What is the average rent in NY City?
"The average rent for apartments in New York, NY, is approximately $3,267 for a studio, $4,044 for a one-bedroom, and $5,504 for a two-bedroom as of September 2025. These costs can vary significantly by neighborhood, with three-bedroom units averaging $6,991 or more per month. "
What is the average cost of a rent controlled apartment in NY City?
"The average rent for a rent-controlled apartment is not readily available, but a recent analysis of rent control tenants in New York City found the median rent to be $551 per month, though this figure is a decade old and reflects older data on the mostly elderly and low-income population living under rent control. Because rent control tenants often have long-standing tenancies in buildings from before 1947, rents are significantly lower than market rates, with examples showing rents as low as $1,300 for large apartments."
So everyone stating $45k is enough, are not considering the possibility that the amount would only last him 1 year and 2 months at 59 years of age if used entirely for rent. Forcing him to move somewhere else with lower COL will cost him money to pack up and move. He may not even have any mode of transportation, since some NYorkers do not drive.