Skyvue or anybody - NYC

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bocabull

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Skyvue I've decided to get a place in Manhattan starting this summer for my work in the financial industry. Looks like I can get a pretty decent 2 bedroom for around $4k/month near downtown (71 Broadway is the first I've checked out).

Is that part of town dead after hours? I always stay in Midtown when visiting. What part of town is your favorite for around that price?
 
bocabull said:
Skyvue I've decided to get a place in Manhattan starting this summer for my work in the financial industry. Looks like I can get a pretty decent 2 bedroom for around $4k/month near downtown (71 Broadway is the first I've checked out).

Is that part of town dead after hours? I always stay in Midtown when visiting. What part of town is your favorite for around that price?
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That area is a little less dead at night than it once was, but it's still very quiet once the after-work drinks crowd has cleared out.

At 4K a month you're way out of range for any rent I've ever paid (that's nearly four times what I'm currently paying for my place in Chelsea, though mine's rent-stabilized), so I'm no expert at what you can get for that, but I would think you could live in virtually any neighborhood in the city for that much dough, though how much space and what kind of amenities you'd get for your money would vary by neighborhood, of course.
 
Nice to know. I looked at a couple Chelsea places and they appeared to be more expensive than downtown. I probably need to get a realtor. I'm fired up about this. We always split for Cali when it gets too hot in Arizona but it makes a lot more sense for me to set up a base in NYC since that's the center of the hedge fund industry.
 
skyvue said:
That area is a little less dead at night than it once was, but it's still very quiet once the after-work drinks crowd has cleared out.

At 4K a month you're way out of range for any rent I've ever paid (that's nearly four times what I'm currently paying for my place in Chelsea, though mine's rent-stabilized), so I'm no expert at what you can get for that, but I would think you could live in virtually any neighborhood in the city for that much dough, though how much space and what kind of amenities you'd get for your money would vary by neighborhood, of course.
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How many square feet do you have? I have always heard how expensive NYC is so I would have assumed $1,000 bucks a month doesn't get you much. I have never been to NYC and will probably never go to NYC (I try to stay south of the Mason Dixon line or west of the Mississippi.
 
I want Boca to have to walk past Zuccotti Park on his way to work.
 
DenverSooner said:
How many square feet do you have? I have always heard how expensive NYC is so I would have assumed $1,000 bucks a month doesn't get you much. I have never been to NYC and will probably never go to NYC (I try to stay south of the Mason Dixon line or west of the Mississippi.
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It doesn't get you much. We pay a little under $1200, but we're rent-stabilized. My apartment would probably get $2000 if it weren't stabilized. Small one-bedroom, tiny kitchen (tinier than you can imagine, most likely), but 12-foot ceilings make it seem roomier than it is. But it's a great neighborhood, we live on a beautiful block, and we both walk to work.
 
I've always heard the term 'rent-controlled' or 'rent-stabilized', but I've never known what it meant, exactly.
 
arts_finance-movies_584.jpg
 
One thing that page may not make clear is that the rent on rent-controlled apartments doesn't rise at all or, if it does, by miniscule amounts.

The rent on stabilized apartments goes up every year or two (depending upon lease length), but it can only go up by a percentage designated each year by the rent guidelines board. No huge spikes in rent, in other words.

That big apartment Monica lived in on FRIENDS was rent-controlled, which is why she could afford it. Her grandmother had lived in it for decades, so, being family and living with her grandmother at the time of her death, Monica got to take over the rent-controlled lease.
 
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MsProudSooner said:
So you're never moving....:D
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heh. We've talked about it. My wife moved in with me after I'd lived here more nearly twenty years, and there are times she feels as if it's still my place, not our place -- she feels sometimes that she'd like us to make a fresh start somewhere.

But it's a great neighborhood, we're a short walk from the Hudson, where there's a lovely waterfront park where we can sit and watch the sun set, and we also have a great new park called the High Line just a block or two away that we really like.

If we moved, it'd be probably be to Brooklyn, but I think we'll stay here.
 
skyvue said:
That big apartment Monica lived in on FRIENDS was rent-controlled, which is why she could afford it. Her grandmother had lived in it for decades, so, being family and living with her grandmother at the time of her death, Monica got to take over the rent-controlled lease.
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I always wondered how she could afford that. :rolleyes:
 
I live on the upper east side of NY and find it one of the more affordable areas.

If you are working downtown and prefer to live there, battery park city isn't bad. I personally wouldn't want to live in the financial district but there are some very nice buildings and the area has improved over the last several years (check out the Frank Gehry building).

The best website for NY apartments is streeteasy.com. See you on the subway.
 
Thanks fool! Streeteasy is exactly what I was looking for. And now that you mention it the last time I was in Manhattan we went out to eat a couple times east of Central Park and it definitely had the most residential, non tourist feel of any part of the city to me.
 
bocabull said:
Thanks fool! Streeteasy is exactly what I was looking for. And now that you mention it the last time I was in Manhattan we went out to eat a couple times east of Central Park and it definitely had the most residential, non tourist feel of any part of the city to me.
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I llved on the UES for several years before moving to my current neighborhood. My roommate, a guy I've known since high school, and I liked it okay, but we never went out in that neighborhood. We always headed downtown or to the west side. But it's quiet and there are some nice areas. It's very pricey by the park but definitely more affordable a bit further east. I prefer the UWS, if you're thinking of living above 59th street, but the UES has its merits.
 
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