NYC Analyst Housing Meltdown
I've been reading all historic forums when it comes to NY housing as I'm searching for apartment starting in January since my current lease is up. Here's the protein: nothing under 2650 if you want anything even remotely liveable let alone updated. Went on a few tours recently. Looked at a few studios for 2100-2200. Got to the bathroom and I turned to the broker and said " I know legally you have to tell me how many people were murdered here. That number is no less than 7." You've never seen anything like it. These places were 50% cheaper in 2019.
Yes, I know NY housing in general has gone up like 30-40% minimum. To the point where roommate is the first and only option for something safe. If anyone is looking for a roommate starting in January (location indifferent), please drop a comment. Any tips on finding studio for around the 2.1 to 2.2 range would also be greatly appreciated.
Get roommates
Hey if you’re looking for a place in my building it’s in a luxury building, safe, and cheap with roomates
I currently only pay around 1650, right in FiDi, can share details if interested
I’m interested
Interested too
PM me and I will email current listings
Interested !
Share building pls.
Very interested
PM me - I will email current listings in my building
Interested! Please share :)
PM me - I will email current listings in my building
Get roommates. Having shitty housing your first couple years in NYC is a right of passage
..
You're not going to find a nice, renovated studio for $2.1k unless you are open to living in a different borough with a long commute. Even then, last time I checked LIC stuff was still like $3k minimum.
You really need to get roommates, 2 or 3 of them and you will have a ton of options. Even if you can only find 1 roommate you will still do better. Go join the roommate FB groups, there are a ton and sometimes it'll be "there's 3 of us, looking for a 4th to split, already found the apartment"
The roommate situation is nothing new. Don't forget IB salary used to be $85k until last year, so $2k was the hard limit. People still had to have roommates even 5+ years ago
Astoria/Jersey City have become my go-to recommendations for affordable and halfway decent. Manhattan is insane. StreetEasy is the best place to find an apartment as well IMO.
Times like make me so happy that I grew up in LES and my parents current landlord (place I grew up) is able to hook me up with all his other landlord buddies with rent-controlled places with 1beds for less than 1.5k.
You want to help a buddy out here?
That ruins the ecosystem for the locals my friend. The reason why you see the transplants complaining so much about rents is because they tend to be the folks bouncing around every other year to a new apartment. My parents and neighbors have been in their apartments for almost 15 years at this point so have locked down multi year leases and great relationships with the landlords.
It is unfortunate for new grads but the 1.3 or so million Manhattan locals would not share this information to the 300k or so transplants or all these places would be even more overrun. A ton of these rent-controlled buildings are rented via word of mouth like my place was. Granted it is a 4th floor walk up but it is almost unimaginable to be paying 1.5k for a 1bedroom in the LES in any apartment let alone a good quality one that would easily rent for 4k if it was not rent controlled.
Maybe someone can create a discord channel for finding housing/ rooms in NYC?
Ask your MD if you can live in his basement.
How do you guys/gals not have 1-2 friends from undergrad to live with. Even from my nontarget it wasn’t an issue
Ex velit repellat sit qui. Voluptates hic quia nulla quo animi minima vel.
Fuga dolorum quo illo non consequatur reprehenderit. Officiis explicabo sunt aspernatur velit exercitationem vel natus.
Nihil modi esse placeat temporibus. Deleniti id dolor est aut eos omnis. Earum laudantium voluptatum magni labore non. Et voluptatem veritatis ab voluptate consequatur. Porro ut minus illo voluptate sapiente exercitationem et. Praesentium harum commodi dolor minima debitis molestias. Sed autem nulla neque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Sit placeat nostrum nihil dolore voluptatibus. Molestias adipisci magni aut voluptatem.
Possimus iste enim eum consectetur vitae sit occaecati fugiat. Velit soluta dicta et nisi perspiciatis voluptate quo. Id impedit ipsam enim vitae alias. Beatae ipsum enim sint dolorem. Itaque voluptas sed magnam qui illo autem quo.
Repudiandae consequatur adipisci deleniti voluptatibus laborum officia sapiente. Libero delectus velit velit exercitationem. Ut id dolor dignissimos consequuntur quia quaerat. Aliquid dolorem possimus at provident consequatur necessitatibus totam harum.