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Renting an Apartment - Page 2

post #16 of 45
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I have been here my whole life, and you must be living someplace I have never heard of if it is reasonable and nice, because a 1 bedroom 850 sq ft flat in my area is avg price about $700.
A decent (smallish) studio in my neighbourhood runs between $1100 and $1300. You can easily go above that for more modern apartments with more than the basic amenities.
post #17 of 45
That is ridiculous, but then I am sure cheap compared to NY.
post #18 of 45
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(craig @ Mar. 31 2005,12:47) I am in Atlanta and my rent and all utilities are about 15% of my gross.  If you know where to look you can find some nice places in Atlanta very reasonably priced.
I have been here my whole life, and you must be living someplace I have never heard of if it is reasonable and nice, because a 1 bedroom 850 sq ft flat in my area is avg price about $700.
For 850 sq ft in Manhattan, you're looking at $2,000/month at the bottom end.
post #19 of 45
For a true city comparrison of prices. I am in Atlanta right now.  I live in a 2200 sq/ft 2-story penthouse in midtown (on the 38th/39th story) with 3 bedrooms, 3/5 baths, 4 balconies + and 800 sq.ft. private rooftop terrace.  I pay $1950/mo (grant it, I worked out a fairly good deal with the landlord, but still.....). I have a pool, weight room, screening room, etc.  For you folks in Atlanta, it is the Mayfair on the corner of 14th/Juniper. My new condo in NYC - 1100 sq.ft 1 bedroom on the 4th floor.  No balcony, no w/d.  No pool or weight room (full time doorman though).  I am paying $3450/mo.  For you City dwellers, it is on the Upper East - 62nd/3rd. BTW - I did see some very nice 700 sq.ft. on the Upper East that were going for $3300/mo. The building had an indoor-heated pool and health club. Since I could not use the pool as my dining room, I passed.
post #20 of 45
GQ, is the money really worth leaving "The Varsity" and Saturdays at Sanford, the trees, Stone Mtn., the pollen...etc.
post #21 of 45
The Saturdays at Sanford will be sorely missed. I did recently purchase a Greene/Pollock autographed helmet for display in my new office to remind me of what Saturdays were really meant for - SEC football.
post #22 of 45
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For a true city comparrison of prices. I am in Atlanta right now.  I live in a 2200 sq/ft 2-story penthouse in midtown (on the 38th/39th story) with 3 bedrooms, 3/5 baths, 4 balconies + and 800 sq.ft. private rooftop terrace.  I pay $1950/mo (grant it, I worked out a fairly good deal with the landlord, but still.....). I have a pool, weight room, screening room, etc.  For you folks in Atlanta, it is the Mayfair on the corner of 14th/Juniper. My new condo in NYC - 1100 sq.ft 1 bedroom on the 4th floor.  No balcony, no w/d.  No pool or weight room (full time doorman though).  I am paying $3450/mo.  For you City dwellers, it is on the Upper East - 62nd/3rd. BTW - I did see some very nice 700 sq.ft. on the Upper East that were going for $3300/mo.  The building had an indoor-heated pool and health club.  Since I could not use the pool as my dining room, I passed.
Disgusting.
post #23 of 45
My mortgage, association fees, and property taxes (unfortunately here in OC, some neighborhoods have substantial association fees) represent about 12% of my gross income, but in the 2.5 years that I've owned the house, it's appreciated in value 70% and interest rates have increased by 1.5%. If I'd bought the same house now, it would cost me nearly 25% of my gross income.
post #24 of 45
I pay 50% of my net income towards rent.... Yea, NYC sucks. I'm only a year out of school and working my first job. I'm not doing too bad, I know other kids my age who are paying way more than me percentage wise for rent. The other 50% of my paycheck goes to clothes.
post #25 of 45
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For you folks in Atlanta, it is the Mayfair on the corner of 14th/Juniper.
One or two of my friends live there. It's quite nice, and the view of midtown from the balcony is excellent.
post #26 of 45
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The Saturdays at Sanford will be sorely missed.  I did recently purchase a Greene/Pollock autographed helmet for display in my new office to remind me of what Saturdays were really meant for - SEC football.
GQ, the place you're living in now sounds like something out of a rapper video. Sounds very very nice. New York real estate is so excessive...
post #27 of 45
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I pay 50% of my net income towards rent.... Yea, NYC sucks. I'm only a year out of school and working my first job. I'm not doing too bad, I know other kids my age who are paying way more than me percentage wise for rent. The other 50% of my paycheck goes to clothes.
Members, if you see a very well dressed man going through garbage cans in Manhattan looking for scraps of food, its most likely Mike C. Jon.
post #28 of 45
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(Mike C. @ Mar. 31 2005,19:34) I pay 50% of my net income towards rent.... Yea, NYC sucks. I'm only a year out of school and working my first job. I'm not doing too bad, I know other kids my age who are paying way more than me percentage wise for rent. The other 50% of my paycheck goes to clothes.
Members, if you see a very well dressed man going through garbage cans in Manhattan looking for scraps of food, its most likely Mike C. Jon.
Yes, if you see me in my cordovan shoes, Black Label suit, and Paul Smith sunglasses, please drop a quarter in my cup... all this stuff will be out next season.
post #29 of 45
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(Mike C. @ Mar. 31 2005,19:34) I pay 50% of my net income towards rent.... Yea, NYC sucks. I'm only a year out of school and working my first job.   I'm not doing too bad, I know other kids my age who are paying way more than me percentage wise for rent.   The other 50% of my paycheck goes to clothes.
Members, if you see a very well dressed man going through garbage cans in Manhattan looking for scraps of food, its most likely Mike C. Jon.
Half the New York Phillharmonic lives in New Jersey... they're all earning 6 figures, so what does that tell you about NY real estate.
post #30 of 45
I now live in the center of Amsterdam, and while I pay a higher percentage of my net here for housing than I did in Atlanta (Midtown then Dunwoody/SS). Tthat is offset by the fact that I don't need a car here. Due to my location and the nature of the city a car is more of a pain in the a$s than its worth for personal errands. For business stuff I just take one of the office cars. I find that I really like this city life rather than the suburban sprawl that is Atlanta and would gladly pay the premium for it in housing (which is easily offset by lack of car payments, insurance, maintenance and gas). I would presume that it is the same for a lot of people that live in NYC. K GQ, the Mayfair is a sweet building. Also had a few friends there, but none of them in multistory penthouses. There are some things that you are going to miss about Atlanta. For me one is Sunday Brunch at Front Page News with the Bloody Mary bar....
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