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The Wax

March 29, 2004

To Rent or Not To Rent.

movin.jpgMoving to New York is hard work. When we first found out we were moving we were excited about the prospect of being back in the city. But then the reality of the move set in...and the numbers started to fly.

Currently New York is not a buyer's market. It certainly is a seller's one though. A long time ago, in a market far far away, I got a great one bedroom on the Upper East Side for $1390 a month. Sure it was a hole in the wall. Sure it was on an avenue (less desirable). Sure it was a three floor walk up, but it was big for the cost.

Meanwhile my best friend was living in a much more desirable area, in a smaller apartment, with a doorman...paying almost double. To make a long story short, the money ain't going as far as it used to.

So...Buying is out. Renting is expensive, and resident salaries are low. New York, New York, it's a hell of a town.

Tomorrow, we go back in....cover us!


Comments Section

I got your back, Jack.

Posted by: joshuabess at March 30, 2004 01:15 AM

I know this sounds crazy, but... you don't have to live in Manhattan, you know.

Another thought: the other residents at Columbia Pres. can't all have sugar daddies. Where are they living?

Posted by: alex at March 30, 2004 10:01 AM

It is crazy man! You don't go to the zoo to look at the people. We (AB and DW) lived on the South Side of Chicago, right? How often did we go downtown? I would venture to say that if we lived on the Northside, Wicker Park, Lincoln Park, we would have gone out more. But since we were on the South Side a car, parking, planning, it all came into play...If you want to do stuff, it helps if there is stuff right at your fingertips. Sure it's a luxury, but as Master Shake says - "Playing is for pleasure".

Posted by: davidissimo at March 30, 2004 10:19 AM

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