New York
How to Make New York City More Affordable: 40 Big Ideas
Is New York City running out of ideas to solve its once-in-a-generation affordability crisis? Bleak new superlatives about the cost of living are piling up: About half of city households are struggling to pay for basic necessities, New York has the lowest apartment vacancy rate in a half-century, and about 146,000 homeless children are enrolled in local schools.
Many New Yorkers say that politicians are not doing enough to address the magnitude of the problem. So we asked dozens of New Yorkers — from think tank experts to delivery workers to high school newspaper editors — to offer one idea, big or small, that could help break the logjam. Here are some of the most provocative suggestions on an issue that is sure to dominate city politics this year, as voters choose a mayor.
Interviews have been edited and condensed for clarity.
To build more housing
Construct affordable housing on public housing parking lots …
The Rev. David K. Brawley, pastor of St. Paul Community Baptist Church in Brooklyn
There’s probably not a week that goes by when I don’t have to say goodbye to members of our congregation, because they can’t afford to stay here. We want to keep people in this city who have built this city.
We’ve identified New York City Housing Authority parking lots that could create about 15,000 homes for seniors. Seniors can leave oversized apartments in New York City Housing Authority developments, and that way families on wait-lists for NYCHA housing can move out of shelters and into public housing.
on top of public libraries …
Brian Bannon, who oversees The New York Public Library’s 88 branches
Projects like the newly opened Inwood Library and the forthcoming Grand Concourse development exemplify how libraries can become engines of opportunity.
… and use old Staten Island Ferry boats in dry docks as temporary housing
Nicholas Siclari, chair of Community Board 1 of Staten Island
Allow housing in backyards
The Rev. R. Simone Lord Marcelle, president of the Southeast Queens Chamber of Commerce
Homeowners should be able to allow their adult children to erect a foldable, tiny home in their backyards with a simple permit. This will solve the housing problem for many, and free up some of the overcrowded shelters costing the city so many billions of dollars.
Build more six-story buildings, and fast!
Eric Kober, senior fellow at the Manhattan Institute, a conservative think tank
Back around 1960, building rules allowed six-story apartment buildings almost everywhere in the five boroughs, and far more housing was built than today. After 1961 the rules changed: Large areas now allow only small homes, or don’t allow housing at all. There’s no way for entrepreneurial builders to meet the city’s strong housing demand. We need to go back to flexible rules once again allowing as many new six-story apartment buildings as we can get.
Find space for 12,000 new, actually affordable apartments …
David Giffen, director of Coalition for the Homeless
Trickle-down housing policies do not work, and so the city should invest in building at least 12,000 new units of deeply subsidized affordable housing per year for five years, with half of those units targeted specifically for homeless households and half for extremely low-income households.
… and use modular construction to help build all of it
Josh Greenman, managing editor of the policy journal Vital City
Minneapolis and other cities are using modular construction to reduce costs and speed up timelines in affordable housing construction. A decade ago, a high-profile New York City experiment in using this technology didn’t succeed. We should try again.
Revamp zoning laws to focus on housing, not manufacturing
Gregg Pasquarelli, founding principal of SHoP Architects, the firm that designed Barclays Center
We have an abundance of underutilized manufacturing areas that could easily be transformed — without displacing a single resident — into hundreds of thousands of units of affordable housing. We’ll need to be creative about what programs go into the ground floors of these buildings so the new areas evolve as real New York City neighborhoods.
Don’t stop there! Deregulate the housing market
E.J. McMahon, senior fellow at the Empire Center for Public Policy, an Albany think tank
Don’t just loosen permitting requirements and zoning restrictions to promote more housing construction, consistent with health and fire safety, of course. But also eliminate rent regulations, reform inequities in property tax treatment within and between different classes of residential properties, and reduce property taxes in general.
To make housing more affordable
Make it illegal to charge more than 30 percent of household income for rent
Lauren Melodia, an economist at the New School’s Center for New York City Affairs
That law could also guarantee that new and renewed leases would not be tied to an abstract idea of “market rate” housing, but to each tenant’s actual earnings. That would help end the rat race of people negotiating better wages only to have them swallowed by higher rents, or having to move because the “market rate” in their neighborhood exceeded their wages.
