I ALSO just moved to New York. In August. And I can definitely relate to your feelings, except that I didn't move somewhere cool-ish like the LES, I moved to gangster territory (I didn't know any better). But, now I've moved somewhere lovely.
When people ask me how I like it here, I also don't know what to tell them. Everything is expensive and crazy, but I think I love it. Although, I'm just not sure. Some days are so hard and I can't afford anything and some days I'm glad I moved here.