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Moving to NYC

Posted on 5/8/16 at 1:38 pm
Posted by Beerinthepocket
Dallas
Member since May 2011
889 posts
Posted on 5/8/16 at 1:38 pm
I'll be moving to NYC in a couple months for a 6 year work assignment from Baton Rouge. I'm currently in my upper 20s, single, and will be working at an office in downtown Manhattan.

I'm leaning towards buying a condo (or renting for 1 year then buying) since I'll be there for so long and throwing all my money away on rent sickens me.

Any advice on how to make the most of this adventure?
Posted by lsunurse
Member since Dec 2005
129146 posts
Posted on 5/8/16 at 1:41 pm to
Do you even knew how much condos cost in NYC?
Posted by LSUsuperfresh
Member since Oct 2010
8531 posts
Posted on 5/8/16 at 1:42 pm to
$500,000?
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18419 posts
Posted on 5/8/16 at 1:43 pm to
quote:

Do you even knew how much condos cost in NYC?



If he didn't knew I'm sure he would've asked.
Posted by Ric Flair
Charlotte
Member since Oct 2005
13879 posts
Posted on 5/8/16 at 1:44 pm to
Even if you had the money for a condo, the maintenance fees and taxes would kill you.

Posted by TheIndulger
Member since Sep 2011
19448 posts
Posted on 5/8/16 at 1:46 pm to
What kinda cheddar you gonna be making? How secure is the industry? Will help determine if renting or buying is a better option
Posted by lsunurse
Member since Dec 2005
129146 posts
Posted on 5/8/16 at 1:47 pm to
quote:

500,000?


Quick google showed that average studio condos cost $700,000 on up....for a studio remember. In Manhattan.
Posted by Broseph Barksdale
Member since Sep 2010
10571 posts
Posted on 5/8/16 at 1:47 pm to
A one bedroom condo in Manhattan will run you about a mil. Studio 750k.
Posted by CuseTiger
Member since Jul 2013
9104 posts
Posted on 5/8/16 at 1:47 pm to
Live in hoboken and commute in. Have tons of friends in their 20s living there and say it's the place to be
Posted by lsu2006
BR
Member since Feb 2004
40148 posts
Posted on 5/8/16 at 1:48 pm to
Watch out for SJWs. They caused 9/11 ya know.
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17754 posts
Posted on 5/8/16 at 1:49 pm to
Congratulations man! Single mid 20s earning enough to live in Manhattan. You're gonna love it.

I'd recommend you find a place in close proximity to an "express" train stop. It basically means you can be anywhere in Manhattan within 20mins
Posted by TheIndulger
Member since Sep 2011
19448 posts
Posted on 5/8/16 at 1:51 pm to
Yeah i see one for 659k that's 443 square feet! Talk about claustrophobic. But if you are ballin harder you could pay a million or 2 and have some more legroom.

Posted by dj30
New Orleans
Member since Feb 2006
29855 posts
Posted on 5/8/16 at 1:51 pm to
quote:

earning enough to live in Manhattan.


He didnt say he was living in Manhattan I believe.
Posted by redstick13
Lower Saxony
Member since Feb 2007
41376 posts
Posted on 5/8/16 at 1:53 pm to
quote:

I'm leaning towards buying a condo (or renting for 1 year then buying) since I'll be there for so long and throwing all my money away on rent sickens me.


Did you research this part before accepting the job?
Posted by xxKylexx
Louisiana
Member since Nov 2011
4039 posts
Posted on 5/8/16 at 2:04 pm to
He never said he was living in Manhattan and on top of that, I have some friends there that love it. Me personally, I'd never live there but sounds like you'll be making legit money so have fun and keep us updated.
Posted by Fun Bunch
New Orleans
Member since May 2008
131704 posts
Posted on 5/8/16 at 2:05 pm to
Find a nice or gentrifying neighborhood in Brooklyn or Queens or the Bronx that is relatively close to an express train. You will get way more bang for your buck and the commutes aren't that bad. You'll still pay a lot if its a nice hood but not Manhattan bad.

Do heavy heavy research.
Posted by Fun Bunch
New Orleans
Member since May 2008
131704 posts
Posted on 5/8/16 at 2:06 pm to
Also if Quail Man shows up n this thread I bet he has legit advice.
Posted by GreatLakesTiger24
Member since May 2012
61541 posts
Posted on 5/8/16 at 2:06 pm to
BREAKING NEWS OP: ITS EXPENSIVE TO LIVE IN MANHATTAN
Posted by TigerFanInSouthland
Louisiana
Member since Aug 2012
28065 posts
Posted on 5/8/16 at 2:07 pm to
I'm sorry.
Posted by LSUSkip
Central, LA
Member since Jul 2012
24717 posts
Posted on 5/8/16 at 2:10 pm to
Watch the movie "Ratter"
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