clock menu more-arrow no yes

Filed under:

Trying to Stick to a Low Floor- On a Budget

New, 1 comment

If reading The Hunt stokes your deepest hopes that someday everything in life could work out, then you, too, are obsessed with the New York Times Sunday Real Estate section. Join us as we venture into the depths of this weekend's installment.

Lynn and Robert Gall lived all around the world, but were convinced that big city life was cut out for them. After having lived in Florida, Hartford, England and Massachusetts they decided that living in New York was their next move. They didn't know what was in store for them, setting a budget of $2,750 for a two bedroom with a nice kitchen that isn't too many flights up. Needless to say, the budget was adjusted as reality set in but they found something not too out of their range in Chelsea. Maybe a trip to some apartments in Brooklyn would have been good for these two?

Their goal was a two-bedroom with a good kitchen, since both are avid cooks. To keep costs down, they preferred a no-frills walk-up building, as long as they didn’t have to climb more than three flights. Their budget was $2,500 a month. Actually, it was $2,750 a month, Mr. Gall said, but “one of the things you learn in negotiations is don’t start out at your target.

At a walk-up building in the East Village, there were two places on the sixth floor, one for $2,600 a month, the other for $2,900. The interiors were beautifully renovated. But the Galls knew they would be lugging heavy groceries and art books. They decided to draw the line at two flights up.

A sunny two-bedroom on a busy retail block in Greenwich Village, for $2,600, was on the fifth floor. “I warned them beforehand,” Mr. Gindi said.
Aside from the climb, the location “wasn’t a good fit for us, with all the students and the lifestyle,” Ms. Gall said.

Mr. Gindi took them to a two-bedroom in Chelsea, renting for $3,395 a month. It was the largest, nicest, priciest place yet.

“You don’t want to be rent-poor, where you can’t go out and enjoy the city.” But they decided that even if they had to see fewer Broadway shows and forsake the orchestra section for cheaper seats, the place was worth it.

They accept weekend street noise as a fact of city life. “This is Chelsea,” Mr. Gall said, “so you plan your Friday and Saturday nights. You are either going to be out, or you are going to be up.”

· A Base Camp for Urban Exploration [NYT]