Fund housing vouchers to shrink the shelter population
Beatriz de la Torre, oversees philanthropy at Trinity Church
New York City spends over $2 billion on homeless shelters. Shifting a significant portion of that funding toward housing vouchers will ensure all New Yorkers have access to long-term, affordable homes.
Eliminate citizenship requirements for those vouchers
The Rev. Chloe Breyer, director of the Interfaith Center of New York
Do away with the citizenship requirements for housing vouchers so more vulnerable new and longtime New Yorkers can access the apartments they and their families need.
Lower taxes on rental buildings
Carol Kellermann, former president of the Citizens Budget Commission
Revamp the property tax system so that co-op, condo and single-family units’ taxes are more closely related to their real market value — which would make it possible to lower the taxes on rental buildings, where higher taxes are passed along to tenants in their rents. This would mean, for example, that Manhattan townhouses would pay more while large rental apartment buildings in the Bronx would pay less.
Give mom-and-pop landlords more tax breaks
Elizabeth Morrissey, president of Brooklyn’s Madison-Marine-Homecrest Civic Association
The city gives tax breaks to big developers — what about small landlords? Most small landlords own buildings or homes that were passed down from family and want to continue to provide reasonable housing, but the city keeps squeezing them, so they sell to big developers.
Give homeowners relief from the cost of local laws on climate and repairs
Rod Saunders, board president of Co-Op City in the Bronx
Co-op City has 15,372 apartments in 35 high-rise buildings. Every local law that we have to comply with becomes a financial burden upon our shareholders. For example, complying with Local Law 11, which requires regular facade inspections, cost shareholders $77 million between 2018 to 2024. The incredibly expensive process cycle will begin all over again this year.
Create an affordable housing program for teachers
Emmanuel Jeanty, eighth-grade public school teacher and real estate agent
New teachers make about $62,000 a year, but to afford an apartment in New York City, you have to show proof of income that is 40 times the rent. And at the same time, veteran teachers are often left out of down payment assistance programs because the income cap is too low.
My wife and I make decent money, but we’re paying for child care for both our kids, plus our apartment in Brooklyn, plus living expenses.
I applied for affordable housing and I got denied because when they looked at our income we made too much, by just a small amount. My wife and I are talking about whether we need to leave New York. We can’t afford it and be able to live comfortably. I want to be able to put my daughter in swimming, gymnastics and dance classes.
To make it easier to raise a family
Better support thousands of struggling child care workers
Nordica Jones, nanny and mother living in Brooklyn
When my first son finished high school and we were looking at colleges, he turned to me and said: “Mom, I don’t want to go to college because you are already working three jobs. I don’t think we can afford it. I want to work and help you. Maybe my younger brothers can go.”
And now, my youngest is an honor roll student in high school, and I still don’t have a clue on how I will be able to afford it.
Working with children brings me joy. But I am wishing I didn’t have to work a full three weeks just to pay my rent, and one week to struggle to pay for food and utilities.
Mandate child care in big new buildings
Claire Weisz, a founding partner of the design and architecture firm WXY
All buildings over 20,000 square feet should set aside 2,000 square feet for child care, paid for through a tax on real estate.
Create 24-hour child care centers for essential workers
Robert Cordero, director of the Lower East Side social service group Grand Street Settlement
At the same time, encourage local businesses to partner with child care providers, offering on-site child care or subsidies for employees. Offer tax incentives or grants to child care providers who offer nontraditional hours or weekend services.
Add a few days to the school year to reduce child care costs
Kenneth Adams, president of LaGuardia Community College in Queens
Lower the cost of child care by extending the New York City Public Schools calendar from 180 days to 190 days, a two-week difference. Families will save on child care and students who fell behind during the pandemic will get help catching up.
Create a diaper stipend for low-income families
Courtney Crawford, president of the charity Little Essentials, which has distributed 1.4 million diapers since 2011
Fund universal after-school programs …
Grace Bonilla, president of the charity United Way of New York City
As a mother of three sons, I know what it’s like to balance home and work. After-school programs would ease the financial burden on working families and would provide children with further opportunities to develop.
… and what about after-school activities that help migrants adjust to New York?
Annie Polland, president of the Tenement Museum
When immigrants made up 40 percent of the city’s population at the turn of the 20th century, schools created curriculum aimed at Americanizing immigrant students.
