Where the hell can you afford to live as a 1st year?
I'm about a month out from starting as a 1st year analyst and have had an incredibly hard time finding a place to live. My roommate and I are looking for a 2 bedroom or big 1 bedroom flex around $3k a month and it seems impossible unless we live in Harlem, a tiny 1 bedroom in the financial district or in the lower east side, 25 minutes from the nearest subway stop.
I always hear about young professionals living in Murray Hill and Kips Bay and I can't even find a 1 bedroom around there for less than $3,500. I feel like I must be missing something. I feel like there are a hell of a lot of people making worse money than me in better living situations.
After taxes, $1,500 a month is ~45% of my take home which seems crazy high to me to begin with. With living expenses, utilities, 401k, healthcare and loan payments, I really can't spend any more on rent. I've even tried looking in Brooklyn and it isn't any cheaper. Where the hell are all these 1st years living?
Sleep in the office. No rent and you'll be impressing your boss. A win-win to me, dawg.
Add another roommate and your options should improve slightly. I think the average 1st year back in my class when i was in banking crammed 3 people into an apartment. Get a 2 bedroom and stick someone in the living room.
Also, get a better broker because there are definitely 1 bedrooms in murray hill for way less than 3500.
You can't find a studio for less than $3,500? TRY HARDER
If you want to be smart about it then find roommates (ideally w/ ppl in the industry or people you can trust from college). You can find sweet deals if 2/3 people chip in $1,500 each
hahah did you even read my post mb666?
Agree with the above posters. Looking for 3-bedrooms will definitely give you more options.
try padmapper.com
follow these steps carefully:
if you want financial district, you can find solid ass studios that are easily flexible into a 2 BR with a little leftover space for a living area. there are a shit ton of these places that are exactly $3000. these are all in high-rise buildings with tremendous amenities. you can just walk into the building's leasing offices and grab them with no brokers.
you're welcome
EDIT:
btw, for anyone actually interested in the financial district, i found those studios that can flex to 2br in the following buildings:
95 Wall (free breakfast, new basketball court, in-house dry cleaner that tailors) 71 Broadway (4/5 is literally in the building) 45 Wall 90 Washington 100 John tons more, just walk around
Live in a huge 1BR in West Village for $2300 rent stabilized
:)
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