Major NYC based developers without the shit cultures?
Can anybody speak to any of the major nyc based developers that don’t do the whole MBA/ex-IB approach on hiring? Want to work for a place like tishman but not deal with the bs culture and unnecessarily long work hours
When you find one, please let me know. You may have to venture off to another planet to find one though.
So what you want is a place that pays you a ton of money, lets you do whatever the hell you want when you're in the office, and only asks you to be there 40-50 hours a week? But also is big enough that you'll get name brand recognition on your resume and a guaranteed paycheck with a large cash bonus? And who will also hire you straight out of undergrad, apparently, with no relevant experience in either the real estate field or a related finance-y profession?
That’s the dream.
But seriously, in my uneducated opinion, the shit culture and long hours are worth it when considering the doors it could open just a couple years into the job.
You forgot 'company-provided girlfriend'
They’re called interns
You’re putting a lot of words in his mouth. All he asked about was developers without bad cultures and long hours.
Except you won’t find firms without both of those in NYC.
Brookfield and Silverstein I heard have pretty good cultures, however, long hours are a given.
Either the OP has no idea what he's talking about, in which case the question is so dumb and irrelevant that it shouldn't be asked, or he does and understands that what he's asking for doesn't exist, in which case he should know better than to ask.
If I went to the IB Forum and said I wanted to be an analyst who only worked 60 hours a week, no weekends, guaranteed top bucket bonus with the best exit opps imaginable, I'd be laughed at a lot worse. That's the equivalent of his question. At some point, even the way he phrased the question makes it clear he knew what he was saying.
Bud these developers don’t pay a shit load if I wanted a shit load of money I’d stay at my nice LP job. And if you could read you’d see I’m a. Lastly not looking for a no work lifeco type situation but once you start asking me for more than 60 hrs a week I’m going to start disliking the work.
You are describing the New York City business culture in general. Goes beyond finance and real estate, it's just normal for the city. Even small no-names can work tons of hours and treat people like shit (I've seen it first hand). Now of course that is an over generalization, all comes back to perspective. People stay late in NYC, just part of they city's culture (or well the city's culture when people actually went to the office.....).
If you want to escape it, either A. move to a city with different culture (Cali cities can pay same with often more 'laid back' mentalities, but far from universal) or B. Find a firm from elsewhere with an outpost in NYC (hopefully they don't get too "local" in that regard). Wish I could rattle of names, but I'd be guessing too much tbh.
To be fair, the "Trade" is work double the expected normal hours, like 80+, and earn double the expected earnings (this is almost explicit at the analyst/associate level, gets better with seniority). What sucks is when the first part is true, but the second part fails to materialize (which happens more often than people realize, especially on base pay).
NYC is what it is, and the wall street based culture infects a lot. Why does it persist? Simple, for every one person who gets pissed and leaves there are are 10 ready, eager, and willing people there to take their place! (spend anytime on WSO and you will see them by name!)
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