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https://archive.is/y28IG https://archive.is/y28IG I've been looking for a decent 1BR in Manhattan. For something clean and decent, the floor is $4,500. The 4
by pcurve 3y ago
https://archive.is/y28IG https://archive.is/y28IG
I've been looking for a decent 1BR in Manhattan.
For something clean and decent, the floor is $4,500.
The 40x rent annual income requirement by many landlords, one needs to be making $180,000.
sigh.
- RhysU 3y agoI am a former resident of this building, recommend it and the neighborhood highly, and they have a one bedroom for $4K. No broker fee last I knew. https://www.equityapartments.com/new-york-city/upper-west-side/parc-coliseum-apartments##unit-availability-tile https://www.equityapartments.com/new-york-city/upper-west-si... Richie and Pedro the doormen are fun if they still work there.
- throwawaysleep 3y agoWhy would you live in NY without an income like that?
- wyclif 3y agoA reasonable question. What are the non-negotiables that compel people to live in Manhattan? Is it being able to walk to noodles 24/7, or something else?
- jareklupinski 3y agoyup, when you're on a roll into the wee hours and you're hungry... there's no where else where I can have a tasty hot sandwich made for me at 2am without it being a big deal
- rcme 3y agoBeing close to work is the biggest benefit. Especially for young professionals who don’t need a lot of space and are looking to grind in their careers. Also, when they’re not working, being able to have fun is a plus.
- throwawaysleep 3y agoIf you have a job that is specifically NY based that is hard to get elsewhere and is an actual paid in money, not cachet career (i.e not working for a magazine) like banking or software, you should earn the 180K pretty easily.
- stemlord 3y agoWhy would someone live in new york city if they don't make $180k? Do you realize how out of touch the implications of that question are? There are so many nuances to life that drive people to be in certain places. NYC is a huge metropolis. Get real.
- sowbug 3y agoThis is ChatGPT's attempt to rephrase your comment in polite, constructive language. It's important to consider the various factors that influence people's choices, as the question seems to overlook the complexities of life. New York City is a vibrant and diverse metropolis with a multitude of reasons that attract individuals. Let's try to be more realistic and understanding.
- pcurve 3y agoI think some of that for sure. I can't speak for others, but for me, I actually like big cities. Watching people. Don't need to own cars to get around. Food variety. Interesting buildings. Cultural stuff. I guess that's why people in NY pay almost 45% of their after tax income towards housing related expenses, which is the highest in the U.S.
- ghaff 3y agoAside from the fact that many work there, yeah. It's often the I don't really want to leave the city to speak of unless it's a vacation, no car, tons of stuff to do and places to eat.
- klodolph 3y agoPeople live in NY, raise families, with less income. I don't know what your impression of NY is but your preferences of neighborhood and your lifestyle choices have a massive impact on your cost of living.
- Larrikin 3y agoWhat I always found interesting about Tokyo was that you could live in all of the various hotspots around the city, alone, on a semi reasonable middle class salary. You would live in a tiny little box, but you could be a 10 minute walk to the middle of Shinjuku or Shibuya. If you are single and don't care about cooking at home it really seemed like a great option. I don't know why in the US we have to be priced out of the biggest cities unless we are making a top 10% income or come from a generation of people who just happened to move there a century again.
- ttul 3y agohttp://urbankchoze.blogspot.com/2014/04/japanese-zoning.html http://urbankchoze.blogspot.com/2014/04/japanese-zoning.html
- kelnos 3y agoI suspect it's because most Americans don't want to live in a little box; culture is just different here. And not having a kitchen seems like a deal-breaker for many people (myself included; even when I was in my 20s and ate out most of the time, I don't think I would have tolerated that). And I believe some municipalities in the US won't consider a space legal to rent out if it doesn't include access to a kitchen. Of course, the real reason you have to be rich to afford a decent space in our biggest cities is because there isn't enough housing to satisfy the demand. Build more (and, critically, make it not incredibly expensive to build more), and prices will go down.
- alwayslikethis 3y agoEating out in the US is also much less affordable than it is in Asia, even countries like Japan.
- sk0g 3y agoYeah coming from Australia, the ramens were like $5 a pop instead of $20+. I couldn't even cook it for as little, never mind the labour costs involved. Oh and the food was amazingly fresh and tasty, without too much in terms of flavouring.
- jrockway 3y agoCome live in Brooklyn Heights. You can be in Manhattan in 5 minutes. I just moved out of a rent stabilized apartment that was $2450 a month for 11 years. There are many similar apartments and they can't raise the rent to "market rate" without making major improvements.
- pcurve 3y agoThanks! I do like that area. :)
- usaar333 3y agoManhattan is some of the most expensive housing in the US. It's seeing significant pressure from relocations from other places (e.g. many San Franciscans have moved there)
- quantpsychds 3y agoCheaper rentals are often not posted online because of the time and cost required. Irrespective of that, plenty of Manhattan 1 bedrooms are well below $4,500, including this one in a building with a 24-hour concierge, air conditioning, stainless steel appliances, and in-unit laundry: https://www.relatedrentals.com/apartment-rentals/new-york-city/roosevelt-island/riverwalk-crossing/1-bedroom-15-bath-28615 https://www.relatedrentals.com/apartment-rentals/new-york-ci... ($4,150)
- evanelias 3y ago> plenty of Manhattan 1 bedrooms are well below $4,500, including this one Your example listing is on Roosevelt Island. Sure, administratively it's technically the same borough / county as Manhattan. But it's not physically on Manhattan island, and doesn't command the same pricing for that reason.
- pcurve 3y agoThanks... though the listing confirmed what I said. :-( https://www.relatedrentals.com/search?city=46&field_line_special_offers_target_id_op=%3D&field_unit_special_offers_target_id_op=%3D&bedrooms=1&form-price-min=Any&form-price-max=Any&sort_by=field_availability_price_value https://www.relatedrentals.com/search?city=46&field_line_spe...