I’m not too familiar with the New York area.
But, isn’t it a fact that the sky high rents and housing costs are found mainly in Manhattan? And that prices are much more reasonable in other boroughs, or in suburbs?
In that case, isn’t New York just like any other city, in that the choicest neighborhoods are absurdly expensive and keep out all but the wealthiest residents???
The most expensive rents are in Manhattan. But the boroughs & surrounding areas in NJ & Conn are also insanely high & so I would not consider them "reasonable". Just less expensive.