We should draw on this history, and use before- and after-school programs for enrichment for migrant students and their classmates. I’d love for this generation of “Americanization” programs to focus on civics, debate and American history and cultural pluralism, and be available for all students.
Create meal swipes for high school students
Bridgette Jeonarine, Toluwanimi Oyeleye and Isabella Zapata, editors of The Classic, Townsend Harris High School’s student newspaper
Even though the city offers free breakfast and lunch in schools, students study long after the school day ends, often doing homework and meeting up with friends in local restaurants. Students often have to pick between fast food and expensive options. But subsidized, college-style meal swipe plans and more student discounts offered at restaurants near schools could help make it more affordable to eat healthy.
Consider local alternatives to college
Carmen Salas, instructor and former student at Brooklyn’s Marcy Lab School, which prepares high school graduates for careers in tech
Going to college was the path that I’ve been told to take my whole life. But when I actually got to college, I felt limited. I knew I wanted to be a software engineer, and I wanted to code, but I wasn’t able to do that. Coding boot camps were expensive, but Marcy was free.
I think about how much time I saved not being in college and being able to step into a job immediately. That was pretty game-changing. It’s put me in a position to be able to save a lot earlier, and to be able to help my family out at a much younger age than I was expecting to.
To put public benefits to work
Increase the minimum food stamp benefit to $100 a month …
Jilly Stephens, chief executive of City Harvest, which works with over 400 local food pantries
Visits to local soup kitchens and food pantries are at a record high. The state must increase the Supplemental Nutrition Assistance Program minimum benefit from $23 per month to $100 per month — similar to what New Jersey has done. As anyone who has bought groceries recently knows, $23 doesn’t go very far at the supermarket.
… and find new locations for more food pantries
Gordon Turner, a City Harvest recipient and volunteer
I live in public housing on Dyckman Street in Manhattan, and I know people up in Riverdale, in the Bronx, and people on the Upper West Side come up here to get food from the pantries here. Food pantries can be in so many other areas, like more churches, community centers and senior centers.
Fill the many vacant jobs that help New Yorkers access affordability programs
Caitlin Lewis, director of Work for America, which helps local governments recruit talent
Time is money, and New Yorkers applying for affordability programs are losing a lot of it due to city staffing shortages. The city should take executive action to fast-track hiring for “affordability roles,” like food stamp eligibility specialists, employees that help New Yorkers with Section 8 housing vouchers and benefit caseworkers. These roles generally pay around $50,000 to $65,000, so they also provide stable jobs.
Fund free, universal health care coverage
Vanessa Leung, co-director of the Coalition for Asian American Children and Families
While we work toward a single-payer system, we should create more opportunities for free health screenings, free dental care and free vision care.
Help elderly New Yorkers get benefits they already qualify for …
Jonathan Bowles, director of the Center for an Urban Future, a think tank
About 18 percent of city residents over 65 are living in poverty, and tens of thousands of those seniors are eligible for benefits but do not take advantage of them — often because they don’t know about them. Those benefits include food stamps, home energy assistance, pharmaceutical insurance coverage and rent increase exemptions. The city should create a marketing and outreach campaign, and should match people’s records to programs for which they are eligible.
… and help families apply for child care benefits
Grace Rauh, director of the 5Boro Institute, a think tank
Families with young children are fleeing the city to escape rising child care costs and the high cost of housing. The city should make it easier for families to apply for child care benefits they are eligible to receive, streamline the process for child care providers to open new businesses, and continue expanding free early childhood programs like 3-K.
Make it easier for small businesses to get grants
Natalie Ramones, director of operations at Mamita’s Ices in Queens
We supply ices to bodegas across the city, and while we continue to produce our ices here, we find it challenging to scale in our city due to high operating costs. The city provides incentive programs and grants for small business owners, but actually obtaining them is difficult. City officials should streamline the application process, making it easier for business owners to take advantage of them.
To improve the city’s streets, transit and culture
Transform vacant storefronts into legal weed dispensaries
Sasha Nutgent, director of retail at Housing Works Cannabis Co
Turn vacant storefronts into mini, licensed cannabis dispensaries with affordable rent for small, local and equity-driven operators — and decrease the 13 percent sales tax on legal weed products. Then use that tax revenue to fund other affordability programs across the state.
