elecktrobunny t1_j7y42s8 wrote on February 10, 2023 at 5:43 AM

Reply to comment by TheSheikYerbouti in Median New York rent passes $4,000 a month in January by geoxol

No offense but I'm in queens, 15 mins from midtown and $1640/mo for a one bedroom. Rent stabilized been here since 2011. To also have to pay for a car....yeesh.

TheSheikYerbouti t1_j7y4xwx wrote on February 10, 2023 at 5:52 AM

No offense taken at all. But getting a rent stabilized place is key. Not everyone has that luxury

TarumK t1_j7zb1ux wrote on February 10, 2023 at 2:05 PM

I think you're confusing stabilized and controlled. A huge fraction of the buildings in NY are stabilized b default. If you rent a stabilized building now you're gonna pay market rate, and the rent's gonna go up 3/4 percent annually. In a couple years you'll probably be below market, but not that far below market. It's really only gonna be way below market if you've been there 20 years. But it's not hard to get at all.

elecktrobunny t1_j7y8dnt wrote on February 10, 2023 at 6:31 AM

Hrm, I sort of fell into it and not sure I'd call it a "luxury" just a native New Yorker who legit ear to the ground of friends apt buildings and what opens when.

[deleted] t1_j7yofmi wrote on February 10, 2023 at 10:06 AM

"Sort of fell into it" is called getting lucky. Not everyone has the luxury to fall into units that everyone else in the building has to subsidize.

IGOMHN2 t1_j7z3662 wrote on February 10, 2023 at 12:59 PM

I got lucky. Why doesn't everyone else get lucky too?

maximalentropy t1_j7zrwbb wrote on February 10, 2023 at 4:02 PM

I call BS, even from Long Island city it’s 20 minutes door-to-door to midtown. You’re not finding 1 bedrooms at that price even deep into Flushing

elecktrobunny t1_j7zz8iv wrote on February 10, 2023 at 4:50 PM

I'm in Woodside- lirr to penn station is 9 minutes.