NYC FT Housing 2022

reposting my comment from last year about SA housing, but applies a lot to FT housing:

Here's my take on NYC SA Housing:

Midtown Offices:

• Murray Hill / Gramercy is by the far the most popular location for these offices and they will range around $2k-3kk if you plan to live by yourself or about $1.5-$2.25k if you choose to have roommates. You can sublet or AirBnB honestly in these locations. Nightlife is good here as a lot of young professionals choose this area
• Long Island City is another great location as it is very close to midtown (1-2 train stops into the city) and is located in Queens, meaning COL will be lower. Nightlife is not amazing here, but because of its proximity to the city it doesn't matter since you can go there instead and Uber home. If you want to live in Hunter's Point in LIC, then prices will be higher for the nicer neighborhood

Downtown / FiDi Offices:

• Battery park city is very popular and is absolutely beautiful. The prices here are STEEP. Studios will range from $2.5k-$3.5k. If you choose this area, I strongly recommend having roommates so that you're only allocating about $2k a month renting. Nightlife is okay here but mostly will probably travel more to midtown / village area for better ones (but honestly nightlife shouldn't be a huge factor for a SA only)
• Tribeca is not super popular simply because it's so expensive. I'm talking a MINIMUM of $3k a month even with roommates... This is a very wealthy area and for a SA stint, I don't recommend it, unless you have daddy's wallet
• Hudson Square is viable as it'll cost only $1.5k-2.5k and with roommates even cheaper. The neighborhood is rich but it is also farther from most offices, so do note that

Personal Opinion:

DO NOT dorm at NYU, they charge around $2.4k a month for dorming in their law school and the dorms are not great at all. NYU is located in the village which is pretty far from both downtown and midtown offices. Strongly recommend having at least 1 roommate (probably someone doing their SA stint too). Also a bit on me, I was born and raised in the city and have lived here for over 20 years.

In addition, some of you guys are probably worried about being able to find a roommate. I recommend finding your fellow incoming SA at your firm, via school or LinkedIn and just reach out and start a dialogue. If you guys click, I'd say think about rooming with them. In terms of timing, I'd say start to do a little searching in late March and early April. You'll probably commit to a place sometime in May.