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I found a brand new apartment complex called the Octagon. The rent is considerably less than that of Murray Hill and Grammercy, but it's located on Roosevelt Island/Upper East Side. I'm wondering what the commute will be like. If I can get to the school in less than 30 minutes, I'll have to really consider it. Any insight would be appreciated! Heres the website to the apartments:
http://www.octagonnyc.com/index.asp
http://www.octagonnyc.com/index.asp