Most Prestigious NYC Suburbs
I have been a longtime reader of WSO and wanted to pose the question. What NYC suburbs below have the best name cachet on Wall Street? The list below is in no particular order. Please group them into tiers based on prestige / wealth / name cachet. FYI - I also posted in the IB forum. Thanks.
- Old Brookville, NY
- Old Westbury, NY
- Sands Point, NY
- Kings Point, NY
- Muttontown, NY
- Manhasset, NY
- Scarsdale, NY
- Rye, NY
- Armonk, NY
- Chappaqua, NY
- Purchase, NY
- Harrison, NY
- Bronxville, NY
- Harrison, NY
- Larchmont, NY
- Short Hills, NJ
- Alpine, NJ
- Summit, NJ
- Saddle River, NJ
- Greenwich, CT
- Westport, CT
- Darien, CT
- New Canaan, CT
Google Bard AI:
Most prestigious:
Less prestigious:
Reasons:
It is important to note that this list is subjective and based on a variety of factors, including wealth, education, and amenities. There are many other prestigious cities in NY, NJ, and CT that are not included on this list.
Source: Chat GPT AI
"Ranking the prestige of suburbs is subjective and can vary depending on various factors and individual preferences. However, I can provide a general perception of prestige based on factors like median income, property values, and reputation. Keep in mind that this is a rough approximation and can change over time. Here's a general ranking:
Greenwich, CT: Greenwich is often considered one of the most prestigious suburbs in the region, known for its high-end properties and affluent residents.
Short Hills, NJ: Short Hills is known for its upscale communities and proximity to New York City, making it highly prestigious.
Alpine, NJ: Alpine is an exclusive community with some of the highest property values in the country, often associated with great prestige.
Saddle River, NJ: Saddle River is known for its luxurious estates and is considered one of the affluent suburbs in New Jersey.
Old Westbury, NY: Old Westbury is known for its large estates and affluent residents, contributing to its prestige.
Sands Point, NY: Sands Point is a prestigious village on the North Shore of Long Island, known for its luxury homes and notable residents.
Manhasset, NY: Manhasset is well-regarded for its upscale neighborhoods and luxurious properties.
Bronxville, NY: Bronxville is an affluent village in Westchester County with an elegant community.
Scarsdale, NY: Scarsdale is known for its prestigious schools and upscale properties.
Darien, CT: Darien is an affluent coastal town in Connecticut, known for its waterfront homes and high-income residents.
New Canaan, CT: New Canaan is another prestigious town in Connecticut with upscale properties and a well-to-do community.
Rye, NY: Rye is known for its desirable neighborhoods and waterfront properties, contributing to its prestige.
Armonk, NY: Armonk is an affluent community in Westchester County, known for its upscale properties.
Chappaqua, NY: Chappaqua is a prestigious suburb with a reputation for being home to some high-income families.
Purchase, NY: Purchase is known for its affluent neighborhoods, including some gated communities.
Old Brookville, NY: Old Brookville is an upscale village with a reputation for luxury homes.
Harrison, NY (Westchester County): Harrison, in Westchester County, is known for its affluent neighborhoods.
Harrison, NY (Long Island): Harrison on Long Island is another prestigious community.
Larchmont, NY: Larchmont is an affluent village in Westchester County known for its upscale properties.
Kings Point, NY: Kings Point is known for its opulent residences and affluent residents.
Remember that the perception of prestige can be highly personal, and what is considered prestigious to one person may not be the same for another. Additionally, the prestige of an area can change over time due to various factors, including economic conditions and real estate trends."
Why are there so many pricy towns on Long Island? I heard of Hamptons, but haven’t come across any of these other towns before, looks quite far from nyc
Do many senior folk commute from there?
What do you mean why? They're all close to the city and allow you to have a proper sized suburban house/mansion instead of living in an apartment. Most are an hour or less into the city.
Some seniors don't have to go to the office as often and it is nice having kids and a dog to run in the yard.
North Shore of LI has estates of the old super rich. Where the money dates back to Rockefeller’s original 19c partners. If you’re living out here, you’re probably not commuting. Or if you are, the meeting doesn’t start until you arrive. I always wonder how much money these people still have. Having a family member work for a living is probably no longer in anyone’s living memory.
Greenwich is the most prestigous.
Are these places prestigious because they’re expensive, or are they expensive because they’re supposedly prestigious?
Kings point no question.
I am rather surprised about the lack of Peapack/Far Hills/Gladstone (There's a realy cool triangle with Mendham and Bernardsville where the really big places are) NJ on this list. I put myself through college fixing lawnsprinklers all across NJ, and into upstate, and those were some of the most impressive places I ever saw. They were all also far enough out so you knew that the owners were saying "5 days in the office is for the hired help."
That’s astonishing to me. I used to think manhattan and the hamptens were the key places with really expensive homes around nyc; who would’ve thought NY, LI, CT and NJ all had so many nice areas
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