23 Crucial Things To Know About Moving To New York City

23 Crucial Things To Know About Moving To New York City

Moving to New York City can be a thrilling experience, full of excitement and adventure. The city that never sleeps is known for its fast-paced lifestyle, diverse culture, and endless opportunities. However, knowing some crucial things before packing your bags and heading to the Big Apple is essential. Whether you’re moving for work, education, or just looking for a change, this article will provide you with our team at SecureSpace Self Storages top 23 things to remember to make your move to New York City a success.

From understanding the city’s transportation system to navigating its high cost of living, this guide will help you prepare for the challenges and opportunities of living in one of the world’s most vibrant cities. So, buckle up and get ready to learn everything you need to know about moving to New York City.

How much to save before NYC moves?

23 Crucial Things To Know About Moving To New York City

Determining how much money to save before moving to New York City is a critical question that requires careful consideration. Many factors come into play, including the individual’s standard of living and expenses. If you are planning to move to NYC, save at least $20,000 to cover the cost of rent, security deposit, broker fees, and other moving expenses.

Renting an apartment in New York City can be expensive, with landlords requiring the first and last month’s rent and a security deposit equivalent to one month’s rent. One-bedroom apartments can rent for as much as $3,000 a month in some neighborhoods, with some brokers charging a non-negotiable fee of $3,000. This means a newcomer to NYC must have at least $9,000 to move into an apartment.

In addition to renting an apartment, other expenses that need to be considered include utility bills, transportation costs, food, and entertainment. Having a solid financial plan in place is crucial to ensure you can cover your living expenses comfortably without running into financial difficulties.

Moving to New York City can be an exciting but daunting experience. With so much to consider, it is essential to do your research and plan. By saving and budgeting appropriately, you can ensure a smooth transition to life in a city that never sleeps.

Get to know the boroughs.

23 Crucial Things To Know About Moving To New York City

New York City has five distinct boroughs, each with its unique character and neighborhood. Despite their differences, they all contribute to the vibrant and diverse culture of the city.

Here is a brief overview of the five boroughs that make up New York City:

  1. Manhattan: The most renowned borough in New York City, Manhattan is famous for its towering skyscrapers and the bustling financial district around Wall Street. This borough also has iconic neighborhoods such as the Upper East and Upper West Side. Manhattan is considered the most expensive borough in the city.
  2. Brooklyn: Known as the most populous borough in New York City, Brooklyn is home to over 2.6 million residents. The Brooklyn Bridge is an iconic landmark that connects this borough to Manhattan. The rent in Brooklyn is higher than that in Queens.
  3. The Bronx: Located in northern New York City, the Bronx has experienced a decrease in crime over the past few years. This borough has a rich cultural heritage and is home to several renowned institutions, such as the Bronx Zoo and Yankee Stadium.
  4. Queens: This borough is home to JFK International Airport and has many neighborhoods designed for middle-class and affluent families. Queens is known for its diverse population, excellent dining scene, and cultural attractions like the Queens Museum.
  5. Staten Island: Located on the southernmost tip of New York City, Staten Island is the least urban borough in the city. It is accessible by ferry or bridge and offers a quieter and more suburban lifestyle than the other boroughs.

Neighborhood matters a lot

23 Crucial Things To Know About Moving To New York City

Choosing the right neighborhood is crucial when moving to New York City, and it’s essential to research thoroughly before deciding. Different neighborhoods have vastly different living costs, which can significantly impact your overall budget. It’s essential to consider your priorities and what amenities you require before making a final decision.

For example, the Upper West Side might be attractive for those with a $3,000 monthly budget, as it can provide a decent one-bedroom apartment. On the other hand, SoHo might be less desirable, as the same budget might only afford you questionable living conditions, such as cramped quarters and poor lighting. It’s essential to assess what you can and cannot tolerate in terms of living conditions and to consider whether you’re willing to compromise on location for a better living situation.

