2 Comments
 

Based on the most helpful WSO content, here are some tips and insights for your roommate search and apartment hunt in NYC:

  1. Budget and Target Area:

    • With a budget of ~$2,500 per person, Midtown is a solid choice. Popular neighborhoods like Murray Hill and Gramercy are frequently recommended for young professionals working in Midtown offices. Expect rents for 2-bedroom apartments in these areas to range from $4,000 to $6,000, depending on amenities and building type.
  2. Amenities:

    • If you're looking for amenities like an in-unit washer/dryer, focus on newer buildings or luxury rentals. These are often leased directly through the building's office, which can help you avoid broker fees.
  3. Timing:

    • Start aggressively looking for apartments around May or early June for a July move-in. Leases in NYC typically start at the beginning, middle, or end of the month, so plan accordingly. Signing a lease 2-4 weeks before your move-in date is common.
  4. Roommate Search:

    • Platforms like WSO roommate threads, Facebook groups, or apps like Roomi and SpareRoom can help you find like-minded roommates. Be clear about your preferences (e.g., introverted, clean, organized) to ensure compatibility.
  5. Lease Negotiation:

    • The NYC rental market can be competitive, but you might still find opportunities to negotiate. Look for rent concessions like a free month on a 12-month lease, especially in buildings with higher vacancy rates.
  6. Upfront Costs:

    • Be prepared for upfront expenses, including the first month's rent, a security deposit (usually one month), and potentially a broker fee (15% of annual rent). For a $5,000/month apartment, this could total $12,500 upfront.

If you're targeting Midtown and need a roommate, posting on WSO's roommate threads or similar platforms is a great way to connect with others in the same situation. Good luck with your search!

Sources: Best neighborhoods to live WITH GF in NYC (and timing) - 1st year IB Analyst Midtown Summer 2019, 2017 FT Roommate Thread, SA 2021 NYC Housing Thread

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Veniam ullam fuga reiciendis iste itaque voluptatibus est. Reprehenderit eius modi nihil. Delectus ipsam qui magni officiis distinctio natus. Consequatur et expedita magni voluptates et asperiores quos.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
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...”