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Comments (60)

Aug 27, 2020 - 11:45pm

East Village, West Village, SoHo, LES

FiDi might have modern places with amenities for deals, but is boring

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

  • 1
  • Prospect in Other
Aug 28, 2020 - 3:56pm

Would not go to Manhattan right now. No point imo at least at the moment. To be completely honest, I would suggest someplace in North Jersey (Jersey City, Newark, Hoboken). If it has to be in New York for you to be allowed for you to move out (not sure I understand this concept of only being allowed to move to certain places... if you're going to be independent and pay the rent by yourself and your parents aren't paying for anything why do they have a say?), then I would go for somewhere as affordable as possible since you can't really enjoy the social aspects of more expensive neighborhoods (ie Staten Island, certain neighborhoods in the Bronx and Queens, and maybe even some parts of Long Island).

When looking for places near something, I would look for parks or trails as the likelihood of those closing back up in a second wave is low. On the other hand, nice restaurants or pubs/bars might actually close up again in the event of a second wave. Please note, I'm not making any commentary on COVID itself or on the merits of places closing up- I'm simply stating that there's a chance it'll happen. Good luck!

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Aug 28, 2020 - 5:51pm

> (not sure I understand this concept of only being allowed to move to certain places... if you're going to be independent and pay the rent by yourself and your parents aren't paying for anything why do they have a say?)

dude I can't even explain it -- but it can be outside Manhattan or *near* the city most likely (pending roommate agreeing) like in NJ

>  I would go for somewhere as affordable as possible since you can't really enjoy the social aspects of more expensive neighborhoods

I'm looking for a 2br with a friend for ~1.5k each -- was thinking of trying to find a nice building with good amenities downtown and locking in a 1-2 year lease at a good price for when people go back into the office -- which for me is near the World Trade Center (I'm guessing that'll be Jan 2021). That's the only reason I'm not sure about going too far from the city.

Do you think it's worth going further at risk of having a hellish commute for the latter ~6 months of the lease?

Array
  • 2
  • Prospect in Other
Aug 28, 2020 - 8:39pm

Alright, then it's not really THAT much of a restriction. The morals and principles of it are still a bit iffy to me (if they control you on this when your an adult, where will it stop? will they want to pick out your spouse, be in the room when you have sx, and tell you how to raise your child and spend your money) but if you can live outside of Manhattan and anywhere near the city, then that's probably what you'd be doing regardless. All the options I presented still seem pretty valid for this situation. I grew up in NJ (farther south tho in Edison) and the commute was pretty bad for my dad when I was a kid (not too long ago), but pretty manageable for him although his hours certainly weren't IB hours (or consulting given your username).

Alright fair enough that's a good point. Assuming that you go back to the office in Jan 2021, (idk how realistic this is with the prospect of a second wave of some sort) this solid. At the same time, how fun is Manhattan if you're socially distanced and wearing a mask everywhere? Commute's gonna be pretty bad from most of the places I mentioned, but I also think that it's smart to try and save as much money as possible early on in your career. My personal recommendation is going to be Hoboken here- some phenomenal restaurants around the town, significantly cheaper, and from the people I know (this is anectodal I only know a couple people in Hoboken) the apartments seem to be quite nice with solid amenities. Tbf, the commute's not quite hellish either. It's not great, but it's not horrible.

I would say that it's worth it. It's not really a hellish commute, it can be quite cheap, and we have no idea whether it'll be 3 months or 6 months or 9 months until you're back in the office, so it's tough to factor that in when deciding.

Aug 28, 2020 - 8:37pm

This is kind of broad because you aren't giving much detail but my suggestions would be Jersey City/Hoboken in NJ. However, if you rather be in New York City then I'd say settle down for Brooklyn. It REALLY depends on your budget as to which part of Brooklyn. But you can get something to your liking in Prospect Lefferts Gardens, Prospect Heights, Crown Heights, or Bed-Stuy. Most areas in Brooklyn are easily accessible by train. The first two neighborhoods are located by Prospect Park(basically Brooklyn's version of Central Park)- has a ton of activites, very enjoyable, and there's a lot of food options to choose from. But honestly think of what is most important to you - whether that's living near a park, or living by trains, or being as close to night life as possible, etc. When you figure that out, you can really filter your options. There's a ton of supply right now in the NYC metro area market. Last piece of evidence - don't move to Manhattan. It's not worth it at all. You're gonna be paying around $3K+ for an apartment, which most likely won't be all that good because $3K is entry level prices for apts in the city. Manhattan is overhyped. You can easily find an affordable,comfortable apt. in Brooklyn or Hoboken then it's a short commute to Manhattan.

Aug 28, 2020 - 9:34pm

Thanks! For more info:

- I'm WFH until at least Jan 2021, expecting to be back in office by next summer

-  Office is downtown, near world trade center

- Fine to live anywhere in or somewhat-near NYC

- Looking for a 2BR with a roommate

- Will be making ~90k. Aiming to pay ~1,500/month

- Looking to move late September/early October

Questioning whether I should lock in a good price near the office for when WFH ends, or where might be nice apartments for cheap with things opening nearby (e.g. likely not somewhere as congested as midtown).

I'm actually super interested in Hoboken, my only worry is if the PATH is unreliable I don't want to be randomly stuck outside the city, esp when commuting.

