Placemakr Blog | Hospitality Insights & Flexible Living Tips

6 Reasons Why an Apartment Hotel in NYC's Financial District is the Ideal Option for Intern Housing

Written by Placemakr | April 23

New York City is a beacon for young professionals seeking to jumpstart their careers with internships that could lead to promising futures. For those fortunate enough to secure a position in or near the city’s iconic Financial District, choosing the right type of housing can greatly enhance both their professional and personal experiences. An apartment hotel in this area is an excellent housing choice, blending the convenience of a hotel with the comforts of home. Here’s why opting for an apartment hotel near the Financial District is possibly the best housing choice for interns in NYC.

1) Prime Location for Professional Growth
The Financial District is not only the heart of finance but also a burgeoning hub for technology, law, and creative sectors. Living close to where the action happens reduces commute times dramatically, allowing interns more flexibility with their schedules. An apartment hotel here places you within walking distance or a short subway ride to some of the world’s top companies and firms.

2) Tailored Flexibility and Convenience
Unlike traditional apartment rentals that often require year-long leases, apartment hotels offer flexible leasing terms. Internships can sometimes last only a few months, and being able to secure a lease that aligns with the duration of your stay is incredibly valuable. Additionally, these spaces come fully furnished, including essential services like Wi-Fi, which means you can move in immediately without the hassle of setting up utilities or buying furniture.

 3) Cost Efficiency in an Expensive City
NYC is infamous for its high cost of living. Apartment hotels are a cost-effective solution that doesn’t require a long-term commitment and come with inclusive services like internet and other utilities. This all-inclusive approach not only helps with budgeting but also eliminates the worry of dealing with multiple bills each month. For interns working on a tight budget, knowing exactly how much you're going to spend each month on housing can be a big relief.


4) Built-In Amenities Enhance Living

Apartment hotels often come with added amenities that can make city living more enjoyable and convenient. Access to facilities like laundry services, fitness centers, and onsite support staff can greatly benefit busy interns. These services provide practical benefits that streamline daily routines and enhance overall well-being.


5) A Hub of Networking Opportunities

Living near the Financial District and within an apartment hotel offers unique networking opportunities. You’re likely to meet other professionals and interns in similar fields just within your living quarters. This community can be an excellent resource for learning about events, sharing professional tips, and building relationships that could benefit your career.

6) Safety and Security
For many interns moving to NYC from elsewhere, safety is a top concern. Apartment hotels provide secure environments with features like 24-hour security, controlled access, and often a reception desk, ensuring that residents feel safe at all times. This peace of mind is invaluable, especially for those new to the city.

For interns in NYC, choosing an apartment hotel near the Financial District is about more than just finding a place to sleep. It’s about positioning yourself in a dynamic environment that fosters professional growth, offers unparalleled convenience, and provides a secure and cost-effective way to enjoy one of the world’s most exciting cities. As you embark on your internship journey, consider an apartment hotel not just a practical choice, but a strategic one that might just be the key to a successful and enjoyable internship in New York City.