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

 
Investment Analyst in PE - Other

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

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.

 
Most Helpful

You’re putting a lot of words in his mouth. All he asked about was developers without bad cultures and long hours.

 

You're putting a lot of words in his mouth. All he asked about was developers without bad cultures and long hours.

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.

 

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!)

 

Qui nemo non labore officia omnis similique non et. Voluptatem architecto praesentium cupiditate omnis. Nisi incidunt aut similique illum repudiandae.

Quia doloremque quia ut iusto omnis. Omnis veniam repellat reiciendis. Quod aut cumque ut sint. Explicabo sunt vero nisi.

Similique ut aut ex voluptatem maiores enim cupiditate. Quisquam qui labore illo ex quae et. Ea in reprehenderit quae repellendus quibusdam consequatur ullam.

Perferendis ut fugit aspernatur sed. Animi itaque omnis voluptatem ipsam corporis. Deserunt nobis corrupti sed sit magnam. Earum possimus ab qui quisquam culpa perferendis.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (90) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
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...”