Living in New York City NYU Stern Pre-View April 17, 2005 Off-Campus Housing Agenda How to apartment hunt Finding a roommate The Neighborhoods Pros/Cons Price ranges How to apartment hunt: The Best Resources Online Listings http://newyork.craigslist.org/ (Most widely used) http://www.villagevoice.com/realestate/index.php (Listings online Tuesday night before published) Newspapers NY Times (late Saturday night) Village Voice (weekly) Brokers/Agencies www.nofeerentals.com www.gonofee.com www.nofee.com NYU Off-Campus Housing Office Apartment listings List of people looking for roommates Brokers How to apartment hunt: When do I start? The process can start now! If possible, take some time during Pre-View to get to know NYC neighborhoods and short list those that are most appealing. (Go both during the day and at night). Come back later this summer and give yourself time to look around. Listings for end-of-August move-in dates generally open up at end of July/beginning of August. How to apartment hunt: What else do I need to know? Be prepared at viewings! Always bring your checkbook, ATM card, and a photo ID. Bargain! The market is soft right now, and rents are often negotiable. You can sometimes negotiate a month’s rent free. Make sure you look at several places before making a decision. There are a lot of great places available. Don’t bother looking at the Trump World Tower until you’ve got your great banking job lined up next year or you get cast on The Apprentice. Finding a Roommate Look around! Pre-View is a great place to find a roommate! Admitted Student Website Forums NYU Off-Campus Housing Office Craig’s List, Village Voice A special word for international students Landlords will ask you for a larger deposit or a few months of rent in advance unless you know a US resident willing to co-sign your lease. Find someone who will sign for you. It may be worth paying a broker’s fee if you are under time pressure (i.e. spending money to stay at a hotel) to make sure you can see the maximum number of apartments in a short time period. Off-Campus Housing Agenda How to apartment hunt Finding a roommate The Neighborhoods Pros/Cons Price ranges The Neighborhoods: Manhattan: The Village Pros Location, proximity to school Dining and nightlife Cons Can be expensive Price Expectations East Village generally cheaper than West Village Studio: $1400+ 1BR: $1600+ 2BR: $2000+ The Neighborhoods: Manhattan: Downtown Tribeca, SoHo, Lower East Side Pros Location (short walk or subway to school) Dining and nightlife Good deals in Tribeca Cons SoHo and LES can be more expensive than the Village Price Expectations Similar to Village The Neighborhoods: Manhattan: Midtown and Uptown Gramercy Park, Chelsea, Midtown, Hell’s Kitchen, Upper East Side, Upper West Side Pros Location Dining and nightlife Cheaper than the village Cons A bit further from school Price Expectations Varies by neighborhood; great deals available in Upper East and Upper West Side. The Neighborhoods: Brooklyn Williamsburg, Park Slope, Cobble Hill, Dumbo, Brooklyn Heights Pros Tight-knit Brooklyn community Cheaper and more space than Manhattan Target! Cons Has risen in price recently A bit further from school (though no farther than the Upper West and Upper East Sides) Price Expectations Studio: $900+ 1BR: $1100+ 2BR: $1500+ The Neighborhoods: New Jersey Hoboken, Jersey City Pros More space Nightlife in Hoboken PATH trains make commute relatively easy Cons Getting home late at night can be difficult because taxis to NJ can be expensive Price Expectations Great deals can be had in Jersey City Hoboken comparable to Midtown Manhattan in price The Neighborhoods: Other Options Queens, Bronx, Staten Island Westchester County and Long Island Questions??? Good Luck, Stern Class of 2007!