Comments (43)

Jan 2, 2022 - 11:15pm
Anonymous244729, what's your opinion? Comment below:

Generally in my personal experience, if an analyst is turning comments at a very late hour the night of (or early morning before) a meeting that the MD needs to go to, the analyst or whoever, when the books are finished, would have them printed and shipped directly to the MDs home so he/she can review and have copies ready to go straight to a meeting from his/her home. This generally requires disclosing the MD's home address to the analyst in order for them to have the books delivered. 

  • Analyst 2 in PE - LBOs
Jan 3, 2022 - 9:01am

In GS some of them list their addresses on their intranet profile. Idk why, but they do it lol

Jan 5, 2022 - 9:21am
WB97, what's your opinion? Comment below:

Probably to flex. Or guys that have been at the firm since "calling someone on their home phone" was a thing.

Jan 3, 2022 - 8:33am
Rookie_numbers, what's your opinion? Comment below:

Damn. Those 10 bedroom coops UES Central Park facing housing are the greatest. I would do literally anything for one of those man. Anything.Damn it!! Thinking of it I feel like disgusting vermin now. Life is shit.

Jan 2, 2022 - 9:44pm
WS_Jerry, what's your opinion? Comment below:

My MD in Chicago for a BB rents a really nice apartment and has vacation homes around the US. He recently sold his house in the burbs and is planning to move upon retirement and wanted to enjoy the city for a bit.

I think I did this right

Jan 2, 2022 - 11:41pm
WS_Jerry, what's your opinion? Comment below:

Nope. He lives with his wife and 22 year old daughter

I think I did this right

  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
Jan 3, 2022 - 11:22am
Anonymous Monkey, what's your opinion? Comment below:

"And what you think I rap for, to push a fuckin Rav 4??" 
 

  • VP in IB - Gen
Jan 3, 2022 - 11:37am

I'm NY - most were in New Jersey, former group head had a nice place in UES and two MDs were in UWS. Think one was in Battery Park City as well.

In London - Richmond, Wandsworth, Fulham, Chelsea and Notting Hill

Jan 3, 2022 - 8:56pm
Incoming cfa level 1 charterholder, what's your opinion? Comment below:

Most senior people I know of live in:

Westchester

Long Island

New Jersey

Went to visit my buddy in Westchester and it seemed like you can throw a penny in the air and it'll land on an employee high up in the food chain of their respective company.

Array
  • Intern in IB - Gen
Jan 3, 2022 - 11:49pm

For Chicago, Winnetka is popular among seniors. Though it is cheap enough to get a family sized condo in the loop/near north/Gold Coast which is all in the city. 
 

Co-ops are much less common here than in NYC, so most buildings only charge standard building amenity or  HOA fees which are much, much lower than co-op fees. 

  • Intern in IB - Gen
Jan 4, 2022 - 10:43am

Interesting. I wasn't aware of the tax benefit. It seems IL has higher tax too 

Jan 4, 2022 - 12:23am
CHItizen, what's your opinion? Comment below:

In Chicago, most senior guys with families seemed to live in the nicer burbs (Winnetka / Glencoe / River Forest / Hinsdale / etc.), though a couple lived in or around Lincoln Park. If you go on Redfin and plug in these areas and set the filter to $2-5mm, I'm sure that'll give you a decent idea of what type of house they have.

I can't actually think of any MD's I worked with that didn't have families, but I'm sure there are some rich bachelor MD's living in nice high rises in River North / West Loop too.

  • 3
  • Director in Non-profit
Jan 4, 2022 - 2:33am

BAY AREA:

Personally, sr director at a kinda-big tech company - Sausalito

 VP above me - Sea cliff, SF

Director under me - SOMA loft/condo (pretty young though, early thirties)

MD at old bank (analysts together) - Palo Alto (including the entire menlo park, atherton, los altos area under Palo Alto)

Partner @ VC fund -  Palo Alto

the CEO - Palo Alto

CEO of startup - a marina hill

Note that we are all in our late thirties/early forties+. Ask us this question like 5-10 years ago, and it would have been all SF. As we got older, and as SF kinda went into the dump (maybe it was always like this and it just didn't matter to us when we were 28 and had no families), we all slowly moved away. It'll always be home though, and I'll never stop loving it. (maybe if they kick out chesa and breed follows through on her rhetoric it'll be clean enough to move my family back to)

SoCal:

jr partner in big law - Left Venice Beach for Orange county

  • Director in Non-profit
Jan 5, 2022 - 1:22am

know ppl there, but i feel like Hillsborough is older and not that interesting

  • Managing Director in IB-M&A
Jan 5, 2022 - 7:57am

NYC perspective here. Split my time between 2 apartments.

I own an apt in Gramercy (my main apartment), and the other (sublet) is within walking distance from my office.

Most of the time, I'm in my Gramercy apt, but when it gets really busy at the office, I like to just wake up and walk to work.

Logistics for women in Gramercy is excellent, and as any man of culture will inform you, logistics is crucial for the Bang.

I'm in my mid-thirties. No wife or children.

  • Associate 2 in IB - Gen
Jan 5, 2022 - 12:27pm

Lol this seems like a terrible use of money. Just take a cab to your Gramercy apt

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  • Investment Manager in HF - Other
Jan 5, 2022 - 2:11pm

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  • Analyst 2 in IB - Cov
Jan 5, 2022 - 1:59pm

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