When touring apartments, be mindful of potential red flags, such as poor maintenance, lack of natural light, and signs of pests or other issues. Don’t be afraid to ask questions and voice concerns, as it’s better to be safe than sorry. Ultimately, finding a neighborhood that fits your lifestyle and meets your needs is essential, as this can make all the difference in your overall quality of life in New York City.

Familiarize yourself with broker fees.

23 Crucial Things To Know About Moving To New York City

If you’re planning to move to New York City, one of the things that you should familiarize yourself with is the broker fee. This is a fee that is charged by brokers when you use their services to secure an apartment. It is a common practice in NYC, and locals know this all too well. However, the broker fee can be a shock for those moving to the city for the first time.

The broker fee is typically the equivalent of one month’s rent or 15% of the annual net rent. For instance, if you’re renting an apartment for $2,500 a month, you would need to pay the broker a fee of $2,500. It’s worth noting that this fee is non-negotiable and includes a security deposit and one or two months’ rent.

It’s essential to remember that the broker fee is not for finding you an apartment but rather for opening the door to show you the available units. This means the onus is on you to research and find an apartment that suits your needs. However, brokers still receive a large fee for their services.

As strange as this may seem, it’s how things work in NYC. When moving to the city, adjusting your expectations and budgeting for the broker fee is necessary. It’s also worth noting that broker fees are currently being litigated in court, so it’s essential to stay up-to-date on any changes that may arise.

NYC apartment hunting is tough

23 Crucial Things To Know About Moving To New York City

Finding an apartment in New York City can be overwhelming, especially given the steep competition and high prices. While searching for an apartment in any city can feel challenging, the process in NYC is particularly demanding.

StreetEasy offers a great selection of apartments and an intuitive user experience among the various online resources available. However, it is important to remember that apartment hunting in NYC can quickly become an all-consuming activity, with many individuals spending hours refreshing listings and poring over details.

One helpful tip for streamlining the apartment application process is to request an application from the broker before visiting the property. Completing the application in advance while not submitting the fee can give applicants an edge by demonstrating their severe interest and placing them at the front of the queue.

Of course, it is essential to consider the risks of sharing sensitive information such as bank statements and W2 forms with brokers. Individuals must ultimately decide which option is most comfortable for them and make the right choice.

A physical apartment tour is a must.

23 Crucial Things To Know About Moving To New York City

It is highly recommended that individuals tour an apartment in person before signing a lease agreement. While photos can help glimpse the apartment, they may only sometimes be used to represent the actual space. It is not uncommon for brokers to use stock photos when posting rental properties. Thus, it is important only to sign a lease sight unseen if one is comfortable with surprises, especially negative ones.

Touring an apartment in person allows one to confirm the photos’ accuracy and provides a better understanding of the building and its surroundings. For instance, the ambiance and feel of the building cannot be accurately represented through photos. Therefore, visiting the building in person is recommended to get a more comprehensive understanding of the property.

There have been instances where individuals have toured an apartment only to be surprised by mouse traps in the hallway or other issues that were not visible in the photos. It is thus vital to visit the property in person to avoid these unpleasant surprises, primarily when investing in a rental property.

Allow 1-2 months for apartment search.

23 Crucial Things To Know About Moving To New York City

Allow yourself a reasonable amount of time to find an apartment, preferably one to two months. Although this may seem like a significant amount of time, it is a necessary investment when moving to New York City. We advise subleasing an apartment for at least a month while searching for a more permanent residence.

You can significantly reduce stress and ensure you find the right place by giving yourself a whole month to search for an apartment while living in the city. Signing a year-long lease sight unseen from another state or country can be daunting, and we recommend against it. Additionally, it’s best to avoid renting an apartment without seeing it in person, as this can lead to surprises.

Craigslist is an excellent resource for finding available sublease options if you opt to sublet an apartment. Another alternative is searching for long-term AirBnB rentals lasting 30 days or more. However, it’s essential to note that short-term rentals are not permitted in NYC, but long-term stays are acceptable.

Get ready for insane application paperwork.

