Housing Guide 2020
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REVIEWS AND ADVICE FROM CURRENT STUDENTS STERN MBA HOUSING GUIDE 2020 HOUSING DATA TOP PROPERTIES NEIGHBORHOODS EXPLAINED LANDLORD INFO APARTMENT RATINGS RENTER RESOURCES Intelligent Apartment Search TABLE OF CONTENTS GETTING THE MOST OUT OF THE GUIDE Start with the Housing Facts section. This section should help you determine the type of apartment you'd 3 HOUSING FACTS like to live in and how much you should expect to pay Our data on housing in rent. Read about diferent neighborhoods and narrow down your search to parts of the city that you like most. 4 ABOUT VERYAPT Using the VeryApt site alongside this Use the Apartment Ratings section to identify the guide best apartment buildings across the categories (e.g. best amenities, highest rated) that matter most to you. 6 NEIGHBORHOODS OVERVIEW Most popular neighborhoods for NYU Visit VeryApt.com to read reviews, get pricing, and set Stern students up appointments for the apartments you like most. 8 Midtown/Midtown East 10 East Village 12 Greenwich Village ABOUT THE DATA IN THIS GUIDE 14 Upper West Side All of the data in this guide are based on feedback from real renters in New York. We asked students to rate their apartments on a scale of 1-10 across six categories: 16 DATA TABLE Compiled from NYU Stern student reviews 18 APARTMENT RATINGS Top apartments, based on the feedback of NYU Stern students Overall Value Management 18 Most Popular 19 Highest Rated 20 Best for Amenities 21 Best for Value 22 Best for Pet Owners 23 Best for Families Amenities Location Safety 25 LANDLORDS Based on their feedback, we compiled a list of the best apartment buildings for NYU Stern students. If you are interested in Ratings for landlords and management additional data that is not in the guide or have a housing companies question, you can reach us at [email protected]. DISCLAIMER: The reviews and ratings presented throughout the guide and the VeryApt website do not refect the opinions, position, or endorsement of VeryApt. The responses and reviews presented are solely those of the survey respondents. VeryApt assumes no responsibility for readers' or users' interpretation of the data. The results do not in any way constitute a warranty or representation by VeryApt as to the quality, safety, or other features of a property. We encourage you to check all available sources of information about properties prior to renting. Where NYU Stern students live Who NYU Stern students live with 30% Midtown 20% Alone 20% East Village 45% Spouse/partner 20% Greenwich Village 35% Roommate 20% Upper West Side (excluding spouse/ 10% Other (<5% each) partner) 18% of NYU Stern students live with pets What type of properties NYU What size residences NYU Stern Stern students live in students live in 45% Large property (50+ 10% Studios units) 45% One bedrooms 30% Mid-size property (20-49 units) 25% Two bedrooms 25% Small property (2-9 20% Three or more units) bedrooms Distribution of property ratings Average rent by apartment size $2,500 Studio $3,000 1BR $3,695 2BR 15% 15% 30% 40% $4,300 0 - 6.9 7 - 7.9 8 - 8.9 9+ 3BR Rent versus own Commute methods 92% Rent 8% Own 60% 35% 5% Public Walking Biking Transit 3 Rent with Confidence Time Savers Intelligent Search All the information you need in a Personalized apartment single place. Photos, prices, foor recommendations based on the plans, maps, and amenities - amenities you want, your VeryApt has you covered. proximity to school or work, and your desired price range. Concierge Service Trusted Reviews On demand rental experts that Hundreds of verifed apartment can provide apartment reviews from current and past recommendations, set up tenants that help you make an apartment tours, and help you informed decision about where with your rental application - all at you want to live. no extra cost. WHY WE STARTED VERYAPT VeryApt was born from the simple realization that the small things about an apartment are often the most important: a friendly doorman, lots of sunlight in the living room, a running trail nearby, or that amazing hole-in-the-wall Thai restaurant across the street. We understand that the frustrations of apartment hunting are universal, but share a belief that it doesn't have to be. We know what makes an apartment truly feel like home is unique for each person and that's why our focus is on bringing you personalized recommendations based on timely, relevant, and real user reviews. We'll be there every step of the way to help you fnd your perfect apartment. Julia Rizio VP Operations [email protected] 4 NEIGHBORHOODS EXPLAINED An overview of the most popular neighborhoods for NYU Stern students 1 Midtown East 2 East Village Other Neighborhoods 30% of NYU Stern students 20% of NYU Stern students less than 5% each Home to NYC's central business district East Village is one of the more popular and the Empire State building, this is one neighborhoods for NYU students and its 5 Murray Hill of the busiest sections of the city. active nightlife, relatively afordable Students here love being in the thick of it walk-ups, and convenience to class are a all and enjoy a true Manhattan few reasons why. 6 Tribeca experience. 