Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Alena Botros

A 37-year-old making over $200K is rethinking her location after her rent shot up to $5,500: ‘I’m in a toxic relationship with New York City’

(Credit: Courtesy of Sonia Hendrix)

Sonia Hendrix, the 37-year-old founder of Gallery PR, almost fell off her couch after opening an email from her property manager, indicating that her rent was being raised to $5,500 per month for her one-bedroom apartment in Tribeca. When she moved into the unit in June 2021, her rent was $4,100. Hendrix called it a “sweetheart COVID deal.” But now, after living in New York for close to 10 years, she’s rethinking her situation—and that could mean leaving the city. 

Her apartment is directly in front of the Greenwich Hotel, Hendrix says, calling it a “prime location.” However, besides the location and a doorman, there’s nothing special about it. In fact, she says, the lobby and hallways are worn down, and she lived without a functioning bathtub for a year. Hendrix attempted to work something out with her property manager, asking them to reconsider the increase because she’s been a good tenant, but she was instead told, “You’re lucky we didn’t raise it to this last year.” After choosing not to renew her lease, and having to move out by the end of May, Hendrix started looking around at apartments and condos on the market to see if she could afford to take the next step and buy. She was looking at homes particularly in Chelsea because, after living all over Manhattan, Hendrix says she knows what she wants. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.