How do Morgan Stanley interns find a place in New York City?
A summer internship is a fixed set of dates, not a year-long lease. The interns who settle in calmly are the ones who match housing to those dates, pick a neighborhood they can commute from, and book while there are still homes to choose from. On Ohana, Morgan Stanley interns rent furnished rooms and apartments from people who already live in New York City, for the months of the program rather than a hotel rate.
When should I pin down the dates?
Internship offers often name a season first and the real start and end dates later. Morgan Stanley interns get those two dates in writing, then look for a stay that covers them with a day or two on either side. Arriving before the first morning leaves time to unpack and ride the commute once with no clock running. Leaving a day after the last day avoids a same-day move. If the program shifts the dates, change the stay then, while the listing is still yours.
What does a furnished stay in New York City include?
Interns on Ohana in New York City typically pay about $2,650 a month, usually somewhere between $2,000 and $3,100. The same figure applies to every company in the city. A typical budget here is $2,650 a month. About half of these interns in New York City rent a whole place. The others usually share with 2 roommates. Most intern stays are half live alone. Furnished means the apartment already has a bed, a kitchen, and the basics, so what you bring is clothes, work clothes for the office, and a light layer for air conditioning on the subway. You are not shipping furniture for a season.
Where should I live for an easy commute?
Morgan Stanley in New York City works from Midtown and FiDi. The neighborhoods on this page are the short commutes from that office, and the ones where interns actually stayed last summer. Pick one you can reach the office from without thinking about the transfer on the first morning. Set up subway or transit payment before you travel, ride the route once on the weekend, and leave extra time on day one.
Why book intern housing early?
The typical intern on Ohana in New York City books about a month before move-in. Booking earlier is an advantage: more homes are still open, and the better prices go first. About a month before. The chart further down is that pattern for New York City: homes that can cover a summer move-in stay roughly flat, while the number of people starting a search climbs into the spring. The advantage is simply being early. More of the better priced places are still open.