23 Crucial Things To Know About Moving To New York City

It is essential to be prepared for the application process when renting an apartment in New York City, as it can be highly intrusive and may vary from one realtor to another. Realtors typically require significant documentation, including two years of tax records, three pay stubs, a letter of employment, a letter from a previous landlord, a screenshot of your savings and checking account balances, and even certified letters from a certified public accountant (CPA). The application process can seem overwhelming and exhaustive, with some realtors requiring an extensive range of personal information.

The reason for such a rigorous application process is that most New York landlords have strict requirements regarding tenants’ income. In particular, they usually require a tenant’s annual income to be at least 40 times the monthly rent. This income requirement ensures tenants can afford the monthly rent, as the cost of living in New York City can be very high.

To calculate the required annual income, multiply the monthly rent by 40. For example, if the monthly rent is $3,000, the tenant’s annual income should be at least $120,000. It is essential to be prepared for the application process when renting an apartment in New York City, as it can be a challenging and time-consuming experience.

Learn to take the subway

23 Crucial Things To Know About Moving To New York City

When moving to New York City, it is advisable to forego the use of personal vehicles and instead opt for public transportation. Statistics indicate that only about 45% of households in the city own a car, and this is not without good reason. New York City streets can be perilous for new residents, making driving hazardous and challenging. Moreover, the cost of owning a car in the city is quite exorbitant, while the scarcity of parking spaces and traffic congestion makes driving unappealing. As such, most residents choose to walk or use public transportation, such as the subway system.

Although the subway system may seem daunting to newbies, it is, without a doubt, the most convenient and cost-effective way of navigating the city. With subway and bus fares  of just $2.67 per ride or $127 per month for unlimited rides, it provides easy access to any part of the city. However, it is essential to note that most New Yorkers also rely on the subway system. As such, rush hour can get quite hectic, and commuters should factor in adequate time for travel when going to and from work.

Forget about moving to NYC in the summer.

23 Crucial Things To Know About Moving To New York City

When it comes to the rental market in New York City is well known for being expensive, and the situation is further compounded during the summer months. This is because many people, such as college students and recent graduates starting their jobs in the fall, tend to move to the city during this period.

The summer season is the most competitive time to secure an apartment in New York City. Due to the limited availability of housing units during this period, prices tend to skyrocket, making it difficult to find a suitable apartment that is also affordable. To avoid the high costs and increase your chances of finding decent accommodation, it is best to avoid moving to New York City between June and September.

By doing so, you can bypass the price surge and get an opportunity to secure an appropriate housing unit. It is especially crucial for individuals on a tight budget, as expenses accumulate quickly in the city. Therefore, plan and ensure that your move is scheduled during a less competitive period.

Discussing air conditioners and heaters

23 Crucial Things To Know About Moving To New York City

Air conditioners and heaters are essential components for surviving in New York City. The summer season in the city can be unbearable without an air conditioner, and it is advisable to budget for one before moving to New York City. The cost of air conditioners typically ranges from $300 to $1,000, depending on the model. Therefore, it is vital to be aware of this expense while planning for relocation.

While budgeting for an air conditioner may seem trivial, it is crucial to consider all expenses that may arise. Paying exorbitant rent prices in New York City can make even a $300 cost seem significant over time. Regarding heaters, most older buildings in the city are equipped with steam heat, which is often provided by the landlord. This is a cost-effective solution for the winter months when heating is necessary. However, the downside is that one cannot control the temperature.

New York winters are notoriously brutal, and steam heat is typically set to two modes: on and off. As a result, residents often need to open their windows to control the heat. Despite the lack of control, steam heat is still a great amenity in the city, and most residents appreciate it.

NYC is too expensive. It’ll make you cry.

23 Crucial Things To Know About Moving To New York City

New York City is widely recognized as an expensive place to live. According to recent data, New York City ranks as the sixth most expensive city in the world.

To survive in this city, you must have a substantial amount of money or a solid plan. At the very least, having a reliable cell phone plan is crucial because you’ll be making many phone calls to your family back home. Everything from groceries to entertainment and rent costs significantly more when you live in New York City, and sometimes it feels like merely waking up in the city will cost you a fortune.

