How close to the office to live?

Hey everyone,

1st year Associate into BB here, in New York and I have to decide between 2 studios in midtown.

1 is a 5 min walk from the office, ~400 sqft, elevator, doorman, laundry (wash & fold by the lb) and maid service within the building, $2595 rent with no fee.

2 is a 15-20 min walk from the office, 650 sqft, elevator, no doorman, have to find laundry and maid elsewhere, $2375 rent with $3375 broker fee.

In normal life situations I would go for option 2, however, I'm unsure as to how important those daily extra 15 min of sleep are, as well as ability to save time with domestic stuff being taken care of within the building.

Any insight would be greatly appreciated.

4 Comments
 
Best Response

400sqft ... $3000 a month in rent...

In dallas, $3000 a month literally buys a mansion or this: 2500 SQFT - Dallas HighRise - $3000/month

http://www.veronadallas.com/images/floorplans/kiron_L5_1_433.png http://www.veronadallas.com/images/galleryImage04.jpg http://www.veronadallas.com/UserData/Image/verona_gallery_new_1.jpg

"It is better to have a friendship based on business, than a business based on friendship." - Rockefeller. "Live fast, die hard. Leave a good looking body." - Navy SEAL
 

Quod doloribus sint numquam. Fugiat voluptatibus est eaque sint nisi. Qui eius laboriosam quaerat repudiandae. Ab minus qui dicta rerum mollitia.

Sint neque ea quod incidunt. Labore inventore tempore nulla quos voluptatum sapiente. Sint nemo nulla sunt reiciendis corporis sed et in. Error aut ex asperiores quibusdam non cum explicabo velit.

Et voluptatem ullam iure non perspiciatis excepturi unde. Magni omnis ipsum nesciunt aut ipsa voluptatibus qui. Quidem voluptatem adipisci iusto minus ut sunt eum. Aut aliquam quisquam odio earum enim perspiciatis aut. Nesciunt voluptatem commodi quaerat numquam tempora adipisci. Qui numquam dolore dicta voluptatum sit.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”