So I've reached a bit of a turning point in my life right now and I'd like to bounce some ideas off you more well-educated monkeys. I know this may be a bit of a read/a bit of a shot in the dark, but perhaps explaining my background will help. Also, big thanks to @re-ib-ny for his great help so far.
I'm on a great team, without a doubt the most-respected in the office (and the market), and am being exposed to a great amount of deal flow. While I know I'm still relatively new, I've always been the kind of person to already be planning my next move. And while I love being on the brokerage/investment sales side of deals, I've had a growing interest in switching over to the buy side. Actually working on the side that controls the money, instead of being just the middle man. Ideally, REPE.
I understand that many firms in REPE like to hire ex-IB guys. Coming from a top state school was not exactly ideal to be heading up the ranks at Goldman in NYC. Everyone in undergrad wanted to get into IB, but I wanted to do something different. Real estate had always appealed to me, from growing up as a kid and being exposed through my father who owns some multifamily properties. I had some prior experience in property management, and I knew that I could combine my fondness for finance/numbers with my interest in real estate.
As mentioned, I like this business and what we do does excite me, but I find myself always wondering about the kind of experiences that could be awaiting on the buyside. Additionally, there is a lot of real estate in the pipeline, I know that the real action is in a place like NYC. I've been several times, and I am always absolutely blown away by the energy and vibe of such a city. I want to be in a place that will foster that mindset. I personally equate it to studying in a frat house vs. studying in a library. If you're trying to study in a place where everyone is partying and distracting, it's tough. On the other hand, if you're studying in a place where everyone else is also studying, you're going to get shit done. I know NYC as a whole is a very competitive place to get ahead in finance/RE, but I welcome the challenge knowing that I will be living in a city I have dreamt of my entire life.
So, my questions to you are: How do you think I can best-approach to work in NYC? I obviously want to reach out to as many people as possible, but I do not want to compromise my current position. More importantly, what skills do you think I should get an edge up on to make me a better candidate for say an acquisitions or portfolio position in REPE? Also, how do you view the overall RE market in NYC in terms of jobs, deal flow, and my chances at making a successful transition? And on a non-work-related note, I can't help but be afraid that once I experience actual, day-to-day life in NYC, and not just the glamorous tourist-mindset picture I currently have of it, I might hate it. What are your opinions?