Pilot one day a month of free subway rides
Selena Blake, owner of Selena’s Gourmet, a Queens dessert company
I would love to see a day in which the subway is just free one day a month. Give us something, because the taxes, the this, the that — it’s like you’re parenting a child and all the kid is hearing is no. At some point, for God’s sake, say yes to him. You can do this, you can just give something back.
Fund free Metrocards for CUNY students
Salimatou Doumbouya, student at the New York City College of Technology
Free MetroCards for students should be a basic necessity for a commuter college like the City University of New York. Students endure daily financial challenges, which are barriers to fulfilling their degrees.
Get the buses to go faster
Ranae Reynolds, director of the Tri-State Transportation Campaign
A citywide bus rapid transit network with dedicated lanes and signal priority would cut commute times for low-income New Yorkers, especially those in transit deserts, while lowering emission pollution.
Make it easier for the city’s 65,000 delivery workers to get to you
William Medina, food delivery worker
I’ve had to pay for everything myself, out of my pocket, to do this job. Since 2018, I’ve had six electric vehicles, and have spent around $25,000 on vehicles, gas, supplies, insurance. The apps don’t provide us with anything related to the costs of the vehicles we operate every day. We would love for the companies to pay some of the costs for the people who do this job.
Every time we have to change the wheels, it’s between $600 and $700.
Then there is the equipment we use for every season, especially winter time. It’s really crazy. You cannot buy a regular jacket; you have to buy a very good quality jacket, that is very expensive here, and warm pants, boots, gloves.
If I don’t collect enough money, I can’t go back home because I have to pay the rent. New York City is expensive, but as a delivery worker, in my honest opinion, it’s about how to survive in this city.
Stop charging so much for cultural sites
David R. Jones, president of the Community Service Society, an anti-poverty group
Let’s dust off the fact that museums, zoos and botanical gardens, when receiving money directly from the city and also not paying taxes, should provide free admission to all city residents as envisioned by Mayor La Guardia when he provided city funding. Now a visit to the Museum of Natural History can cost almost as much as Disneyland, and often the “free” options are limited to a day in the middle of the week, like at the Bronx Zoo.
No more starving artists: put them to work in city institutions
Stephanie Hill Wilchfort, director of the Museum of the City of New York
Thirteen percent of New York City’s economic output is generated by creative workers, but a majority of artists earn less than the living wage. Reimagining a New York City version of the 1930s-era WPA Federal Art Project, which employed over 10,000 artists at institutions like the Museum of the City of New York, would put money in the pockets of creative workers.
Put on more plays, in more places, more often
Meghan Finn, artistic director of the nonprofit arts center The Tank
It’s more expensive than ever to see plays, and artists are struggling to make it in New York City. Part of the problem is that most local theaters are only open a fraction of the time, and rent out their space when they are dark. That model broke down during the pandemic. There’s a different way to do this: We provide our space free for artists and then we split box office proceeds with them. We also pop-up in studios and theater lobbies to help theaters make up for lost revenue and put on multiple shows in a single evening.
New York
How a Family of 5 Lives on $46,000 a Year in Wakefield
How can people possibly afford to live in one of the most expensive cities on the planet? It’s a question New Yorkers hear a lot, often delivered with a mix of awe, pity and confusion.
We surveyed hundreds of New Yorkers about how they spend, splurge and save. We found that many people — rich, poor or somewhere in between — live life as a series of small calculations that add up to one big question: What makes living in New York worth it?
Glennys Torres’s door in the Bronx is, at once, a portal to a small business and a home. Stepping in, a cacophony of children’s voices rises from the first floor. Along the stairs that lead to the second floor are paper tapestries covered in finger paint drying in the midafternoon sun.
These are the early signs of a business beginning to flourish, but one that comes with risks.
For much of her adulthood, Ms. Torres, 36, worked long hours as a teacher’s assistant in Manhattan, living in her mother-in-law’s rent controlled apartment in the Bronx with her family of five.
But after 10 years, Ms. Torres felt as if her wages were stagnating at the same time the city was getting more expensive. Despite a decade of experience, she lacked a teaching degree, which prevented her from getting raises, she said.
So last year, Ms. Torres made the decision to leave behind the security of her job to start a day care — one that she hopes will eventually offer her family the ability to propel themselves across income brackets and ZIP codes.
