Viewing a single comment thread. View all comments

TheSheikYerbouti t1_j7xghpi wrote

Reply to comment by DandWLLP in Median New York rent passes $4,000 a month in January by geoxol

30 mins

2

DandWLLP t1_j7xgr4s wrote

So what - Hoboken? LIC? All of those are expensive too. Are you coming from immediately over the bridge?

We moved to the West coast last year, but the savings of living outside of Manhattan were very quickly eaten up by a dogshit commute

While also not really saving much.

1

TheSheikYerbouti t1_j7xh60b wrote

I’m being vague for the internet’s sake but yeah roughly. I’m coming from up north. Tolls not bad, sometimes I take the train. I’m paying around $2k a month for a 1 bedroom. I really don’t mind my commute, and seeing this huge jump in rent for living down in the city makes me feel like it’s worth the commute.

5

numba1cyberwarrior t1_j8173eg wrote

There are parts of the city where you can get a 1 bedroom for 2k or cheaper also. Not everyone lives in Manhattan

1

elecktrobunny t1_j7y42s8 wrote

No offense but I'm in queens, 15 mins from midtown and $1640/mo for a one bedroom. Rent stabilized been here since 2011. To also have to pay for a car....yeesh.

−1

TheSheikYerbouti t1_j7y4xwx wrote

No offense taken at all. But getting a rent stabilized place is key. Not everyone has that luxury

18

TarumK t1_j7zb1ux wrote

I think you're confusing stabilized and controlled. A huge fraction of the buildings in NY are stabilized b default. If you rent a stabilized building now you're gonna pay market rate, and the rent's gonna go up 3/4 percent annually. In a couple years you'll probably be below market, but not that far below market. It's really only gonna be way below market if you've been there 20 years. But it's not hard to get at all.

1

elecktrobunny t1_j7y8dnt wrote

Hrm, I sort of fell into it and not sure I'd call it a "luxury" just a native New Yorker who legit ear to the ground of friends apt buildings and what opens when.

−12

[deleted] t1_j7yofmi wrote

"Sort of fell into it" is called getting lucky. Not everyone has the luxury to fall into units that everyone else in the building has to subsidize.

11

IGOMHN2 t1_j7z3662 wrote

I got lucky. Why doesn't everyone else get lucky too?

3

maximalentropy t1_j7zrwbb wrote

I call BS, even from Long Island city it’s 20 minutes door-to-door to midtown. You’re not finding 1 bedrooms at that price even deep into Flushing

1

MaizeNBlueWaffle t1_j7z9rdn wrote

Hoboken and LIC are pretty similarly priced to Manhattan but you do get more for your money

3