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Ok, please hear me out. I've been reading the comments on this website for a while before deciding to create an account. Based on the average rents in the desirable parts of Manhattan and Brooklyn, the rents are high. A one bedroom in a doorman building is anywhere between $3500 - $4100, and of course the building usually requires that you make at least 40 times the rent. This means that to qualify, you need a household yearly income of at least 140K - ~165K. This is certainly NOT a lot of money, for a professional couple, who more than likely each make a 6 figure income. This has been my biggest issue with deciding whether to relocate to NYC. I work from home and earn a six figure income, but since I'm single, I do not have the same renting power as a professional couple.
I know this is a bit off topic, but as a single professional black woman, I find it disturbing that there's a scarcity of young black women and men working together to ensure a good standard of living in NYC. Just my 2 cents.
Ok, please hear me out. I've been reading the comments on this website for a while before deciding to create an account. Based on the average rents in the desirable parts of Manhattan and Brooklyn, the rents are high. A one bedroom in a doorman building is anywhere between $3500 - $4100, and of course the building usually requires that you make at least 40 times the rent. This means that to qualify, you need a household yearly income of at least 140K - ~165K. This is certainly NOT a lot of money, for a professional couple, who more than likely each make a 6 figure income. This has been my biggest issue with deciding whether to relocate to NYC. I work from home and earn a six figure income, but since I'm single, I do not have the same renting power as a professional couple.
I know this is a bit off topic, but as a single professional black woman, I find it disturbing that there's a scarcity of young black women and men working together to ensure a good standard of living in NYC. Just my 2 cents.
Respond back after 9 months and your statement will be currently different. But yes in the professional market in NYC is mainly white and as recently has become very wasp driven. If I was a black professional, I would look at DC or Atlanta.
Respond back after 9 months and your statement will be currently different. But yes in the professional market in NYC is mainly white and as recently has become very wasp driven. If I was a black professional, I would look at DC or Atlanta.
I don't believe you understood my post. I was making a general statement that NYC rents aren't really that high when you consider two six figure incomes merging together.
Living in DC or Atlanta is the answer. What needs to take place is, more black professionals should seek each other out in NYC and qualify for these apartments in desirable areas.
this is a no-brainer. ok. well when you combine 2 six figure jobs, I don't think ANY rents are too high. with a combined six figure income, it's cheaper to buy a really nice house in Long Island, Nassau. or even Westchester. If they both have good credit of course. To make that kind of income and pay through the roof for some crappy apartment in NYC - you got more bang for your buck elsewhere. Westchester and Nassau county are close enough to Manhattan.
I don't believe you understood my post. I was making a general statement that NYC rents aren't really that high when you consider two six figure incomes merging together.
Living in DC or Atlanta is the answer. What needs to take place is, more black professionals should seek each other out in NYC and qualify for these apartments in desirable areas.
No. I understood your post. Its not expensive if dinks, (dual income no kids) are making 6 separately. I agree with you. But it also depends on life style. 6 figures will stretch in Riverdale, or Staten Island or in Jamaica Estates compared to living in Chelsea, or Tribeca. I know plenty of folks who make 6 figures, but won't do Manhattan.
I don't believe you understood my post. I was making a general statement that NYC rents aren't really that high when you consider two six figure incomes merging together.
Living in DC or Atlanta is the answer. What needs to take place is, more black professionals should seek each other out in NYC and qualify for these apartments in desirable areas.
I think the Black professional scene is more scattered in the NYC area from Brooklyn to parts of Queens to even select suburban cities/villages. We're talking about a metro area with about 3.5 million Black people or so and if you know where to look in the area, you can find concentrations of Black professionals. This thread may give you an idea of what I'm referring to: //www.city-data.com/forum/new-y...mmunities.html (Later pages in the thread has specific areas with information)
Last edited by ckhthankgod; 05-09-2016 at 07:11 AM..
Ok, please hear me out. I've been reading the comments on this website for a while before deciding to create an account. Based on the average rents in the desirable parts of Manhattan and Brooklyn, the rents are high. A one bedroom in a doorman building is anywhere between $3500 - $4100, and of course the building usually requires that you make at least 40 times the rent. This means that to qualify, you need a household yearly income of at least 140K - ~165K. This is certainly NOT a lot of money, for a professional couple, who more than likely each make a 6 figure income. This has been my biggest issue with deciding whether to relocate to NYC. I work from home and earn a six figure income, but since I'm single, I do not have the same renting power as a professional couple.
I know this is a bit off topic, but as a single professional black woman, I find it disturbing that there's a scarcity of young black women and men working together to ensure a good standard of living in NYC. Just my 2 cents.
Are you saying that black professionals in NYC live with/share expenses with a partner at a lower rate than other races? Where is a link to the stats on that?
Ok, please hear me out. I've been reading the comments on this website for a while before deciding to create an account. Based on the average rents in the desirable parts of Manhattan and Brooklyn, the rents are high. A one bedroom in a doorman building is anywhere between $3500 - $4100, and of course the building usually requires that you make at least 40 times the rent. This means that to qualify, you need a household yearly income of at least 140K - ~165K. This is certainly NOT a lot of money, for a professional couple, who more than likely each make a 6 figure income. This has been my biggest issue with deciding whether to relocate to NYC. I work from home and earn a six figure income, but since I'm single, I do not have the same renting power as a professional couple.
I know this is a bit off topic, but as a single professional black woman, I find it disturbing that there's a scarcity of young black women and men working together to ensure a good standard of living in NYC. Just my 2 cents.
Where do you live now?
I would remain working from home and save more $$$$. Retire early.
No. I understood your post. Its not expensive if dinks, (dual income no kids) are making 6 separately. I agree with you. But it also depends on life style. 6 figures will stretch in Riverdale, or Staten Island or in Jamaica Estates compared to living in Chelsea, or Tribeca. I know plenty of folks who make 6 figures, but won't do Manhattan.
Most dual income young professionals prefer Chelsea or Tribeca any day over Riverdale, Staten Island, etc, etc
Last edited by MaryJayne NYC; 05-09-2016 at 10:28 AM..
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