Thousands of students join the city’s workforce each June. Finding an apartment is its own hazing ritual.
Carly had survived recruitment season . After weeks of applications and multiple “superdays” — part final-round interview, part endurance challenge for finance interns and junior-analyst hopefuls — she secured an internship at a major bank’s Manhattan office. She was relieved. “” That feeling lasted for about a month. Then she was introduced to New York City’s summer housing market.
Summer is already the city’s most competitive, and expensive, rental season. Average rental prices saw a record high this past May, reaching $5,379 according to the Elliman report; median rental prices rose to $4,395.
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