7 Williamsburg Upper West Side (2 miles 8 Financial District 3 Greenwich Village 4 N of Hell's Kitchen) 20% of NYU Stern students 20% of NYU Stern students 9 Chelsea Greenwich Village ofers a This quiet neighborhood is known for its well-balanced social life and a diverse brunch spots, bistros, low-key bars, and selection of housing options. It's home famous delis like Zabar's. Residents love 10 Lower East Side to NYU's campus, so class is always an the peaceful streets that are perfect for easy walk away. strolling along, along with the many parks, playgrounds, and the Hudson River promenade. 6 Midtown/Midtown East Embrace the Hustle and Bustle ABOUT MIDTOWN/MIDTOWN EAST Home to NYC's central business district and the Empire State building, this is one of the busiest sections of the city. Stern MBA students here love being in the thick of it all and get to experience an authentic Manhattan experience. Busy Great Nightlife Not a Bad Commute to Campus Big-City Living MEDIAN RENTS IN MIDTOWN/MIDTOWN EAST $3,195 $3,810 $5,355 Studio 1 Bedroom 2 Bedroom WHAT RESIDENTS THINK ABOUT MIDTOWN/MIDTOWN EAST Review by Stern Student PETER COOPER VILLAGE Review by Stern Student THE DEVON CONDO Great food, bars, and people and very close to multiple Walking distance to 2 grocery stores (Trader Joes and modes of transport to easily get anywhere in the city. Fairway), across the street from a gym, walking distance There are several bus stops right at your doorstep and a to dozens of restaurants and bars. Close to Grand ferry about a two minute walk over on the Ave C side. Central. Unbeatable location for convenience. Easy access to East River Walk for other activities and sports as well. Very easy to get to major hub at Union Square by foot or transport. 8 East Village A Never-Ending Adventure in a Diverse Community ABOUT EAST VILLAGE East Village is one of the more popular neighborhoods for Stern MBA students and its active nightlife, relatively afordable walk-ups, and convenience to class are a few reasons why. This area is packed with cofee shops, bookstores, and galleries. You'll never go bored living here. Younger Crowd Bars/Restaurants Supermarkets MEDIAN RENTS IN EAST VILLAGE $2,850 $3,750 $4,700 Studio 1 Bedroom 2 Bedroom WHAT RESIDENTS THINK ABOUT EAST VILLAGE Review by Stern Student 237 E 10TH ST Review by Stern Student 157 E 2ND ST East village provides a great location to live. The location The East Village is full of young people, bars, and is only a ~15 minute walk to school and the restaurants and is close to NYU. Public transportation is neighborhood is great for restaurants, bars, shops and average -- I walk 0.2 miles to the F train and a little more. The one drawback is that the apartments are further to the 6 train, if I'm going up the east side. generally smaller and somehow seem more expensive. 10 Greenwich Village NYC's "Bohemian Capital" and Creative Haven ABOUT GREENWICH VILLAGE Greenwich Village is home to lots of walkups and brick townhouses on its tree-lined streets. The Village will defnitely keep you busy and active, but if you do want to venture to nearby neighborhoods, transportation is easily accessible. Greenwich Village's old New York charm will captivate you and you'll fall in love with its vibrant atmosphere. Charming Brick Townhouses Close to Campus MEDIAN RENTS IN GREENWICH VILLAGE $3,050 $4,400 $6,000 Studio 1 Bedroom 2 Bedroom WHAT RESIDENTS THINK ABOUT GREENWICH VILLAGE Review by Stern Student 128 MACDOUGAL ST Review by Stern Student PALLADIUM I like the atmosphere of Greenwich Village (and Very convenient location - the neighbourhood has Washington Square Park), the proximity to school, and almost everything you need including groceries, that it doesn't have skyscrapers like other parts of town. restaurants, the subway and entertainment options. There are always new restaurants to try and new things to do. 12 Upper West Side An Intellectual and Cultural Green Space ABOUT UPPER WEST SIDE This expensive neighborhood is home to mostly brownstones and upscale high-rises. Upper West Side is a relaxing escape from central Manhattan, but the rest of the island is still easily accessible. If you are looking for a more peaceful place to live with plenty of greenery and open public spaces, then Upper West Side is the place to be.