To help alleviate the financial burden of living in New York City, it is vital to secure a stable source of income. Finding a job is critical for not only covering the expenses but also for gaining a sense of stability and independence. It is advisable to start job hunting before moving to the city or as soon as possible upon arrival. A steady income will help you cover the high cost of living and provide a sense of security and stability in this fast-paced city.

Get the job first, then move.

23 Crucial Things To Know About Moving To New York City

It is well-known that many people move to New York City with high hopes and aspirations but still need to secure a job beforehand. However, this is a major issue because finding a job in the city is highly competitive, given its status as the most populous city in the country. As a result, these hopefuls may quickly burn through their savings and need help to make ends meet.

While living in New York City provides access to the best of everything, it is simply only feasible to enjoy such luxuries with a steady income. Therefore, it is crucial to secure a job before relocating to the city. It is not advisable to leave things to chance and assume that some company will take notice of your unique qualities, as the reality is that you will likely be one among thousands of applicants.

One should undertake the necessary groundwork before moving to the city to maximize the chances of success. New York City offers many opportunities and experiences, but if you do not take advantage of them, you may have a less fulfilling experience.

Grocery stores differ in price.

23 Crucial Things To Know About Moving To New York City

When relocating to New York City, it is essential to note that not all grocery stores are equal. One may end up paying exorbitant prices for important items if they are not careful. For instance, shopping at Citarella can be costly, as their prices are considerably high. Therefore, it is advisable to research the grocery stores available and choose wisely.

Trader Joe’s is an affordable grocery store in New York City, with the same prices for all items regardless of location. This makes it a popular choice among residents. However, due to its popularity, one may have to contend with long queues, especially at the Upper West Side branch, the busiest in the world.

Another option worth considering is ordering grocery items from Costco online. This saves one the trouble of physically visiting the grocery store, and the prices are hard to beat. It is worth noting that a Costco membership is not required to shop online, which is a plus. One can save money in the long run by purchasing pantry items such as chicken stock, beans, nuts, and snacks in bulk.

No car is needed for the NYC move.

23 Crucial Things To Know About Moving To New York City

One of the biggest advantages of moving to New York City is the opportunity to leave your car behind, which can result in significant savings. Cars require considerable expenses, including fuel, maintenance, auto insurance, and parking fees. You can save a lot of money by not having a car in the city.

The subway system in New York City is incredibly efficient, despite common complaints about public transportation. It operates 24/7 and provides access to almost every location in the city. At just $2.75 per ride, the subway cost cannot be beaten. There are additional cost-saving options for frequent commuters, such as a 7-day or monthly pass. Furthermore, some employers offer monthly subway passes to their employees.

Therefore, it’s highly recommended not to bring a car when moving to NYC. The hassle of dealing with traffic congestion and parking fees significantly outweighs the benefits of having a car. Parking is costly in the city, and if you park your car in a residential area, you’ll need to move it frequently to avoid incurring fines or penalties.

NYC is an active city

23 Crucial Things To Know About Moving To New York City

New York City is renowned for its active lifestyle, as one quickly learns after moving there. It’s not just the fitness enthusiasts with chiseled physiques running the six-mile loop in Central Park at the crack of dawn. Even the regular folks are incredibly active in this bustling metropolis.

New Yorkers frequently walk, bike, and use the subway system to get around, as many residents need to own cars. Living in New York City involves a lot of walking, stair climbing, and general physical activity, which is advantageous because it helps keep you fit and healthy.

In NYC, people prioritize access over space, meaning they move to the city to experience its energy and vibrancy, not to be confined to their apartments. Therefore, when relocating to New York City, having a good pair of walking shoes is essential to ensure that you can make the most of everything the city has to offer while staying comfortable and healthy.

The city is inspiring and empowers you.

23 Crucial Things To Know About Moving To New York City

New York City has endless possibilities and opportunities that attract people from all over the world. The city’s diversity is reflected in its daily habits, food, and dress, with over 200 languages spoken daily. Unsurprisingly, New York City is considered the most diverse city in the United States.

