New Yorkers, where would you live in NYC for $3k/mo?

[Ulysses]

So, here's the deal. Sometime in the next few months, I might sell my company here in SF. If that happens, I'll probably look for a change of scenery. I've been here for a while and it's probably time for a change. One of my options is NYC, largely due to some exciting business opportunities there.

So, here's the question. If I decide to move to NYC, where should I live? I'd ideally be looking for a 1br place and would like to spend $3k or less per month. I love hanging out in the E Village, SoHo, etc. I don't find myself hanging out in UWS/UES very much. I like to go to restaurants and bars all around the city, so easy access to trains is key. So, given those criteria, where would you live?

[Macdaddy Warsaw]

How much are studios in SoHo? I can't imagine it being anywhere near 3k, but I just live in NYC, I don't apartment hunt, so I have no idea. My friend lives in a huge place on the UWS and pays 3.5k for an absolutely amazing 3br place.

So, yeah, live where you like to hang out.

[KaneKungFu123]

how cold does it get in SF?

[bennyk]

For 3k/month, I hope you're buying.

Yeah the city is cool but I'd buy in Cobble Hill or the Slope right now. These places will not decrease in value.

As far as convenience, you're as close to your bars & restaurants in Brooklyn or some places in Queens as you are in the city. It takes me 25 minutes to get most places north of 21 and and only a little longer to get further. In my experience you'll spend that at least that long in transit from withing manhattan.

Plus it's nice in the boroughs, and it usually doesn't smell like garbage.

But for 3k, you can probably be very choosy about where you end up. That's a lot to pay, even in NYC (possibly not for a high-rolling 2+2'er).

bk

[slickpoppa]

[ QUOTE ]
For 3k/month, I hope you're buying.

Yeah the city is cool but I'd buy in Cobble Hill or the Slope right now. These places will not decrease in value.

As far as convenience, you're as close to your bars & restaurants in Brooklyn or some places in Queens as you are in the city. It takes me 25 minutes to get most places north of 21 and and only a little longer to get further. In my experience you'll spend that at least that long in transit from withing manhattan.

Plus it's nice in the boroughs, and it usually doesn't smell like garbage.

But for 3k, you can probably be very choosy about where you end up. That's a lot to pay, even in NYC (possibly not for a high-rolling 2+2'er).

bk

[/ QUOTE ]

Some of you guys are completely ignoring his original criteria. If he likes Soho and going out to bars in Manhattan obviously he doesnt want to live there.

[bennyk]

[ QUOTE ]

Some of you guys are completely ignoring his original criteria. If he likes Soho and going out to bars in Manhattan obviously he doesnt want to live there.

[/ QUOTE ]

what are you talking about? reread his post and mine. or, better yet, don't. you are being a tool.

btw, your suggestion was magnificent.
bk

[Nigel]

[ QUOTE ]
For 3k/month, I hope you're buying.

But for 3k, you can probably be very choosy about where you end up. That's a lot to pay, even in NYC (

[/ QUOTE ]

Studios alone in NYC can cost $500,000+ to buy, and nice places are hard to find and very $$$, so buying isn't a viable option for most people.

For renting, $3k/month is not a lot to pay for anyplace nice in Manhattan, and won't allow you to be "choosy". $3k is basically the starting point for having a decent place in a nice neighborhood.

Frankly, if you can afford it, I would think about spending $4-5k, because then your options open up and you can start looking at places that you could actually consider "home". What you get for $4k+ is so much more than what you get for ~$3k and is in another world from what you get for ~$2k.

As for location, ppend some time in NYC and get to know Tribeca, Soho, the Village, Flatiron, Chelsea, and CPW/UES. See which area suits your lifestyle and your aqe.

Caveat emptor, great city to visit, but one tough city to live in. My friends who have lived in California look 10 years younger after a few years of not seeing them, while my friends in NYC look 10 years older. I would think SF->NYC is a seriously -EV move.

Good luck though,

Nigel

[sfer]

[ QUOTE ]
I would think SF->NYC is a seriously -EV move.


[/ QUOTE ]

I did it. I'd do it again.

[BottlesOf]

[ QUOTE ]

Frankly, if you can afford it, I would think about spending $4-5k, because then your options open up and you can start looking at places that you could actually consider "home". What you get for $4k+ is so much more than what you get for ~$3k and is in another world from what you get for ~$2k.

[/ QUOTE ]

Having just gone through the moving thing and looking into all kinds of stuff (including some of the above even though I had no intention of spending this much) I think the above is true.

You can get a pimp 1 br in a luxury bldg in most neighborhoods if you're willing to bump up your spend. 3K will get you a perfectly fine 1 br in a great neighborhood, but if you want to have the best options you need to spend a little more.

[Ulysses]

[ QUOTE ]
[ QUOTE ]

Frankly, if you can afford it, I would think about spending $4-5k, because then your options open up and you can start looking at places that you could actually consider "home". What you get for $4k+ is so much more than what you get for ~$3k and is in another world from what you get for ~$2k.

[/ QUOTE ]

Having just gone through the moving thing and looking into all kinds of stuff (including some of the above even though I had no intention of spending this much) I think the above is true.

You can get a pimp 1 br in a luxury bldg in most neighborhoods if you're willing to bump up your spend. 3K will get you a perfectly fine 1 br in a great neighborhood, but if you want to have the best options you need to spend a little more.

[/ QUOTE ]

That's what I was kind of afraid of based on cruising around and checking out some places from time to time.