“I know one day I’d like to have a house with a backyard where my kids can play and get dirty and I can garden,” said Ms. Torres, who immigrated to New York from the Dominican Republic at 18. “I don’t need luxuries, I would still manage my business but just maybe from a house upstate. It would be nice to not worry about rent every month.”
Budgeting with Debt
Before opening the day care, Ms. Torres earned $46,000 annually, which amounted to roughly $36,000 a year after taxes. Her husband, Edward Torres, 39, works part time as a home health aide and his earnings brought the family’s after tax income to roughly $45,000.
The income wasn’t high enough to qualify for small business loans, so Ms. Torres took what little savings she had and poured it into the lease for the day care. That cost $10,500, including first and last month’s rent plus a security deposit.
The family now lives on the second floor of the building in the Wakefield section of the Bronx and operates the day care downstairs.
“I feel proud, but, at the same time, I feel a lot of fear because what happens if none of this works? What will I do then?” Ms. Torres said. “I used to cry every first day of the month because I knew rent was due. I still do cry — a lot.”
At first, the business was slow to take off. For six months, they only had one student. Ms. Torres would compose herself in front of parents, but would often go to an empty room to sob alone.
Today, the family pays $3,500 a month for a renovated 3-bedroom apartment and $3,500 a month to lease the unit below them for the day care. Utilities stack up: roughly $500 in electricity for both units, $200 for the family’s cellphone plan and about $80 a month for the internet.
Ms. Torres, who has an associate degree in business, used credit cards in order to finance her business. The family currently has over $20,000 in business related debt and has had to tighten the spending belt.
“Money right now, there’s not enough. Literalmente,” said Ms. Torres, speaking Spanglish. “Sometimes I feel bad, like I can’t do enough for my kids.”
Her husband earns $19.65 per hour, working 20 hours per week. The rest of the time he is at the center, driving children via a car-pooling service they offer. The family receives SNAP benefits for food, but estimates that they still spend almost $200 a month on groceries.
Affording Summer Camp
While working her old job, Ms. Torres struggled with where to send her children during the day. They would sometimes return home rattled from free summer camps offered by public schools. There were fights, unruly children and overworked teachers, she said. Leaving them at home in front of a screen was no better.
With the day care, she can keep an eye on her children upstairs while she runs the business downstairs. Most importantly, she makes sure none of the children are glued to their devices.
“I have a zero electronics policy,” Ms. Torres said. “If you are with a kid and he’s on a tablet, he’s not processing the world around him. But if you give him a paint brush and a canvas, you see his personality start to come out.”
The day care’s name is a nod to this value: Little Creators Daycare.
The family caught a break with The Fresh Air Fund, which provides sleepaway camps to children in underserved communities, including free gear, transportation and lodging. The family enrolled their three children in a camp set up in honor of 15-year-old Lesandro “Junior” Guzman-Feliz, who was a victim of gang violence in the Bronx.
Ms. Torres’s oldest son, Ryan, 16, has attended for eight years and is a camp counselor in training. Her other two children, Darius, 11, and Evander, 10, are returning for their third summer.
“I wanted them to be in nature, play in the dirt, get dirty,” Ms. Torres said. “When they came back saying that they couldn’t wait for next year, I knew it was the right decision.”
New Business, New Opportunities
Ms. Torres uses free time to pick up extra work. She prepares paperwork for other day cares, earning $150 per consultation.
After months of struggling, Ms. Torres now has nine students, which pulls in roughly $4,500 a month — just enough to break even. On a recent Tuesday she fielded calls from families hoping to enroll their children. Business was picking up.
“I can feel things are starting to turn around,” Ms. Torres said. “The parents love me, and I have five stars on Google.”
Over the past year the family has had to cut out gifts, activities and expenses in order to focus on the business. Ms. Torres and her husband used to go on frequent dates, but they last went out on Juneteenth. They went to a happy hour at Pier 26, spending less than $50 on a glass of cabernet sauvignon, an order of calamari and a chicken appetizer.
Good news arrived in the spring when Ms. Torres learned that she had qualified for the city’s 2-K program. She expects eight to 12 students in the fall at a higher price point per student than traditional day care, and she will also be able to offer “after-school” day care when the 2-K day wraps up.
