by 
Crystal
ANSWERS: 9
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because there are 8 million people...supply and demand
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Location, location, location...
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Prime real estate! So many people and so few places in prime locations that are available so those high rent prices will be paid by someone and there's likely a waiting list!
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its called demand. havent ya ever taken any kind of economics class?
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Classic supply and demand. It isn't just a good idea, it's the law/
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It costs so much to live here because you don't need a car to get around. Land owners see fit to partition their apartments for the money you would use on the car you don't own.
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That's because New York is a GREEDY city. True that if you lived in the city you would be close to everything and and it super convenient but seriously...apartments small, medium and large are crazy ridiculously overpriced. I believe it's pure greed.
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I thought all apartments in the big apple were huge and had great views, that's what I learned from tv anyways. ;-P
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Just be grateful you aren't looking for an apartment in Monaco: http://www.prestigeproperty.co.uk/search_result.asp?sortby=Euros&SortType=Asc&searchtype=Keyword&gridm=no&Country=Monaco&StartingPoint=0&interval=100
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