BK or NYC??

Title pretty much says it all. Moving from the West Coast to NYC for an FT analyst role and am making enough to choose between living in the City or surrounding areas. Is Brooklyn a cool place to live as an analyst? Do other analysts live there? I don't mind a light commute to work but definitely not trying to be surrounded by hipsters. also trying to minimize the travel time after a long night of extremely poor decisions.....

any thoughts? If not BK, then Murray Hill, Grammercy etc, with people i dont know. Biggest upside to living in BK is I know the people id live with and that they would have very modest rent expectations.

thank you

15 Comments
 

And BK is not that cheap anymore unless you want to live in a poorly connected/ shady area. Sounds like Manhattan (Midtown or below) would be a better fit.

 

Being with roommates you know and like, and maybe being surrounded by some hipsters (fewer in Brooklyn every day now) will be better than getting a shitty roommate deal someplace else. That said, maybe consider Long Island City or Astoria if you're working in Midtown. If working downtown, then consider Brooklyn more.

 

@MiserlyGrandpa" yea you guys both understand me correctly. Definitely leaning to midtown now. Never lived in NYC so its just really hard for me to get a feel for how far BK truly is.

You have to understand that in LA (where im living and working) popular locations/clubs/going out are usually at least a 30 minute drive (distance+traffic.)

Correct me if im wrong but if i live in MidTown, pretty much everything (going out, work) is a ~15-20 min train ride away?

 

I STRONGLY recommend Crown Heights and Brownsville. The value for money is unmatched. /troll

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 
"Whatever1984" I STRONGLY recommend Crown Heights and Brownsville. The value for money is unmatched. /troll

Large parts of Crown Heights have a ton of cool stuff going on and are reasonably accessible by train. It's ~30 minutes from Nostrand Ave to Fulton St in the Financial District. It's ~25 minutes from 77th St on the Upper East Side. You might be paying 30% less for housing for that 5 minute difference in commute times.

Love it when people who have never been to Crown Heights or Brownsville (which I admit is a rough area) in their entire life feel qualified to have an opinion on whether they are good places to live.

 
"Ozymandia"
"Whatever1984" I STRONGLY recommend Crown Heights and Brownsville. The value for money is unmatched. /troll

Large parts of Crown Heights have a ton of cool stuff going on and are reasonably accessible by train. It's ~30 minutes from Nostrand Ave to Fulton St in the Financial District. It's ~25 minutes from 77th St on the Upper East Side. You might be paying 30% less for housing for that 5 minute difference in commute times.

Love it when people who have never been to Crown Heights or Brownsville (which I admit is a rough area) in their entire life feel qualified to have an opinion on whether they are good places to live.

I haven't been out in those neighborhoods in years, but I probably know the city better than most. I remember when billyburg was scary, and I've been on pub crawls in College Point and Whitestone. I was just throwing out what I thought were intentionally poor suggestions.

OP: Have you considered Jersey? If you're downtown or on the west side the PATH can be as easy as the subway. You also get out of paying NYC Income tax. That ~3.5% can be significant.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 
"Whatever1984" I haven't been out in those neighborhoods in years, but I probably know the city better than most. I remember when billyburg was scary, and I've been on pub crawls in College Point and Whitestone. I was just throwing out what I thought were intentionally poor suggestions.

But that is kind of the point, ya know? You haven't been in those neighborhoods in years. Williamsburg was scary 15 years ago, a den of addicts and homeless people. Now it's one of the most expensive and nice neighborhoods in the entire city. Ten years ago that was Crown Heights or Stuyvesant Heights. In 2019 those are mostly gentrified neighborhoods full of families and renovated brownstones. Hell, 30 years ago it was worth your life to go into Central Park. Living on 65th and Fifth would be a dream for most people today.

I know you thought they were intentionally poor suggestions, and Brownsville isn't a place I'd recommend living, but I would 100% recommend Crown Heights.

 
Most Helpful
"Ozymandia" But that is kind of the point, ya know? You haven't been in those neighborhoods in years. Williamsburg was scary 15 years ago, a den of addicts and homeless people. Now it's one of the most expensive and nice neighborhoods in the entire city. Ten years ago that was Crown Heights or Stuyvesant Heights. In 2019 those are mostly gentrified neighborhoods full of families and renovated brownstones. Hell, 30 years ago it was worth your life to go into Central Park. Living on 65th and Fifth would be a dream for most people today.

I know you thought they were intentionally poor suggestions, and Brownsville isn't a place I'd recommend living, but I would 100% recommend Crown Heights.

I'd say W-burg was definitely on the upswing 15 years ago, the bad old days were more like 20+ years ago. Helping gentrify can be fun, but it can also be dangerous. I remember getting a steal on a rent stabilized place in Hamilton Heights a decade ago. It was great and cheap living, but there was a triple homicide on the corner of my block one night, and I had to use the corner laundromat with an interesting group of people.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

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