Just found out our bank is opening an office and opening it up to people that want to move down. Seems like most of the finance scene down there is WM, HF and smaller PE firms with not much banking yet. Know PWP, and Moelis have offices - not sure about others.
Any other firms considering a similar move? What’s the scene like? Seems like the SoFL migration is continuing. Pretty interested as I’m kinda over NYC.
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You'll need a car. I think unless you live near CityPlace you might get a bit bored. West Palm definitely has some nice walkable parts, but it isn't that big.
If you're looking for a slower style of living though versus being able to do everything and anything in NYC, then I think you'll like it. Drive to play golf, go to the beach on weekends, still have plenty of nice restaurants. Close enough Miami to spend time down there when you want to. The Bright Line is convenient to take. The Boat Show and SunFest are fun. Go running on Lake Trail.
Don't get me wrong, West Palm is incredibly nice, but unless you live near the downtown parts, you're most likely need to drive everywhere. But oh! No income taxes!
Sounds like it could check a lot of boxes for me. Don’t get me wrong, still love aspects of NYC and realize there’s always trade-offs… but think I’m ready for a slower lifestyle / higher quality of living. Appreciate the insight
Yea you don't have income taxes but property taxes and the property insurance will squeeze any remaining life out of u
WPB is an amazing place to be if you’re 45+ and already rich. Hence why all the shops have a satellite office down there to placate the 60 year old rainmakers that live at their vacation homes.
WPB is not great if you are young and still working. Pretty quiet, mostly older people, and everything is so expensive it will negate your income tax “savings”.
This was one of my concerns, been doing some research and are you sure this is still true? The development is pretty insane… new pastis, Del Mar, loco taqueria (Boston staple), Mary Lou’s (hamptons spot), ketchy shuby (another hamptons / nyc spot)… lots of other stuff opening with all this development. I’ve seen that take before but just wondering if it’s becoming dated given the more recent development in the past 12-24 months. I can’t imagine those spots (particularly Mary Lou’s and Ketchy) are targeting the 45+ audience
Tbf that’s also not a complete turnoff for me… early 30s, not really looking to be in the party spot anymore - but if I want it, Miami is an hour on the brightline
Unless u have friends there you will not meet anyone and be miserable
See this is as a risk to moving to any new city without an established friend group - but see how it could be a bigger issue in a place like WPB.
Between my mutuals, my gf’s and work circles, not overly concerned.
Having grown up there, most of the young people that stick around after high school / college are retarded
I would be miserable there after living in NYC strictly from a community perspective
I live in Miami and am thinking of moving to WPB. It really really depends on what your interests are. You like going to the beach, restaurants, golfing and having casual weekends outdoors in the sun? WPB is great. But don't expect to walk out to a million people bar hopping all night like NYC.
Lol walking out to a million people bar hopping is exactly what I don’t want.
Since you’re considering the move from Miami - what draws you?
My GFs family lives closer to there so she's attracted for that reason. Personally - I'm attracted by cheaper more spacious apartments, less traffic and associated noise, and a bit less flashy Miami people.
I love Miami and don't see myself in NYC forever, but West Palm might be too suburban for me. For some that might be a positive so that's purely just my opinion. Realize though that it's actually pretty far between West Palm and Miami, almost 2 hours in traffic. For some maybe that's a positive. I'd say fly down there for a few days and check it out for yourself. Different vibe than Miami.
You shouldn't be driving Miami to WPB. The traffic in South Florida 95 corridor is the worst in the country. Always be taking the brightline
Yes and that's my point. I was looking at a role in West Palm and then passed since I didn't realize how far it was from actual Miami (I'm not from there). Thought it was closer when it definitely is not
Miami fye twin
if you leave 245 park ave for WPB you’re cooked
You sound like a sheep
Huge opportunity. Would jump on it with a hand raise if interested
OP here - just circling back as I made the move so thought I’d give my 2¢ for others considering.
Absolutely loving it down here. Growth is insane with the amount of new development, restaurants, clubs, etc…For early 20s NYC is obviously the better choice but late 20s / early 30s holy shit is quality of life miles better down here. Def a more laid back scene in WPB compared to NYC/Miami so that’s a consideration but so easy to pop down for big weekends if wanted. Life just feels more balanced. Yeah still working long hours but weekends are filled with a much wider variety of activities than in NYC. Easier to get outside and stay active.
Would def recommend for anyone considering.
Enjoy the lack of state & city income taxes.
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