This space is soley for me to cut demos and work on production for my clients.
This is a serious question....not trying to imply or say anything in-between the lines....just honestly curious about the biz side of your venture.
So at $600 a month...I assume you have clients already lined up since you will immediatly need to pay the bills (not sure what all is included with the $600)?
I'm just wondering if it's really that easy these days to cover studio bills (especially at NY prices), even for a basic "demo" studio setup?
That said...(not trying to be negative, just looking at the reality)...even basic demo clients will probably expect a somewhat formal "studio" setup, since you obviously need to charge them $$$ (so you can cover the bills).
Is it that lucrative in NYC...?...that you can put up a couple of basic small rooms as a studio, and still make enough money to pay the rent (honest question)?
Just trying to gauge how much of this is sure thing for you....and how much of it is an experiment, and then if the clients and $$$ are not there, you can just bail out of the rented space?
I'm asking all this because generally...studio sessions and paying customers are WAY down these days...partly due to the economy, partly due to the state of the music biz, and partly due to many people doing "demo grade" stuff in their bedrooms and basments.
I'm not near NYC (I'm up in the Hudson Valley)...so of course, the studio biz is even less lucrative up here, but reason I was asking is because I already have the studio digs, just never could see a real profit VS the hassle and headaches....so I've just kept it for my personal projects, but have considered a few times opening the doors for outside work.
I guess that's the price of needing to turn a profit to pay the bills...you take what you can get when starting out.