Living in NYC for the summer- Where are best places to stay?

Hey guys- I'll be working in IB this summer at a BB, & was wondering where are the best places or where I can look into getting a room or somewhere to live for the 10 weeks. Any tips suggestions for specific buildings or locations to live?

 

You should probably tell us where you will be working. CS is in FiDi, GS is in Battery City Park, MS and Barclays are in Times Square, the rest are in Midtown East.

"Better to remain silent and be thought a fool than to speak out and remove all doubt." --Abraham Lincoln
 

GS is sort of annoying to access from many parts of the city so if you want to walk, getting a place in the financial district or around that area is pretty nice (and can also be cheaper than NYU housing). In terms of which NYU dorm, you might find dorms like Lafayette to be slightly closer, but overall, I'd pick by distance from the subway station instead of overall distance.

A lot of kids like to live in Stuy town, but I wouldn't recommend it because I've heard nightmares with the L-train and really don't think it's worth it to transfer trains. I'd say a safe bet is anywhere around union square or washington square (and use google maps to determine distance from subway station from dorm).

 

Stick with NYU housing. There are plenty of off-campus opportunities, but if you are not from here, then it is not worth the headache. All of the NYU dorms are centrally located, so I'd pick the layout more than convenience.

Avoid Lafayette. It's nasty. The ones around Union Square are good. There is a lot of transportation that will take you downtown.

 

NYU or New School dorms are probably the most popular choices for GS summers.

However, if you look around craig's list you may be able to find some good deals. Make sure that the apartment is in Battery Park City or on the west side of the financial district. The commute from the east side of the financial district to 200 West is even more inconvenient than living up town because there is no public transportation. Hope this helps.

 

I stayed in Brooklyn Heights a few years ago, and just took the 2-3 to Wall Street (10 min ride). You would probably take it to Canal, so it's like 15 mins.

The place is pretty much a dorm for kids with internships in NYC, so you meet a lot of kids.

 

this has never been answered ever so it definitely deserves a new thread.

"Look, you're my best friend, so don't take this the wrong way. In twenty years, if you're still livin' here, comin' over to my house to watch the Patriots games, still workin' construction, I'll fuckin' kill you. That's not a threat, that's a fact.
 

Live in the cheapest possible spot within walking distance.

In rank order 1. Location, 2. Cost.

The last thing you want to do is commute if you're trying to land yourself am offer, recipie for disaster.

This advice applies to all banks regardless of location or firm size, losing an offer is much worse than saving a few hundred bucks.

 

JPM fills its class slowly. I think they have normal superdays in Dec. as well as diversity superdays. Then superdays last through February. My understanding is that most OCR is in Jan.-early Feb.

NYU is decent. It's not the best bang for your buck, but it's pretty easy to get around (if you're near Union Square or Canal Street) and saves you the hassle of subletting. You can sign up with friends from school and a lot of companies reserve a block of rooms for their interns. I lived in NYU housing for two summers and lived with other interns at my firm both summers.

 
NBT12:
hey im at jpm s&t this summer. I'm really interested in this as well and I got a little insight. PM me

Congrats! Do you have any idea when placement day takes place? Also, did you do Launching Leaders?

 

What do other people think on NYU- if working in Midtown seems like it might be better as a SA to live a bit closer? Also NYU turns out to be pretty expensive- checked out the rates and they pretty much force you to either 1. pay for a meal plan or 2. pay for a pricier room that doesn't have a meal plan. All in 1200-1400/month (seems like a lot to pay for a dorm-room), though I suppose you pay by the week which is pretty nice (no worry about renting for 3 months vs. 2.5).

 
Black Jack:
What do other people think on NYU- if working in Midtown seems like it might be better as a SA to live a bit closer? Also NYU turns out to be pretty expensive- checked out the rates and they pretty much force you to either 1. pay for a meal plan or 2. pay for a pricier room that doesn't have a meal plan. All in 1200-1400/month (seems like a lot to pay for a dorm-room), though I suppose you pay by the week which is pretty nice (no worry about renting for 3 months vs. 2.5).
There's also a "convenience" premium that you have to factor in. I worked in New York last summer, and went with dorm rooms (non-NYU), just because it would have been a huge pain in the ass to deal with shady apartment landlords where I wasn't able to check out any potential apartments beforehand. Every individual's situation is different, but for me, it was worth paying the extra $x amount of money for the peace of mind that living in a dorm room provides.
 
