.gl/maps/TdQN5FhWF132 https://goo.gl/maps/TdQN5FhWF132 55m from Pelham station to Fulton subway. So door to door, you're still looking at 70 min to 90 min commute one way, with the added stress of possibly dealing with train delays. I wouldn't be able to do that more than a couple years.

chaosbutters 8y ago

when it doesn't smell like urine and I don't see dead homeless people next to millionaire bankers, I'll consider it