Life in New York City can make you feel invincible. The city’s dynamic energy and lack of judgment create an environment where you can be whoever you want. No matter your interests or background, you will find a community accepting you with open arms. This sense of belonging and acceptance has many benefits, including increased self-confidence and the freedom to express yourself in ways you may not have felt comfortable doing before.

The city has a way of recharging people and motivating them to pursue their dreams. Many individuals move to NYC to pursue their aspirations, which is a great motivator to keep striving towards their goals. The vibrant and diverse culture of the city inspires creativity and an entrepreneurial spirit, making it an ideal place for those who aspire to make a name for themselves.

Access world-class museums

23 Crucial Things To Know About Moving To New York City

Living in New York City presents an unparalleled opportunity to immerse oneself in art and culture. With a staggering 83 museums, the city boasts an impressive array of world-class institutions, each offering a unique and enriching experience.

Among these museums, The Metropolitan Museum of Art (commonly referred to as the MET) stands out as the fifth largest museum in the world. The MET houses an extensive collection of over two million works of art from various eras, from ancient times to the present day. The museum’s impressive collection includes works by renowned artists such as Rembrandt, Van Gogh, and Monet.

One of the most significant advantages of living in New York City is the opportunity to explore and appreciate these cultural institutions. Families can use this by incorporating regular museum visits into their weekend routine. Such visits allow children to experience world-renowned art and develop a deeper appreciation for different cultures and artistic movements.

Find 24/7 incredible food.

23 Crucial Things To Know About Moving To New York City

New York City’s diverse and vibrant cultural scene has contributed significantly to the city’s reputation as a food lover’s paradise. As a hub of various cultures, the city is renowned for offering exquisite culinary experiences to suit any palate.

Whether you’re in the mood for authentic Chinese dumplings, spicy Indian curries, or classic Italian pizzas, New York City has it all. From Michelin-starred fine dining to street food vendors, the city offers diverse culinary experiences that cater to all tastes and budgets.

One of the most remarkable features of the city’s food scene is its 24/7 availability. New Yorkers pride themselves on their ability to satisfy their cravings at any time of day or night. Whether it’s a late-night snack or an early-morning breakfast, the city’s countless eateries and food trucks ensure you never go hungry. The city’s food scene is so vast and diverse that it’s easy to get lost in various options.

NYC living spoils other cities

23 Crucial Things To Know About Moving To New York City

Moving to New York City can be a life-changing decision that can significantly alter one’s perspective on the world. The city’s unique energy and culture can be refreshing and overwhelming, leading some to experience a sense of disorientation and depression.

However, New York City can be a life-affirming experience that takes time to replicate elsewhere for those who embrace the city’s frenetic pace and diverse offerings. The city’s unparalleled vibrancy and cultural richness can quickly become addictive, leaving one longing for the town long after leaving.

Living in New York City can be financially challenging despite its undeniable allure, with exorbitant rents and high living costs being the norm. However, for those who have fallen under the city’s spell, these challenges are a small price to pay for the opportunity to experience life in the Big Apple.

While the city’s high prices may shock those who have never lived in New York City, they are a part of the city’s unique character and culture. The city’s energetic pace, rich cultural offerings, and unparalleled nightlife can leave one feeling like they have entered a new world, forever changing their perspective.

It’s normal to get depressed after moving to NYC.

23 Crucial Things To Know About Moving To New York City

Adapting to a new environment is a challenging experience that requires significant effort, and the case of transitioning to life in New York City (NYC) is no exception. Despite the dreamy connotation attached to moving to the Big Apple, many people feel depressed after making a move. This reaction may seem counterintuitive, but it’s a common phenomenon attributed to the overwhelming change one encounters when transitioning to life in the city.

NYC is a unique metropolis with its fair share of anxiety-inducing factors. The high cost of living, the constant noise, and the hustle and bustle of the city can leave one feeling stressed and anxious. The culture shock of living in a densely populated city with people from diverse backgrounds can also contribute to feelings of loneliness and homesickness.

