My friends and I are early 30s professionals living in one of America's most expensive cities and making middle-class incomes. None of us can afford to buy or save for a home here. We all rent, but we're not broke. We save for kids and retirement and illness, but a home isn't in the cards. But recently, we think we might have found an unconventional loophole.
His monthly rent has climbed to more than $11,000 a month, from roughly $2,000 when he first opened. Produce costs have spiked under new tariffs. Utilities and fees keep rising. And customers already drained by soaring housing costs are buying less.
Rowynn Dumont, a curator, painter, photographer and writer, lived in about 25 places around the world before settling in New York in 2017. It's where my community and the art world infrastructure already were, said Dumont. Exhibits in Union Square, the Flatiron District, Long Island City and the Lower East Side featured her work. She also co-founded a popular monthly new wave dance party, Black Rainbow, on the Lower East Side that would go until 10am.
