Summer Housing Options- Interning at Citi 388 Greenwich

This Summer I'm working at CitiBank at 388 Greenwich St. I applied to the Greenwich Hotel Dorms at NYU but didn't get a spot. Any advice on other places to live for the summer close to Citi? Thanks!

34 Comments
 
AeroTheres summer student housing on John St. I think it's called EHS. Will literally be about 10 mins door to door, 2 stops on the subway. Or like a 15 min walk.

Pace University is also right by.

EHS has ridiculous pricing for what they offer.
 

1 train runs to franklin st which is 3 blocks from 388 greenwich. Other than this closest subway is 2/3, stopping at chambers and church, which is somewhee b/w 8-12 blocks.

 

I've known folks who live in Chinatown or Little Italy as analysts. It's cheaper than the financial district, but apartments are few and far between.

 

Use websites like Corcoran and Citi-habitats to discover beautiful places, and then utilize the 'FT/SA 2011 roommate' threads that abound on this site.

I am permanently behind on PMs, it's not personal.
 

Honestly, I don't think you going to find anything decent for $1,500/mos in those areas if you plan on living alone. The West Village is the most desirable places to live in the city with vacancy in that area below 1%.

I've spent the past couple of months trying to find a place in the city (I was living at home in NJ before that, and was in no hurry to leave until I found something sweet), and from what I saw it looks like you'll spend anywhere from $1,700-$2,300/ mos for a somewhat decent sized, modern studio. What I did is looked up and researched various mgmt companies to see where their buildings where and what was available, effectively cutting out the broker and saving some decent coin. Craigslist isn't bad, but there are a lot of shaddy characters so be careful with that. Good luck dude.

 
Best Response

FiDi is easy and convenient. Most of the big apartment buildings down there work directly w/ tenants, so the broker is cut out. Rent can be cheap, especially if you throw up a wall to utilize the "flex" option and you have quic k access to the important trains.

It can blow not living in a real "neighborhood" and not being close to an area you want to go out in, but given the hours of the job, probably not a game breaker.

For Citi specifically, I have multiple friends at the bank who live in this area. Commute to work is under 20 minutes and is walkable. All in, if you are price conscious and don't want to bust your ass looking for something, I think its a solid move for your first year in the city.

 

Zenly.com is a great place to go to look at what apartments in each neighborhood will cost/what size you can expect them to be/quality of apartments. I suggest you flip around and see exactly what $2000 a month will get you before you commit to spending that little.

$2000 a month will be VERY hard pressed to get you anything south of 100th (20-30 minute commute to Citi in FiDi). Even then, your apartment will be pretty shitty and basically just be a room with a kitchen nestled into a wall.

My advice: suck it up and live with 2 other guys in your analyst class or at a different bank for $1800-2000 a month each. Both you and your roommates will be out of the apartment pretty much all day anyways, but the difference is a 3br/2ba for $5500-$6000 is WAY nicer than a studio you're going to get for $1800-2000. Plus the 3br is going to be in a much more convenient part of town for you, you can definitely get a cool place in FiDi or EV for that price.

So same price for better location, nicer place, opportunity to have buds to chat with and keep you from getting too depressed from all your work when you go home. When you get your 1st year bonus and meet a cute girl you want to move in with, then you split a 1br for $3500 and get a sweet place.

 

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