Best Response

Find a summer sublet on CL if you can. Might be tough to find one for three months so you might end up switching between two places halfway through your SA summer but it is probably the cheapest alternative.

Black Jack:
What do other people think on NYU- if working in Midtown seems like it might be better as a SA to live a bit closer?

NYU is a good option too despite the price, except you are going to crowd up my subway stop (W 4th) going to Midtown. For people concerned about living close, subway from NYU to midtown takes me roughly 10-20 mins from my apt to my building so its super quick anyways. It is going to take you almost the same walking from some midtown skyscraper unless its across the street. So if you are gonna be at MS, BAML, BarCap, RBS etc. than NYU is a great option.

Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."
 
delta598:
Hey everyone, I am interning at BNP Paribas this summer (office next to Timesquare). Anyone interning at Barclays/MS/JPM (mid-town offices) want to look for housing together?

s&t?

Because when you're in a room full of smart people, smart suddenly doesn't matter—interesting is what matters.
 
delta598:
Hey everyone, I am interning at BNP Paribas this summer (office next to Timesquare). Anyone interning at Barclays/MS/JPM (mid-town offices) want to look for housing together?

Interning at MS this summer..are you still looking for a place?

 

NYU housing is expensive but you're paying a lot of convience here and location. Even though you're working in Midtown, NYU has a lot of dorms spread out around the village that have access to different train lines. Just make sure that the dorm you're requesting is near your appropriate line so it's a straight shot on the subway in the morings

 

Any other Citi interns looking for summer housing? Anyone want to look together?

Because when you're in a room full of smart people, smart suddenly doesn't matter—interesting is what matters.
 

Check out the NYU student housing. Most Manhattan NYU residence halls are within a 20 minute metro ride to Wall st and you get to be around other interns all summer.

Good luck!

"There's no reason to be the richest man in the cemetery. You can't do business from there." - Colonel Sanders
 

I did Craigslist... my internship was 12 weeks though so I think 3 months was what I needed. Doubt many will be cool with a 2.5 month, but I have no clue. Just make sure you have like a sublease agreement and the landlord is in on it or something because you never know when someone is full of shit or running a scam.

I hate victims who respect their executioners
 

do you have any friends at Columbia or NYU? I met friends of friends who managed to hook me up with a sublet room in Stuy Town (not the best, but very cheap - I paid $600 for 5 weeks). I also stayed in NYU dorms on 5th & 10th for 2 weeks but I don't recommend that at all - coming from abroad the only option if you're not enrolled on any NYU courses is to live in a shared room with no A/C. It got to 109F in the room one night and my roommate and I slept outside!

 

how strict are they/can they actually be on no alcohol in the building.. If i'm over 21 and live in a single room, would they even bother checking ever? It's not like I would be having huge parties

 

I've been staying with EHS since August 2009 and I have really loved the experience!

I've had the opportunity to live at St. George Residence. which is located in an amazing neighborhood with tons of things to do. Everyone I met was very knowledgeable and not to mention very nice!

Although EHS does have a Alcohol policy, i think it is very reasonable. After reading the online guide at Studenthousing.org I learned that if you are 21 or older you are allowed to have alcohol, while living at the St. George Clark Residence.

Finding a place to live in New York City can be a daunting task. However, the process has been made so much easier by choosing to live with EHS . Just remember that that price includes rent, utilities, furniture, 24 hour security, gym membership, lots of great discounts to attractions around the city AND a safe, friendly environment.

Just thought i would share my experience!!

Best

 
Khirypalmer:
I've been staying with EHS since August 2009 and I have really loved the experience!

I've had the opportunity to live at St. George Residence. which is located in an amazing neighborhood with tons of things to do. Everyone I met was very knowledgeable and not to mention very nice!

Although EHS does have a Alcohol policy, i think it is very reasonable. After reading the online guide at Studenthousing.org I learned that if you are 21 or older you are allowed to have alcohol, while living at the St. George Clark Residence.

Finding a place to live in New York City can be a daunting task. However, the process has been made so much easier by choosing to live with EHS . Just remember that that price includes rent, utilities, furniture, 24 hour security, gym membership, lots of great discounts to attractions around the city AND a safe, friendly environment.

Just thought i would share my experience!!

