Quote:
Originally posted by thethrillfactor
Here in NYC(especially Manhattan) where the average price for a 1 bedroom apartment is $1500 a month, real estate is at a premium.
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I think $1,500.00 is actually the average rent for a studio (0 bedroom) apartment (unless you factor in low-income housing).
I am convinced that the only way for a high-end recording studio to succeed (or maybe just survive) in Manhattan is for it to own its property and have enough extra rooms to generate a revenue stream from rent on unused space.
But right now the costs are simply prohibitive unless you win the lottery or a few of us pool our resources.