Shelling out for Studio Apartment in NYC?
NYC monkeys --- is it worth it to shell out the cash for a studio? I'm 25 and i've been living in williambsurg right now with roomates that i knew from college but I really wanna get my own place. I like my friends and all but in my mid 20s sharing an apartment with my degenerate ex fraternity brothers is just starting to seem less and less cool.
Looks like you can score a 350 sq ft studio in a shithole building in EV or LES rn for like 2 -2.5k and i'm honestly considering it. Good play or dumbass move?
Also - do you guys think covid will be a good opportunity to score some deals or will rent stay high? Rent increases in nyc have going at such a rapid rate in the past 5 years or so it seems like it has to correct at some point (I mean go on streeteasy at look at the price history for any apartment - WTF no way this is pacing with income)