Best

Not even a solid attempt to disguise your spamming.
If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

Et vel neque rerum numquam numquam magni. Facere rerum ut ducimus quia qui ut nam. Est doloribus facere libero deleniti qui animi qui. Molestias quibusdam vitae voluptas nulla aut est laborum eos. Facere ipsam eum cumque et nam quibusdam beatae.

Minima sed est nam ut dolor eligendi. Eum rerum earum nisi aut consequuntur cum optio voluptatem. Vel labore dolorem corporis ab adipisci. Beatae nemo inventore et similique libero molestiae.

Amet aut nihil non aut laborum. Eius deserunt sequi sunt et voluptas placeat aut porro. Eum sed quaerat aut quis similique. Voluptatum voluptas in rerum dicta. Temporibus doloremque necessitatibus facilis quasi aliquam nulla ullam. Harum accusamus dolorum quis dolorem quis et quia.

 

Saepe et nobis et saepe et. Non voluptatem voluptas ut ipsa ut eveniet. Eligendi et nostrum adipisci quaerat. Recusandae quam quas nostrum repellat.

Accusamus odio exercitationem eligendi culpa. Odio aut iste porro et et fuga reprehenderit maiores. Eum et nemo et.

In aut nam laudantium quis dolorum. Ut saepe et qui exercitationem. Quae vel quaerat quidem et et. Incidunt explicabo aliquam totam ea ex quia laboriosam.

 

Vitae consequuntur hic in quod quisquam cupiditate quia. Non enim praesentium eum sed exercitationem. Enim non et quibusdam explicabo corrupti. Eius voluptas maiores est aut reprehenderit. Veritatis cumque ab molestiae nemo. Nostrum facilis quia nihil alias velit laboriosam.

Esse modi eum dicta suscipit. Autem ducimus sunt odit nam voluptatem. Saepe est et in quia. Tenetur error quod ipsam dicta odit minus optio.

Qui ipsa libero a nostrum. Maiores sunt hic aut iusto et quidem. Natus perferendis est distinctio quas vitae maxime dolores.

Ut est error illum cumque perferendis. Qui sed non quia voluptatibus labore fuga minus. Id error assumenda fuga fuga.

 

Cupiditate repudiandae eius qui aut perferendis sed laborum qui. Incidunt fugiat voluptate cum et aut asperiores. Quo ut ipsum quis at aut accusamus pariatur. Est quis rerum velit non. Est reprehenderit ea qui architecto. Illum ea quia nihil dolor a similique.

Id deleniti sint omnis eligendi. Est magnam sit blanditiis quisquam nihil molestias eos sit. Eos est voluptatibus eum quia. Odio maiores ipsam doloremque ea et placeat voluptates. Optio qui at harum nihil. Voluptatem animi recusandae ad quidem laboriosam. Temporibus sunt pariatur eum sunt cum et vitae.

Voluptatibus delectus est omnis corporis quae. Et quia et molestiae harum inventore. Illo alias quasi ut magni dolorem doloremque ut. Et quia cupiditate facere facere tenetur in consequatur ad. Voluptate aut voluptatem ducimus omnis dicta labore tempora dolorem.

Hic incidunt possimus officia et ut. Exercitationem deleniti alias aliquid optio sit nisi magni. Cumque natus vel autem ut. Atque qui eius ab dolores cum provident explicabo animi.

 

Ab eos id nam expedita soluta deserunt quae. Ab officia nisi quia et rem nisi. Exercitationem voluptates reiciendis esse. Quia eligendi dignissimos debitis inventore sapiente dicta. Maxime distinctio omnis voluptatum officia perferendis est.

Distinctio veniam perferendis cum ut non corrupti. Est hic aut ipsa. Qui incidunt non architecto nisi labore dolores aspernatur quo. Quos magni qui debitis velit qui quas nihil. Eos voluptatum deleniti qui sint. Ab dolore ipsam ipsum dolore molestiae iure.

Ducimus tenetur odio laboriosam consectetur iusto vel veritatis. Repellendus saepe qui labore et aut. Id et animi in velit facere voluptas necessitatibus. Numquam eaque ut voluptatem soluta.

Sint facilis veritatis distinctio ut veniam est. Est consequatur vitae maiores quia animi molestias. Sit voluptas quam architecto omnis iusto aliquid qui.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”