Wealthy New Yorkers are renting second/pandemic apartments - Business Insider

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Wealthy New Yorkers are scooping up second apartments to use as offices so they can escape family members and have a better work-life balance

. He spoke with several New York City residents who found a work-life balance hard to come by while working remotely. They told him a second apartment acts as an office to create that needed separation — and a getaway after spending too much time with their loved ones.

They're paying anywhere from a $2,100 per month in rent for a 450-square-foot studio in Manhattan to a $195,000 contract for studio co-op in Queens. While some are renting apartments in the same building a few floors down or buying a place in the same neighborhood, Kussin wrote, some are buying the apartment next door with plans to combine it with their current apartment.

Ariel Moses, a 34-year-old communications professional, is doing just that. "I'm working in my bedroom right now and it's not productive," she told Kussin. "I need to maintain some decorum in some sense, and some professionalism."But renting or buying a second apartment in the city isn't the only way urban dwellers are taking a breath of air from cramped quarters.for an escape, like the day rates mainstream hotels are now offering to cooped-up individuals.

Many major hotel brands, from Marriott to Sheraton, have created daily office packages for parents looking for a calm, childless workspace,. Hilton's Cincinnati Netherland Plaza hotel, for example, is offering guests a room from 8 a.m. to 8 p.m. for $69. There's also Globe, an app launched in 2019 that offers short-term apartment and home rentals by the hour. The platform has seen an uptick in demand since the pandemic began in March, CEO Manny Bamfo told

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same here also.

Selfish.

*to cheat

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