What it really takes to live in New York City




Marketplace All-in-One show

Summary: <p></p> <p>The Carrie Bradshaw lifestyle is unreachable for most recent college grads in today’s New York City, thanks to high housing costs. We’ll get into the lengths some younger newcomers are willing to go to make it work and dig into a related problem: a potential commercial real estate crisis. Plus, how should cities deal with cannabis smoke? Then we’ll play a round of This or That!</p> <p> </p> <p>Here’s everything we talked about today:</p> <p> </p> <ul> <li style="list-style-type: none;"> <ul></ul> </li> </ul> <p></p> <ul> <li style="list-style-type: none;"> <ul> <li> <a href="https://www.bloomberg.com/news/articles/2023-06-14/nyc-s-rent-prices-are-too-high-for-recent-college-graduates-to-afford" target="_blank" rel="noreferrer noopener">“NYC’s Rent Surge Defied by New Grads Pursuing a TikTok Lifestyle”</a> from Bloomberg</li> </ul> </li> </ul> <p> </p> <ul> <li style="list-style-type: none;"> <ul> <li> <a href="https://www.marketplace.org/2023/06/05/defaults-commercial-real-estate-loans-remote-work/" target="_blank" rel="noreferrer noopener">“Defaults on commercial real estate loans are rising”</a> from Marketplace</li> </ul> </li> </ul> <p> </p> <ul> <li style="list-style-type: none;"> <ul> <li> <a href="https://www.washingtonpost.com/technology/2023/06/12/office-real-estate-san-francisco/" target="_blank" rel="noreferrer noopener">“Workers want to stay remote, prompting an office real estate crisis”</a> from The Washington Post</li> </ul> </li> </ul> <p> </p> <ul> <li style="list-style-type: none;"> <ul> <li> <a href="https://www.washingtonpost.com/opinions/2023/06/16/dc-marijuana-smoke-nuisance/" target="_blank" rel="noreferrer noopener">“Opinion | How should D.C. deal with pot smoke?</a> from The Washington Post</li> </ul> </li> </ul> <p> </p> <ul> <li style="list-style-type: none;"> <ul> <li> <a href="https://www.axios.com/local/washington-dc/2023/06/13/dc-marijuana-neighbor-lawsuit" target="_blank" rel="noreferrer noopener">“D.C. resident wins case to stop neighbor smoking marijuana”</a> from Axios</li> </ul> </li> </ul> <p></p> <p></p> <p></p> <p> </p> <p>The next $50,000 in donations to Marketplace are being matched by longtime fan Dr. Joe Rush. <a href="https://support.marketplace.org/smart-sn">Join Joe in making a gift today!</a></p> <p></p>