It’s crucial to remember that adjusting to a new rhythm takes time and effort, and seeking help is not a sign of weakness. Maintaining one’s emotional well-being is essential to establishing a comfortable and stable routine. This can include engaging in activities that were comforting before the move or finding new ones to explore the city. For example, one may prioritize a morning walk to clear their head and appreciate the city’s beauty while reminding themselves of why one made a move in the first place.

Lots of tourist attractions

23 Crucial Things To Know About Moving To New York City

New York City is a popular tourist destination that attracts millions yearly, eager to experience its diverse culture and world-famous landmarks. From Broadway shows to shopping in Times Square, New York City offers endless opportunities for entertainment and exploration. One of the most iconic landmarks in New York City is the Statue of Liberty National Monument, located on Liberty Island in New York Harbour. A symbol of freedom and democracy, visitors can climb to the top of the statue for breathtaking views of the city and the harbor.

Another must-see attraction in New York City is the Empire State Building. This towering structure boasts 102 floors and is the seventh-tallest building in the city. Visitors can take an elevator to the top and enjoy panoramic city views from the observation deck.

Rockefeller Center is another popular tourist destination in New York City, especially during the holiday season when the large Christmas tree lighting ceremony attracts over 125 million visitors. The center also has numerous shops, restaurants, and attractions, including the NBC Studios and the Top of the Rock observation deck.

Sports fans will want to visit Madison Square Garden, an indoor event arena that hosts professional sports games and concerts. Home to both The New York Rangers and The New York Knicks, Madison Square Garden is a must-visit for sports enthusiasts. One World Trade Center was Built to commemorate the September 11, 2001, terrorist attacks. The One World Trade Center is the tallest building in the United States. It features an observatory deck located on the top floor.

Spend time outdoors.

23 Crucial Things To Know About Moving To New York City

Despite being an urban jungle, New York City offers many outdoor activities and parks for its residents and visitors. The city has 14 miles of public beaches, offering a retreat from the bustling city streets. Additionally, the city is within easy driving distance of popular weekend getaway spots, such as The Hamptons, which is just an hour and 42 minutes away, and the Adirondack Mountains, which is four hours and 41 minutes away.

Here are some popular NYC  parks that locals love to visit:

Central Park: Located between the Upper East Side and Upper West Side of Manhattan, Central Park is the fifth-largest park in the city. It offers a variety of activities, such as boating, biking, and ice skating.

Washington Square Park: Found in lower Manhattan, Washington Square Park is a popular gathering spot and a great place to listen to street music. It features a large fountain, chess tables, and a playground for children.

Theodore Roosevelt Park: Situated next to the Museum of Natural History, Theodore Roosevelt Park is a beautiful green space with plenty of grassy areas for picnicking or relaxing. It is also pet-friendly, making it a great place to take your furry friends.

Pumphouse Park: Located in Brookfield Place, Pumphouse Park is a small but charming park with beautifully landscaped gardens and benches. It offers a stunning river view and is an excellent spot for a peaceful escape.

Inwood Hill Park: Located in Manhattan, Inwood Hill Park is an excellent spot for a family outing or dog walking. It features hiking trails, ball fields, and a nature center. The park is also known for its impressive views of the Hudson River and the Palisades.

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In conclusion, moving to New York City can be both exhilarating and overwhelming. It’s essential to be prepared for the challenges of adjusting to life in a new city. From the high cost of living to the fast-paced lifestyle, there are many factors to consider before moving. However, the rewards of living in this vibrant city are plentiful, with proper planning, an open mind, and a willingness to adapt. From world-class museums and restaurants to the stunning beaches just a subway ride away, there is always something new and exciting to discover in New York City. So, if you’re ready for an adventure and want to experience life in a city that never sleeps, start planning your move today!

Now that you’re up to date on moving to New York City, it’s time to think about what comes next. If you find yourself in need of self-storage near New York City, SecureSpace Self Storage is the way to go. We have facilities located conveniently nearby and each one is constantly monitored for your safety and peace of mind. Plus, we know the area like no other storage facility can – which makes us perfect guides for keeping your items secure. If you are looking for more local information checkout some more of our guides. Thanks For Reading!

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