Array
  • 1
Aug 28, 2020 - 9:58pm

Based on your wants/needs/office location, Jersey City is your best bet. Takes 5min to get to WTC via Path train. On Fridays you can treat yourself to a Ferry trip across the Hudson River. 

"Full speed ahead, damn the torpedoes." -U.S. Navy General Farragut
  • Analyst 3+ in RE - Comm
Aug 28, 2020 - 9:07pm

Jersey City hands down! and if not JC, then Hoboken.

JC does not feel depressing like Manhattan does after what covid did to it. I dont get why anyone would move there.... JC is nearby the city if you have to get there with quick transportation access either driving or rail. 

JC is the low-key hotspot. Good vibes area, especially right near the PATH. It's a great spot to live before COVID, surprised that more companies and younger people are not flocking over here. I guess COVID plays a huge part of the reason since everyone is going to the suburbs but I wonder what the future of cities are.... NYC was a huge benefactor for the rise of JC and I wonder what the future holds for all of these high rises going up in JC

Aug 28, 2020 - 9:54pm

Jersey City doesn't compare to Hoboken regarding restaurants and bar life. Maybe a bit cheaper than Hobo.  

"Full speed ahead, damn the torpedoes." -U.S. Navy General Farragut
Aug 28, 2020 - 9:55pm

Jersey City doesn't compare to Hoboken regarding restaurants and bar life. Maybe a bit cheaper than Hobo.  

"Full speed ahead, damn the torpedoes." -U.S. Navy General Farragut
Aug 28, 2020 - 9:55pm

Very vague question OP, what exactly are you looking for? Peace and quiet, easy commute, night life, tight budget?  

"Full speed ahead, damn the torpedoes." -U.S. Navy General Farragut
Aug 28, 2020 - 10:03pm

In my early 20s, looking for a 2BR for ~1,500/person to move in late Sept/early Oct. Preference for a luxury building, would like in-building laundry and some amenities/common spaces. Willing to shell out for it to be clean which is my #1 criteria (along that vein, not looking at anything pre-war, anything with pest complaints, etc.). Don't mind a quiet neighborhood as I doubt bars are going to be popping any time soon.

Rn deciding between nailing down a lease for a good price walking distance from my office (downtown) so that when people start going into the office I'll be set up and going somewhere more "worth it" e.g. less congested so more likely for things to be open in the case of a second wave, ability to get a roomier/nicer apartment, etc. and also wondering what places would fall in the latter category.

Generally, if you were moving somewhere in the vicinity of the city now while WFH is happening with a lot of flexibility how would you make your choice?

Array
  • 2
Aug 28, 2020 - 10:22pm

Jersey City is your best bet mate. Lots of new sky scrappers in your price range, modern layouts, much more space, good views (more $ if you choose to view NYC). Way more quiet at night compared to the city. Restaurants and bars are very present and growing. You must stay Downtown Jersey City, anything further than that will extend the time of your commute. PATH train gets you to WTC in 5min. Fridays, you can treat yourself to a ferry to take in that beautiful FiDi view as the stench of the Hudson River aggravates your nostrils. Good luck mate!

"Full speed ahead, damn the torpedoes." -U.S. Navy General Farragut
  • 1
Most Helpful
Aug 29, 2020 - 10:50pm

here you go - FiDi

FIDI - 95 Wall St

ROOM FOR RENT

In a Fabulous Flex 4 apt with 2 full bathrooms and a W/D in unit 

ROOM # 1 --- $1,502 net --- $1,716 gross --- Master Bedroom 

ROOM # 2 --- $1,455 net --- $1,663 gross --- Bedroom

ROOM # 3 --- $1,196 net --- $1,367 gross --- Flex Room (Corner)

ROOM # 4 --- $1,054 net --- $1,204 gross --- Flex Room 

https://newyork.craigslist.org/mnh/apa/d/new-york-95-wall-st-room-for-rent-in/7179504100.html

-

"Success has let you choose a lifestyle of comfort, luxury, and meaning. The satisfactions of success are yours to enjoy at 95 Wall- from the spectacular rooftop terrace views to the state-of-the-art fitness center. 95 Wall is your home in the heart of the financial district, convenient to everything that matters. Stroll to work, jog to The Battery, jump on the FDR-this is the place you've been looking for. What's more, when you choose one of our Wall Street luxury apartments for rent, you enjoy the benefits of a no-fee apartment search and do not have to work with a broker Apartment Features - Corner location - Stack-able washer and dryer - Marble counter-tops & back-splash - Hardwood floors"

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

  • 5
  • Analyst 1 in IB - Cov
Aug 28, 2020 - 10:39pm

Just moved to NYC and would recommend living in Manhattan. Not sure why so many ppl are recommending Jersey City, but for nearly the same price you can get a great 1 bedroom flex in the city. Feel like living in the city would be much better in terms of things to do and being close to the office for when it opens back up.  Look into Battery Park if you're working downtown. Quiet at night if not more quiet than Jersey City and much more greenery and open space as well.

Aug 29, 2020 - 7:22pm

1 bedrooms in the city are easily $3000+. He just said he doesn't want to surpass $1,500 per room. Plus JC is a better deal. You get more for your money. Only negative is you're technically in Jersey but it's still a short commute to the city. He can probably get to lower Manhattan quicker than someone from Midtown or UWS/UES. 

Aug 29, 2020 - 7:25pm

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Aug 30, 2020 - 6:47am

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