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Corporate Housing | STRNYC

August 23, 2017 by rae steinbach

Staying in foreign cities can be tough, especially when you’re planning to stay long-term. Corporate housing in NYC is worth looking into if you’re looking to spend an extended vacation in New York City. It’s also a great option if you’re on a business trip that requires you to stay in town for a few weeks.

What is Corporate Housing?

While the word corporate sounds very official, it doesn’t always have to be business-related. It’s true that corporate housing is popular amongst traveling businessmen, but tourists and students opt for corporate housing, too.

That’s because with a corporate rental you have a fully furnished apartment at your disposal. All you need to do is bring in your suitcase and you’re good to go. Corporate housing, in fact, encompasses not only the suite/apartment itself, but also the furnishing and services that come along with it.

Corporate housing is the official term for this type of rental housing. However, most people refer to the rental apartments in corporate housing as serviced apartments, short term houses, and corporate or executive apartments.

corporate building

How Much Does Corporate Housing Cost?

Just like any rental in NYC, there are fixed monthly fees you must pay. However, the longer you plan to stay, the cheaper the rent will be. Additionally, you can always try to bargain down the cost. So if you’re on a business trip or a relocating employee, corporate housing can be a lot more affordable than booking a hotel room for a lengthy duration. In NYC, a double room in a hotel is on average $200 each night. This can add up when tenants stay up to two to three months, as they often do in corporate housing.

Another advantage to corporate housing is that the apartment is fully furnished. This means you don’t have to worry about eating out every day or room service expenditures. You can end up saving quite a bit of money once you consider that the average meal for two at a mid-range restaurant in NYC is $75.

Other important factors that play a part in determining the final price of the corporate rental is the location and the level of amenities the apartment offers. Busy, popular neighborhoods have more expensive corporate housing compared to neighborhoods that are in the peripheries. Similarly, apartments that have cafes and stores nearby are generally pricier than those that are more remote.

What’s Included?

The amenities that a corporate house offers vary. While there may be apartments that offer only the basics like a washing machine or dryer, others might include more luxurious amenities. Setting your budget and determining how long you are going to stay in your new home are the first steps before hunting down corporate apartment rentals in NYC.

Why Should I Choose Corporate Housing?

When you’re staying in NYC longer than a month, corporate housing is an option you should definitely consider. Though not ideal for the one-week family vacation, corporate rentals do offer those staying for a longer duration the comforts of home combined with the convenience of an apartment in NYC. Not only is corporate housing cheaper in the long run compared to booking hotel rooms, but also the fully furnished apartment saves you a lot of time and trouble.

The following are common types of tenants that prefer corporate housing:

  • Business employees that are out to learn or teach workshops in a new city.
  • Health professionals or the nursing staff that travel to carry out medical research.
  • Families spending an extended vacation.
  • Government employees and members of the military.
  • Students on an internship.

On Board with Corporate Housing?

Living in a new city, even short-term, is never easy. With corporate housing, however, your stay is more likely to be comfortable and easy.

If you’re searching for corporate housing in New York City, you’re in luck. Short Term Rentals NYC makes finding corporate housing in the right neighborhood and right price easier for you. We offer 30-day plus rentals across all the major neighborhoods in NYC. You can choose to live in your new short-term rental practically anywhere in the city!

We understand that you have preferences in terms of price range and ideal location. We have customizable features that include location, amenities, and price range. This way we can make your dream corporate housing a reality. We specialize in providing our clients the best services and support throughout the process of finding and renting a short term rental apartment.

Ready to stay in a fully-furnished corporate housing rental apartment? Let Short Term Rentals NYC find the best one for you!