But that&#x27;s what NYC life is about for many. Rents are so high that having a lot of space means you have to be quite well off. But for most, the magic of NYC is outside your home. When you throw a party, you don&#x27;t do it at your place, you do it at a bar. Minimizing rent means you can spend more on going out. It&#x27;ll be wildly popular for the unmarried&#x2F;childless set.