Canadian here - recently accepted a lateral offer as a second year analyst. I’m generally wondering about renting in NYC with analyst comp, so if you have any advice to offer up outside of my questions that would be much appreciated.
analysts, how much do you spend on monthly rent?
do you have a roommate(s) (seems like there’s no other option)
what is your after tax, take home bi-weekly pay?
do you live within walking distance of the office?
| +231 | Coverage Banking is Paradise | 29 | 6d |
| +152 | UBS preparing for a October Layoff Massacre | 102 | 3h |
| +118 | London Recruiting is Paradise | 47 | 7m |
| +77 | My Motivation Is At An All Time High | 13 | 4d |
| +56 | Work and Suicide | 24 | 45m |
| +49 | Is 7 years in banking enough to retire, or am I delusional? | 27 | 6h |
| +45 | Do actual investment bankers despise IB TikTokers as much as I think they do? | 28 | 3h |
| +34 | MM IB --> NYC IB? | 17 | 1d |
| +27 | Should I escape the matrix | 5 | 11h |
| +24 | Negotiating VP Sign-On Bonus (NOT Tied to Deferred Comp)? | 22 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
$2.7k for a nice single in Murray Hill. Walking distance to office. $110k base.
I have been browsing apartments as a I wait to start a gig in midtown. Would you mind PMing or posting building/area recommendations? Most of the singles I am seeing are in the low-mid $3k range, which is a bit pricey, but would love to do something under $3k. Browsed through the old SA threads, but feel like rental market is hot right now.
Unfortunately, think you answered your own question there - I signed my apartment this summer so I still got a covid deal (2 months free rent). My apartment would normally be like $3.1-$3.2k.
Have also heard from friends who are moving that prices are crazy rn still, so not sure you would be able to find the same deal.
One tip is to expand your location search on Streeteasy slightly outside their defined locations - I am right on the edge of what they define as Murray Hill so my place didn’t show up in my original search.
Bump
When I was a junior:
$2.9k a month, studio, lived alone
Not walking distance to office (well 20 min walk or so)
use an online calculator to get your after tax pay, it’ll be the most accurate way to get that info (as you can input your pre tax payments into insurance, 401k, etc).
completely ignorant q here, do the banks provide health insurance coverage or is it just a subsidized amount? Not sure how employee insurance works as I go into FT
In iusto repudiandae ut debitis provident. Corrupti aliquid est quae. Consequuntur odit quia voluptatem adipisci voluptatem qui. Distinctio aliquid at porro ea doloribus quia distinctio.
Ipsum similique accusantium qui perspiciatis qui consequuntur accusamus. Autem impedit voluptatem qui. Repellendus dignissimos sint cupiditate aspernatur. Est rerum excepturi aut earum qui.
Et beatae laborum in culpa quisquam eum debitis. Est nihil itaque commodi atque accusantium nemo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...