Hacker News Reader

Comment by zaidf | Hacker News Reader

Finding a decent true 2 bed room apartment in Manhattan will cost you $4,000 too.

Come on!

Even ignoring north of 96th street (which, check a map, is part of Manhattan) there are plenty of neighborhoods where you can find a two bedroom for $3k or less. Yorkville, Chinatown, far LES, parts of alphabet city, the far west 30s, and probably others I'm not familiar with.

That you could say such a thing says more about you than the rental market.

Those are the exceptions not the rule. And majority of the so-called true 2 bed room are flex twos.

See: http://newyork.cbslocal.com/2013/07/10/average-new-york-city...

See also: San Francisco. The average for a one-bedroom here just crossed the $3,000 mark.

I'm in a 3bd apartment on Manhattan that costs less than $2000/month. Articles always cherrypick luxury apartments in the most expensive areas.

I live here, and that sounds really unlikely to me. Where are you? Is there any subsidy involved?

No subsidy. Most of my non-wall street friends pay in the $600-800 range as well. Among this subset, the farthest one to the south is on 106th, and the farthest one north is on 160th. I'm 1/2 a block from the nearest A/C/E station and about 4 streets/a 5 minute walk from the 1.

600-800 per bedroom/month? (Ie: 1200-1600 for a 2 bedroom apartment)? Or did you mean something else?

Yes, per bedroom per month. It's more like $1800-2400 for a 3br though, because those appear to be the most cost-efficient. Off the top of my head, I remember visiting one place that was a 2br for $900/person (including utilities) around 140th which I liked, as it was quite spacious, but it was a bit out of my price range. IMO, if I had $1100/month or so I could have found a place in a great 2br pretty easily though. Quality seems to vastly improve with each additional $200/month.

Oddly, Brooklyn and Queens were not cheaper.

But it is obviously Harlem and not what people usually mean by "in Manhattan"

You...do realize Manhattan is an island, right? The boundary between Manhattan and not-Manhattan is pretty clearly delineated.

Reply on news.ycombinator.com