Introduction to the Nayyars’ Home Search
After a miserable time living with roaches and water leaks, Miranda and Hiranya Nayyar moved from their basement studio in Lenox Hill in Manhattan to a new high-rise studio stocked with amenities in Downtown Brooklyn.
Initial Challenges and Upgrades
Three years later, Covid struck, and working from home presented new challenges. “Miranda and I are both very loud and excitable on the phone,” said Mr. Nayyar, who had to take calls in the bathroom or in the building’s hallway. So the couple upgraded to a more spacious one-bedroom in the building.
Background and Career
The two met during their sophomore year at New York University and married in 2019, two years after graduation. Mr. Nayyar, 30, often talked about real estate with his college friend Caitlin McMahon, now a salesperson at Keller Williams NYC. Though Mr. Nayyar was eager to invest in a home, he was intimidated by tales from first-time home buyers and discussions of mortgages, interest rates and offering plans. “There was so much to coordinate,” he said. “It felt like we had to climb a mountain.”
Weighing the Decision to Buy
The Nayyars liked their convenient location. Mrs. Nayyar, 29, saw no reason to stop renting. “When I pictured buying a house, I pictured we would have to leave the city, but I love the city,” she said. “Hiranya had to go on an influence campaign to convince me it was a good idea to buy a place.” She didn’t think they could afford a place in the city. But Mrs. Nayyar’s salary increased when she left the nonprofit sector to do sustainability consulting at a large corporation. Mr. Nayyar works in cybersecurity sales. The couple began researching and reading more about investing in a home before deciding to go ahead.
Requirements for the New Home
A two-bedroom was essential so Mr. Nayyar’s family could avoid hotels and air mattresses when visiting from his native India. The couple also wanted space to host friends and relatives. Their growing puppy, Meeko, often crowded them out of bed and needed a large crate. “It seems silly to buy a house for your dog, but you want him to have a good life,” Mrs. Nayyar said.
Search Criteria
The couple sought a small building where they could know their neighbors. They knew that a new or newly renovated condo building would come with a dishwasher, washer-dryer and air conditioning, and likely high closing costs, too. They also knew their budget — which started at $800,000 but increased to a little over $1 million — meant a move deeper into Brooklyn and a longer commute to Midtown.
Conclusion
In conclusion, the Nayyars’ journey to finding their ideal home was marked by a series of upgrades and a shift in perspective. From their initial struggles in a Manhattan studio to their decision to invest in a home in Brooklyn, they prioritized space, amenities, and a sense of community. Their story highlights the importance of considering all factors, including budget, location, and personal needs, when searching for the perfect home.
FAQs
Q: What motivated the Nayyars to move from their Manhattan studio?
A: The couple moved due to a miserable living situation with roaches and water leaks.
Q: What were the Nayyars’ requirements for their new home?
A: They needed a two-bedroom for visiting family and space for their growing puppy, as well as a small building where they could know their neighbors.
Q: What was the Nayyars’ initial budget for their new home?
A: Their budget started at $800,000 but increased to a little over $1 million.
Q: Why did the Nayyars consider buying a home?
A: After researching and reading about investing in a home, they decided to go ahead, motivated by their increased salaries and desire for a better quality of life.
