Where do these people live if they work in CT?
Where do these people live if they work in financial sector in CT? Do they commute from NY City (one-hour commute each way)? Do they live itself in CT? How about anyone live in Westchester County, NY and commute to CT?
stamford. norwalk. im from CT orig, albeit northern ct, but thats where they live..
and are u talking about youngins or married with fam types?
I know some people that live in the city and commute (only 35 minutes with an express train), but they are young people who want to enjoy a night life and don't mind paying the higher taxes. Anyone who is older just lives in CT.
"youngins" who just graduated from college. Where in NY city near Penn/Central station???
near GCT. Penn gets you to NJ or LI
Prob somewhere near a subway that goes to grand central.. Gc has trains to CT. Or think about white plains, easy train both ways
Do they have apartments/rental-homes near White Plain's train station? How long is the commute to stamford?
id say norwalk or stamford then in ct.
A buddy of mine works in Greenwich and lives in Murrary Hill. Either walks/cabs/takes the subway into Union Station every morning, then takes the train to CT. It's a 45min commute I believe.
FYI, he's 23 y/o HF analyst.
I used to work in Greenwich and I commuted from midtown. I used to get in ridiculously early (like 530am) so I would drive. It really really sucked. I used to be able make it from the FDR to exit 3 of the i-95 in under 30 minutes at that time...but I also got 4 speeding tickets in the first year.
That is really impressive time.
Yes I had an Audi S5 and I basically destroyed it speeding over the crappy FDR and Bruckner. I also got 4 tickets from the same cop...by the last ticket he just walked up to my car and said "bondarb, I got you again". Bottom line is that if you are driving NYC to greenwich slow down in the area where the Bruckner meets I-95....massive steep trap.
If you are young, Murray Hill, Midtown East --- close to Grand Central basically.
Wilton is another hotspot. Lots of MDs there.
Pretty much any town that has a train station. I work in New Haven and live north of there.
Where to live for a new CT hedge fund analyst? (Originally Posted: 08/25/2014)
As the title states, I'm about to have the privilege of riding metro north more than a couple days a week, and was wondering what are the best places to live in the city, factoring in my need to be relatively close to grand central (either walking or minimal subway stops). I'm a big foodie and like to go out a lot on weekends, so I'm not all too pumped on having my only criteria for neighborhood based on distance to grand central, but would love to hear if people's thoughts on the pro's/con's of different areas.
Also, I've been told its the first stop on the road to blowing your brains out, but what are peoples thoughts on living in Stamford and not having to deal with the commute and NYC tax? I'm a young twenties guy who loves to go out on weekends for reference (guess I just answered that question there...).
Thanks!
The reverse commute sucks, no question. The Express train takes about an hour and I think the Local train takes like an hour and a half to get to Stamford.
In terms of where to live in NYC that's close to Grand Central, Murray Hill is a really good option. Close to downtown and has good areas to go out around there. Known as the area where a lot of young professional types live. Lexington Ave past 50th Street has access to decent restaurants as well, although the nightlife scene isn't the greatest. I would stay away from the Upper East Side based on your preferences. Weak/no places to go out and not really close enough to call the location to Grand Central a positive.
Stamford really sucks as a town and is pretty boring. A better option would be to get a cheap car and live somewhere else close in CT if you have manageable funds to do so. If you have family in CT, of course that would be ideal.
If you do live in NYC, Murray Hill would be your best bet for a good lifestyle that's close to Grand Central.
Also, the 86th street stop in the UES is pretty legit and the best area in the UES IMO and would reduce your commute a bit. You would take the express 6 up to 125th and jump on metro north there. But otherwise anywhere in Murray Hill/Gramercy/east village that is close to the 4/5/6 or Midtown East within walking distance of Grand Central but I don't like that area.
i used to do tis commute..and yes..it sucks. i lived by union square, which is a fun area...and the subway is about 8min to grand central..plus another couple minutes to walk to your train. you will ean EXACTLY
i've done this commute...yes, it sucks..but you get used to it. i lived in union square...took the 4-5 subway. you will learn EXACTLY what time you need to leave your apt to just make the train. My door-to desk commute was about 1:25 when you combine subway, and walking to/from the express trains.
Since its the reverse commute, you should look into just driving...the traffic isn't that bad since you are doing the reverse commute...and this gives you a little more control over your life (side benefit..you have a car for weekends).
Take the 3rd ave bridge which has no tolls and its cheaper than the train (before you pay for your NYC parking spot of course). I actually found driving relaxing...so it depends on how you feel about it.
as a bonus, metro-north recently upgraded the seats on their trains...so, i mean, there's that.
I do reg commute from Westchester to Grand Central for HF job - I advise against driving. Train time is good productive time and it's very consistent. In the mornings I check e-mails or sleep, then on the way home it's e-mails, reading for work or reading for pleasure.
I moved to the 'burbs in my late 20s, but was soon to be engaged. We checked out Stamford but liked White Plains better. Obviously it wouldn't make sense for you to live in White Plains and drive to Stamford, but my overall message is not to live outside the city until you have things locked down.
One thing you could consider is subletting something in Stamford for a few months and see how you like it there. There are a fair number of young professionals living in Stamford -- a lot of the luxury apartments are rented by young people. Stamford has a fair number of HFs, and various other shops. Bars are cropping up constantly in Stamford, wherever a new set of luxury residences pop up. I can also tell you, having toured around just a couple of months ago, that almost all luxury residences in Stamford underwent renovations -- kitchen remodeling, common spaces, pool grounds renovated. Living in Stamford will also save you $115 Metrocard, $270 Metro North, $300-500 in rent, and about 2 hours a day of commuting; there are a few buses in Stamford that run for free so you won't even need to pay for that, and some residences have free shuttles.
Not sure if this is applies, but more mid level guys often get apartments in Greenwich in addition to their NYC place, declare CT residency, and basically come out even. You are going to save about 4.5% on taxes, you can rent a bare bones place for $1,500 ($18k/year). If you are making $400k/year you are coming out even.
Senior guys generally live one place or the other and can dictate their own schedule.
I have heard of analysts working at a fund in Greenwich teaming up to rent an apt in Greenwich (only a few hundred dollars each per month) that both allows them to save on NYC taxes and also acts as a place to crash in case of a late night.
All very interesting, thanks for the input guys.
The move to CT and having a "shadow residence" would be 3-4 years out I'd say, so I'm probably more focused on Manhattan neighborhoods. The consensus I'm taking away is Murray Hill or Union Square maybe? Anybody care to share a little more light on those east Manhattan spots? Thanks,
What's commute time like from White Plains into NYC?
White Plains express is 35 - 38 minutes according to the schedule. frequent trains.
While it's definitely not a big city, Norwalk has a few things going for it and isn't far from Stamford.
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