That is nonsense. That's more than enough to afford a studio in New York City.
You can easily afford a luxury studio with a doorman and a pool making half of that!
Is a "luxury studio" a real thing in NYC real estate or was this a joke?
The term itself sounds absurd and oxymoronic to me, but also I know NYC housing is absurd and I can imagine that there are places that do nice interior finishes on studio apartments and call them luxury so maybe it's real?
The term itself sounds absurd and oxymoronic to me, but also I know NYC housing is absurd and I can imagine that there are places that do nice interior finishes on studio apartments and call them luxury so maybe it's real?