How much is a good address worth?
Started by notadmin
almost 16 years ago
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Member since: Jul 2008
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"Does living in Harlem turns your Wall Street employer off and having a good address turns them on? Thinking about it in terms of promotions and the like."
Where do you come up with these things?
I live in a bldg. where a couple with two small school age children are living in a one bedroom..they gave the boy and girl the bedroom and they sleep on a murphy bed...they're paying $3100 for the one bedroom..I don't understand it but location is important to many people.
To the couple, sure, but to their employer?
prestige, prestige, prestige
> To the couple, sure, but to their employer?
through status, who's a loser vs who's a winner. who gives the impression of having more $ than others, or coming from a family with money. do you think that wall street is 100% meritocratic where impressions don't matter? wonder how much of the sacrifice is for status.
I work on wall street. Every bonus season my employer checks to see if I moved, and then subtracts $10k for every block above 96th street.
Would you still get a bonus if you move out of Manhattan?
"Does living in Harlem turns your Wall Street employer off and having a good address turns them on? Thinking about it in terms of promotions and the like."
Where do you come up with these things
. . . . THANK YOU SUNDAY!!!!
Nope, Sunday. Then you have to start paying them to even look at you. Unless it's to Connecticut.
The idea that living on W 75th Street is a status symbol is recent. I remember when the allure of UWS was that opera singers and other classical musicians lived there. Guess how many live there now? I suppose living in the West Village is prestigious as well. I see not the slightest shred of reminders of the Greenwich Village that was, except maybe in parts of Brooklyn. So what is prestigious changes as well as why it is prestigious. I don't think the couple mentioned did it just to impress people. I think they are just like most other New Yorkers - they want to live in a neighborhood where most people remind them of themselves.