45 Wall Street - Who lives there and why?

It seems 45 Wall Street is where all the "ballers" live. But honestly for me living in a 5 bedroom flat with 4 other bankers would make life kinda suck. Imagine the conversations about how big the deal size of the deals they worked on today or how they rocked comps hard to give a ridiculous awesome valuation.

Also the individual rooms for the most part seem be to pretty tight at 45 Wall. Enough space for a bed and desk and that's it. Has anyone here chosen to live at 45 Wall and loves it? I think 200 Water Street is FAR better and not 100% full of jacking off to a DCF model banker types.

Going by WSO logic anyone who gets an opportunity to live in 45 Wall should live there just like anyone should choose prestige over "insert anything you want" every time.

I'm really wondering. Why do the ballers who work at RBC/Duetsche/Goldman down in FiDi choose to live on Wall Street, work on Wall Street, and be around Wall Street types 24/7. If all your friends are bankers, you live with bankers, and you do banking 7 days a week with zero interaction with non-bankers I think life sucks. Maybe I'm just not enough of a baller.

I was at 45 Wall yesterday meeting so just want some perspective on just "why".

8 Comments
 

Ballers live at 2 Gold. Get it straight bro.

I lived at 45 Wall when I wasn't working in banking. The vast majority of people living there weren't in banking. It's just a relatively reasonably priced high rise in FiDi...there isn't anything very special about it.

I think you underestimate how valuable walking 5-10 min to and from work is.

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."
 
Best Response

I interned in NYC 3 summers ago, and 5 of my older fraternity brothers had all just graduated and gotten jobs in NYC (3 traders, a banker and DCM guy), and they had a sick 5 bedroom at 45 Wall. After hanging out at their place for most weekends of the summer, I don't see why you wouldn't want to live there assuming you had some friends in the city to move in with. As for small rooms, two of my buddies had couches in their rooms, so they weren't that small. Everyone they would have over from their training classes were in awe at how nice and big their place was and how relatively cheap it was compared to other places. Plus they had a full-length shuffle board table in their living room which was pretty awesome.

I took their lead when I graduated last June and live with 4 fraternity brothers in a massive 5 bedroom in Lincoln Park in Chicago, and it is awesome. Paying less than a grand for rent and having a nicer apartment than any of my other friends is definitely worth having more roommates.

I would agree with you, but then we'd both be wrong.
 

You go to work more than you go out to other places. It only makes sense to live close to work, especially when you have limited precious free time.

Super Nintendo, Sega Genesis - when I was dead broke man I couldn't picture this
 
idragmazda

You go to work more than you go out to other places. It only makes sense to live close to work, especially when you have limited precious free time.

Absolutely. I echo everyone who has said this. Live close to work- you will take a cab when going out anyways. Reducing your commute is one of the best ways to increase your quality of life. If I could avoid the NYC subway everyday I think I'd be a new man.

 

I moved to Manhattan after commuting in from NJ for 8+ years. I wanted to live in a hot neighborhood instead I moved a 10 min walk from my job. It changed my life. I slept later. Didnt have the ever-growing aggravation that comes with mass trans.

Currently looking for work and I interviewed with a group that moved to BK after Sandy. I almost broke down in tears on the commute there. Changed trains, downtown BK. It was a reality bitch slap after being spoiled for so long. ALWAYS opt to live next door to work if you can.

 

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"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."

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