Corporate Lodging in New York City

New York City is home to one of the world's most dynamic economies, and hundreds of multinationals and large corporations from virtually every industry sector are headquartered in the Big Apple. New York-based firms attract top talents from around the world, so if you are relocating to the city for work, finding a place to stay will be one of your top priorities. This article looks at the corporate housing options available and at the most popular areas for business people in need of short-term housing in New York.

Corporate Housing in New York: Types of properties available

If you are relocating to New York and your employer does not make temporary housing arrangements on your behalf, you have four options to choose from:

Prime areas for corporate rentals in New York City

The Financial District / Lower Manhattan areas are obviously the top choices for business people looking for corporate lodging in New York. Other popular areas are Midtown West and Midtown East, with the latter being slightly more pricey and more residential.

There is also a cluster of condo hotels, hotels offering extended stay rates, and corporate apartments located in and around Sutton Place. These offer easy access to the FDR Drive freeway and to the Interstate 495. If you are looking for something very central, Union Square may be a good choice, as this is considered to be the heart of the city and boasts excellent transportation options.

Lastly, New Jersey is home to some exclusive properties that can be rented for $5,000 / month or less, and plenty of transportation options mean that you can be in the heart of Manhattan in just 30 minutes.

Short Term Office Space Solutions in New York City

If you require short-term office space solutions in New York, the following options are available:

As a general rule of thumb, you should expect to pay $60-$150/day for private office space and $200-$700/month for a workstation in a shared office.