chic,
6 people living in lavish New York City apartments with virtually no jobs!!! You gotta love that!!
After we all learned about Eichlers, let me tell give you a clue about Manhattan rental market:
1 bedroom apartment (500 - 750sf): $2,000 - $3,000 2 bedroom apartment (800 - 1400sf): $3,500 - $7,000
Now, I have seen maybe 5 minutes of Friends - total (when typed in the channel number incorrectly), but it appears to me that their place must have at lest 3, if not more bedrooms, their living room is large, I guess the square footage may be over 2,500sf, which on the open market would get you to $10,000 to $20,000 category (sky really is the limit here)
So you have to figure that that each would have to pay $2,000 to $4,000 per month before taxes, taking into account that New York City is the most heavily taxed place in USA, you have to figure about 50% tax rate, which means they would have to make $4,000 to $8,000 per month or almost $50,000 to $100,000 per year just to pay rent on that place.
Joe |