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July 2006 >> return to MAI in the news Tapping that rental wellspring of college graduates By Vanessa Londono 
HIGLIGHTED MANAGER:
An excerpt: ... Before the college graduates come to the city, rental firms go to the college graduates. Many times, brokerages will divide large groups and find them apartments of two or three people on the same floor or in the same building. Money-strapped graduates often have to face the reality of not being able to live in their choice of neighborhood in a market where high rents are no match for their entry-level salaries. Of course, having a roommate saves money. In addition, Manhattan Apartments' manager, Adjina Dekidjiev, said graduates with a co-signer or an extra month of security have better chances of landing the apartment they want. The majority of college students rely primarily on the Internet, followed by recommendations from family and friends, to find city rentals. |
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