NYC is a pretty terrible city to live in by first world standards unless you're wealthy. Crappy shoeboxes in tenement buildings that used to house servants go for outrageous prices, overcramped, awful subway (though Americans think it's amazing because they're not used to big cities that don't require a car). People put up with it because of the jobs, the people, the cosmopolitan nature of it, not needing a car, and because there aren't any comparable cities in the U.S. in terms of size, density, and significance. Millennials don't seem to be as fond as suburbs as the boomers (I personally hate suburbs).
NYC used to be a city where artists and writers could live, but it's become a city of trust fund kids, corporate shmucks, and tourists. Everybody works all the time - not because they're working on groundbreaking stuff - but to make a buck.
Personally my plan is to work remotely and go somewhere else, most likely outside the country because nothing in the car-obsessed suburban sprawl-infested U.S. compels me.