When she told her landlord about the new income he cut her a deal: He said he would give her four months rent free as a way to invest in her business so that he could keep her as a long term tenant.
“There was one point when I said to my husband, ‘I think I’m going to give this house back and go back to your mother’s,’” Ms. Torres said. “That wasn’t long ago and my husband said, ‘Stop, you have the experience to do this. You can do this.’ He was right. I left my job for this. I can’t backtrack. This is New York City.”
We are talking to New Yorkers about how they spend, splurge and save.
New York
How ‘The Wire’ Star Jamie Hector Spends a Hot Day in Brooklyn
Nearly two decades have passed since “The Wire” ended, yet Jamie Hector’s haunting turn as the drug kingpin Marlo Stanfield still resonates. Jay-Z recently referred to the character during a freestyle at the Roots Picnic.
“I respect the fact that artists find time to appreciate another artist in that way,” Mr. Hector said. “I consider the work that we do at the highest level with great art. His is literary. His is over a track, making you feel, and mine was visual.”
Mr. Hector, 50, also a director, producer and children’s book author, has devoted much of his life to the arts as one of television’s most compelling, understated figures, currently seen in Apple TV’s “Cape Fear.”
He splits his time between his family, dramatic roles, his own projects and shepherding the next generation of artists. Mr. Hector spent a recent blistering Thursday in Brooklyn with The New York Times.
New York
How a Museum Security Guard and Artist Lives on $51,000 in Parkchester
How can people possibly afford to live in one of the most expensive cities on the planet? It’s a question New Yorkers hear a lot, often delivered with a mix of awe, pity and confusion.
We surveyed hundreds of New Yorkers about how they spend, splurge and save. We found that many people — rich, poor or somewhere in between — live life as a series of small calculations that add up to one big question: What makes living in New York worth it?
Ryan Compton knows a thing or two about gigs. To make it in New York, he has worked as a retail associate inside the Museum of Modern Art’s gift store, a cashier for a downtown taqueria and a paint mixer for Takashi Murakami. He has experienced the paradox of a city both known for its artists and for pricing artists out.
Financial constraints forced Mr. Compton, who is from South Jersey, to move away from New York twice over the course of two decades. He has lived in Baltimore, Chicago and Philadelphia, but remains convinced the resources and people inside New York are unparalleled.
“You never know who you’re going to run into,” he said. “Everyone’s curious about each other.”
Since moving back in 2022, he has whittled down his source of income to a single gig as a security guard at the Metropolitan Museum of Art, where he made $51,000 before taxes last year. It’s his second time at the museum. He first worked there part-time in 2011 before leaving in 2015 to earn his master’s degree in sculpture from the School of the Art Institute of Chicago.
“I know I couldn’t afford graduate school and the cost of living in New York at the same time,” he said.
A third try at New York life has forced Mr. Compton, now 46, to confront the sustainability behind a career as both an interdisciplinary artist and a security guard — even inside one of the most famous museums in the world.
Love at First Sight (With New York)
As an undergraduate student at the Maryland Institute College of Art, Mr. Compton looked forward to spending weekends at his friend’s apartment gallery in the East Village in Manhattan.
A combination of showing face and knowing the right person led to his side project at the time — fashioning 3-d printed stuffed animals with skull faces — which were featured in an issue of Vogue Japan. He even sold a few inside a handmade craft store in Tokyo’s Ginza district for about $1,000.
“I was interested in the contrast between fuzzy-shaped animals and skulls,” he said, later adding, “You know, stuff when you’re a 20-something-year-old being kind of edgy.”
The early moment of success propelled Mr. Compton to chase after opportunities to showcase his work. While supporting himself financially through retail and service jobs, he helped write the artist Roman Ondak’s interactive performance piece at MoMA, “Measuring the Universe;” and worked as a collaborator for “No Souls for Sale,” an experimental project temporarily at Dia Chelsea and later, the Tate Modern in London. Both went unpaid.
“The chance to work in modern art before I was 30 is unheard of,” Mr. Compton said. “It only happens in New York.”
A Slower Pace
Tens of thousands of people flock to the Metropolitan on weekends, and it’s Mr. Compton’s job — one he has found increasingly difficult — to make sure the art is untouched. He believes social media has altered the way visitors engage with the museum. Think more selfies and poses leaned against Hellenistic marble.
