07/19/2009 05:12 am ET | Updated May 25, 2011

Woody Allen: New York Is Too Pricey To Film In

Allen, a filmmaker as synonymous with Manhattan as yellow cabs and the Brooklyn Bridge, has been priced out of the city he calls both his home and his greatest inspiration.

"I wish I could afford to be here all the time, but it's a very expensive city to work in. It's gotten worse for me. It's gotten better in that they give you tax breaks. But everything (else) has gone up. I work on a very limited budget. If I had a bigger, more grand film to make, I wouldn't have a hard time," he says during an interview at the Regency Hotel, a short walk from the Upper East Side home he shares with wife Soon-Yi Previn and their daughters Bechet, 10, and Manzie, 9. "I live right here in this neighborhood. My kids go to school here. My whole life has always been in New York."

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