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Old 06-13-2008, 10:22 AM
 
52 posts, read 202,985 times
Reputation: 18

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Hey guys,

I've recently been given a really nice offer to study at Parsons, but I'm trying to work out if I'll be able to afford the move. Living in New York (like many) is something I've pretty much dreamed of doing most of my life, so I'm really hoping this works out.

I'm a 24 year old white male, willing to spend up to $1500 per month.
Is this amount sufficient to find a studio/1bed in a safe/happening area? It doesn't have to be in Manhattan, but if possible, I'd like to be as close to Parsons as possible (i.e. not have to endure a 1 hour train ride).

Thanks!
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Old 06-13-2008, 10:52 AM
 
Location: Eastchester, Bronx, NY
1,085 posts, read 2,292,966 times
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Quote:
Originally Posted by chopsky View Post
Hey guys,

I've recently been given a really nice offer to study at Parsons, but I'm trying to work out if I'll be able to afford the move. Living in New York (like many) is something I've pretty much dreamed of doing most of my life, so I'm really hoping this works out.

I'm a 24 year old white male, willing to spend up to $1500 per month.
Is this amount sufficient to find a studio/1bed in a safe/happening area? It doesn't have to be in Manhattan, but if possible, I'd like to be as close to Parsons as possible (i.e. not have to endure a 1 hour train ride).

Thanks!
Parsons (correct me if I'm wrong) is on 5th Avenue and 13th Street so you'd be close to Union Square.

I don't think it would be too difficult to find something in the Upper West Side at $1500. In the other boroughs, you could try Astoria, Queens where the N Train goes and it's only about 20-25 minutes away from Union Square. Or you check out Park Slope or Greenpoint in Brooklyn.
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Old 06-13-2008, 11:20 AM
 
52 posts, read 202,985 times
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Quote:
Originally Posted by K 22 View Post
Parsons (correct me if I'm wrong) is on 5th Avenue and 13th Street so you'd be close to Union Square.

I don't think it would be too difficult to find something in the Upper West Side at $1500. In the other boroughs, you could try Astoria, Queens where the N Train goes and it's only about 20-25 minutes away from Union Square. Or you check out Park Slope or Greenpoint in Brooklyn.
Yeh, I can't seem to find much in the no-fee department on Craiglist in those areas. Though I'm only looking at listings with images.

Should I assume Upper West Side is the best/nicest option of the ones you mentioned?

Last edited by chopsky; 06-13-2008 at 11:49 AM..
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Old 06-13-2008, 12:03 PM
 
Location: Eastchester, Bronx, NY
1,085 posts, read 2,292,966 times
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Quote:
Originally Posted by chopsky View Post
Yeh, I can't seem to find much in the no-fee department on Craiglist in those areas. Though I'm only looking at listings with images.

Should I assume Upper West Side is the best/nicest option of the ones you mentioned?
"Best" in terms of distance from Parsons, certainly.
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Old 06-13-2008, 12:08 PM
 
7,079 posts, read 37,944,603 times
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I'm not sure that $1500 is enough for anything on the UWS, even for a studio, especially considering the 40x income requirement.
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Old 06-13-2008, 12:57 PM
 
52 posts, read 202,985 times
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Originally Posted by Viralmd View Post
I'm not sure that $1500 is enough for anything on the UWS, even for a studio, especially considering the 40x income requirement.
Not particularly worried about the 40x income requirement.
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Old 06-14-2008, 01:06 PM
 
Location: NYC
172 posts, read 476,109 times
Reputation: 121
Take at look at nybits.com for no-fee rentals, direct from managing agents and buildings. From search I just did there, looks like you might need to push your budget to around 1700 for the East Village or Lower East Side ... or maybe you could find 1500 on the Upper East Side, which is more of a fratboy scene, though. Good luck!
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Old 06-14-2008, 01:13 PM
 
12,340 posts, read 26,135,160 times
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Quote:
Originally Posted by chopsky View Post
Not particularly worried about the 40x income requirement.
I don't understand this comment. It's the landlord's requirement, not a guideline for how much you should be paying (though actually I guess it sort of serves as one).

If you make $60,000 a year then why are you worried about being able to afford to come? It's not a grand salary but you will be fine. Also how will you be working to make 60K per year and also be in school?
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Old 06-14-2008, 01:18 PM
 
12,340 posts, read 26,135,160 times
Reputation: 10351
Quote:
Originally Posted by K 22 View Post
Parsons (correct me if I'm wrong) is on 5th Avenue and 13th Street so you'd be close to Union Square.

I don't think it would be too difficult to find something in the Upper West Side at $1500. In the other boroughs, you could try Astoria, Queens where the N Train goes and it's only about 20-25 minutes away from Union Square. Or you check out Park Slope or Greenpoint in Brooklyn.
I agree with the Astoria and Greenpoint suggestions. But Park Slope and Upper west Side are going to be more than $1500 for an apartment, I think. Unless you go over to south slope/gowanus, or if you think the Upper West Side includes washington heights and inwood.

To the OP - What if you look in Astoria in the $1300-$1400 range and look for ALL apartments including the ones where you pay a fee. The consensus on here usually is that you can get a better apartment when you are willing to pay a fee. And I believe $1300-$1400 is reasonable for astoria. Check Astorians | Astoria New York, Long Island City, Queens West. for discussions about what people are paying.
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