Posted on 05/03/2023 6:00:01 PM PDT by lowbridge
Sonia Hendrix, the 37-year-old founder of Gallery PR, almost fell off her couch after opening an email from her property manager, indicating that her rent was being raised to $5,500 per month for her one-bedroom apartment in Tribeca. When she moved into the unit in June 2021, her rent was $4,100. Hendrix called it a “sweetheart COVID deal.” But now, after living in New York for close to 10 years, she’s rethinking her situation—and that could mean leaving the city.
Her apartment is directly in front of the Greenwich Hotel, Hendrix says, calling it a “prime location.” However, besides the location and a doorman, there’s nothing special about it. In fact, she says, the lobby and hallways are worn down, and she lived without a functioning bathtub for a year. Hendrix attempted to work something out with her property manager, asking them to reconsider the increase because she’s been a good tenant, but she was instead told, “You’re lucky we didn’t raise it to this last year.” After choosing not to renew her lease, and having to move out by the end of May, Hendrix started looking around at apartments and condos on the market to see if she could afford to take the next step and buy. She was looking at homes particularly in Chelsea because, after living all over Manhattan, Hendrix says she knows what she wants.
“It’s really underscored for me like, ‘Wow, I am so far away from being able to purchase an apartment, a condo, a home,’” Hendrix tells Fortune. But the homes she looked at range from $1.3 million to $1.5 million because, Hendrix says, she refuses to go “backwards” in terms of her living situation, as her level of happiness affects her productivity. Still, Hendrix makes a little over $200,000 annually after taxes,
(Excerpt) Read more at fortune.com ...
I thought New York had rent control.
After federal, state, and city taxes she’s lucky to bring home $40,000 out of which to pay rent, etc.
She refuses to go backwards in her living situation.
Well, we all want things we can’t have.
You pay a premium price to be in a nicer more upscale Manhattan neighborhood. That’s just a fact of life. Everyone here can name certain nicer areas in your hometown, which you will pay more to live in.
Let me start a ‘GoFundMe’ site for the poor thing.
Awwww,....this is kind of too bad.
If you read the article you would not have made that post!
“she refuses to go “backwards” in terms of her living situation, as her level of happiness affects her productivity.”
Hahahaha
The article says she make $200k after taxes. So probably $300-$350k before taxes.
She’s making $16k a month net so she can easily afford to spend $5500 a month on her apartment. Still leaves over $10 grand for utilities, food and other incidentals. SMDH.
She’s making 200k AFTER taxes and can’t shell out 1.5 million? She’s just cheap.
“A millennial New Yorker earning $200,000 is rethinking her ‘toxic relationship’..”
A toxic millenial New Yorker...
.
Ping!
You are entitled to rent control if you have lived continuously in your apartment since 1965, or are the lawful successor to such a tenant.
Shes an adult who votes and makes choices and don’t need no man.
A VERY small percentage of NYC apartments are truly “rent controlled.” There are rules all landlords have to follow about how much they can raise their rents, but there are ways around it. Rents are sky high in NYC right now. And people are paying them.
Don’t come to TN Lady.
‘Twould appear that her income is far, far above her IQ. But, she’s in PR, so intelligence is not a factor.
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