So, I've been conspiring with some co-workers to convince my bosses to open up an office in New York City and then move me out there. This is not a question about anyone's opinions about the concept of moving to New York City. I am, however, curious about the real estate market in New York for renting apartments. You hear these crazy statements like "You can't get even a studio for under $1,200 if you want to live in Manhattan" and crap like that. But most of my friends who live in NYC tell me that there are deals to be had -- especially if you live in Brooklyn, Queens, Hoboken, etc. So, what's the deal? Rocket Rich? Almu? I'm all ears ... ------------------
Hoo Boy! I was just doing a little surfing myself this morning Wrath on this very subject. I live in Queens. Been in New York for almost 8 years now. Spent the first 5 years in Manhattan. It just got to expensive for the space. Your friends are right about spaces and prices. If you are only interested in Manhattan proper, you can't even look at 800sf for less than $2200 dollars. I've been looking at one bedrooms (I'm talking 500sf), nothing under $1500 or $1600. Searching on your own is a headache, but it can be done. Using a broker is your best bet. But be prepared to pay 10 to 15% of a YEARLY rent for a broker fee. ie, if you pay $1300 a month Xs 12 months thats $15,600, Xs 15% = $2340. $2340 for a broker's fee just to find an apartment. Then if your lucky enough to find something, you'll pay the fee + first and last months + one month security. so... $2340 for broker fee $1300 for first month's rent $1300 for last month's rent $1300 for security ______ total $6240 just to get in the door! There are services that offer "no broker" apts. But guess what, you have to pay a small "fee" to them to even see their listings. The link below is a yahoo search of brokers in New York. Usually they will let you browse their "sample" listing of apts. But again, to really see the goods, a "fee" is required. I know this all sounds discouraging, but don't let it get you down. If you really want to live in Manhattan, it can be done! Let me know if you have any other questions and I'll do my best. Also, this moring the NY Times had an article about rents starting to go down, so maybe there's hope. You might try picking up todays times and see if you can find the article. http://dir.yahoo.com/Regional/U_S__States/New_York/Cities/New_York/Real_Estate/Agencies/Residential/ ------------------ 'Deeds, not words, shall speak me.'
Moving to nyc sounds like a really bad idea. ------------------ Ceo of the Walt Williams fan club. Web site coming soon atheistalliance.org