The one hour work commute from Parkchester in the East Bronx gives him time to prepare for a long day ahead. He splits a two-bedroom with a co-worker for $1,000 a month and pays $50 in utilities. Heat and water are included in his rent, and his roommate covers the cost of Wi-Fi. He pays $90 each month for his phone bill.
The slower pace of the residential neighborhood matches the stage of life he’s in now. In the last few years, Mr. Compton has slowed down as he has come to terms with the expenses behind his art.
He no longer has free access to fabrication laboratories pegged to his university, and he has opted for the more cost-friendly hobbies of zine-making and book binding. He is, however, eyeing a $1,000 3-d printer. For now, he has settled on $20 a month Photoshop subscription.
The largest constraint tempering Mr. Compton’s spending is his $100,000 student loan debt from graduate school. The window for his deferment period closed, and even with some money he inherited after his mother passed, he says he needs a miracle to finish paying off his loans. “I’m not sure what to do anymore,” he said.
Splurging on Plants and Experimental Harsh Noise Records
Mr. Compton may not have any children, but he is a proud “plant dad.”
His apartment houses $1,000 worth of plants sourced through Facebook groups, pop-ups and by following Brooklyn Horticulture online. He typically pays $30-$50 for medium to large sized plants, but he is constantly on the lookout for deals.
When he isn’t at home with his plants, Mr. Compton treks into Manhattan to do his weekly grocery shopping at Trader Joe’s. He prefers the prices there to local spots in the Bronx and estimates he spends $70 each week.
A cash guzzler of Mr. Compton’s food budget is the $20 a day — an additional $80 a week — he spends at the Metropolitan’s staff cafeteria for breakfast and lunch. When working 12 hour shifts, “I’m not gonna go home and make something to bring the next day,” he said.
On his days off, he seeks out affordable food deals. He frequents Vanessa’s Dumplings in Chinatown for their $8 dumpling special.
When in the mood to treat himself, Mr. Compton rides the train a few more stops out to Ridgewood, Queens and Bushwick, Brooklyn, to visit his favorite record stores like Fringe Records and Nexus Records. An experimental harsh noise aficionado, he spends no less than $100 each visit.
His biggest and most recent splurge was a 10-day trip to Tokyo, Kyoto and Osaka in Japan in February. He was able to cut his $900 round trip ticket to $700 with credit card points. Add in the cost of hotels, meals and souvenirs, he spent close to $5,000 total.
“I wanted to go because my artwork had been to Japan, but I haven’t been to Japan,” he said.
Looking Ahead
Mr. Compton wants to strike a balance between saving and enjoying the life he dreamed of in New York. To help pay off his loans, he considered applying to be an art handler for the Metropolitan, a job with a slight pay bump. But without his present benefit of overtime pay, he’s afraid he would be making less than he does currently.
Over the years, Mr. Compton has found community among other security guards at the Metropolitan, who, like him, are artists. He has also built inroads with notable names at the museum, one being Sheena Wagstaff, the former chairman of modern and contemporary art, who he said took the time to know Mr. Compton not only as a co-worker, but also as an individual, too.
Because of his connections, he feels like he has nowhere else to go. He considered a quieter lifestyle upstate in Westchester or the Catskills, but believes he will make less money outside of the city. And, of course, he would have to leave the place he’s called home for the majority of his adult years.
“I did four other cities, and they weren’t as good or great as I like New York,” he said. “I always end up here.”
We are talking to New Yorkers about how they spend, splurge and save.
-
Technology9 minutes agoMicrosoft tests Windows Search without all the ads and fluff
-
World15 minutes agoIran-backed terror proxy Houthis threaten fresh attacks after Yemen airport strike
-
Politics21 minutes agoHegseth announces joint task force with DOJ to prosecute leaks to journalists ‘with the full force of the law’
-
Health27 minutes agoMicrowaved squishy toy explodes onto boy’s face and chest amid viral trend, causing horrific burns
-
Sports33 minutes agoFBI, Atlanta police target unauthorized drones flying near World Cup venues
-
Technology39 minutes agoWhy careful people still end up on data broker sites
-
Business45 minutes agoNetflix to add videos from digital publishers to its homepage
-
Entertainment51 minutes agoTom Segura and Christina Pazsitzky split after 18 years of marriage