Reply to NYC law partner w/ kids: "$850K gross is not enough to live on"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This thread is so stupid. I make $150,000 a year and I feel very rich (though with no kids).  That doesn’t mean I have no limitations on my spending, and someone who makes $850,000 a year we also have limitations on their spending.

I’m Republican but threads like this pull me somewhat more leftward. Above a relatively moderate income/net worth, money just becomes, at best, about these trivialities or, worse, about greed and status-chasing.[/quote]

Did you read the lady’s post? You cannot provide a strong education and a room for every kid in a safe part of NYC on 850k. She’s not asking for a private jet and house on Jupiter Island, more just the bare minimum. [/quote]

You absolutely can provide a strong education and a room for every kid in a safe part of NYC, and for a lot less. It might not be a big room, and private school, in Tribeca, but NYC is a big city and a lot of the posters are incredibly narrow minded in how they imagine a happy life in NYC.  I think biglaw expectations, not NYC, may be the problem here. [/quote]

Please give an example. And if it is living in Jackson Heights and using PS 101 to test into Stuyvesant then that is not “a happy life in NYC”[/quote]

Name the neighborhoods? Several come to mind: Windsor terrace, ditmas Park, Bay ridge, Astoria, Forest hills, Jackson heights, spuyten duyvil, Riverdale, Woodlawn, Hudson heights, Manor heights.  I know people raising families in each of these neighborhoods. I work for NYC and have for more than 20 years (found my way into dcum 22 years ago right out of grad school). My city government colleagues and I are raising families happily in all five boros. You seem to not want to believe this is possible so I don't know what else to tell you. [/quote]

No corporate attorney making 850k is going to live on Staten Island or the Bronx unless they already have family there. Bay Ridge is a MAGA hotbed and Ditmas Park is difficult socially if you’re not part of the primary religious group (which has formed an admirable community). If you are as far out as Forest Hills then you should just go to Nassau for the schools.

Please tell me you don’t work for the NYC Dept of Education…[/quote]

Sorry you apparently didn't like my answer. [/quote]

Your answer is plain wrong. The question is what the Reddit lady should do given her income, professional responsibilities, and family situation. Between:

A. Move to the Bronx
B. Move to SI
C. Move to suburban parts of Queens and
D. None of the above

D is correct

Go back to your failing inner city public schools[/quote]

The ask was to name neighborhoods that disproved the statement that "You cannot provide a strong education and a room for every kid in a safe part of NYC on 850k. She’s not asking for a private jet and house on Jupiter Island, more just the bare minimum."  The list of neighborhoods included those could check the boxes of good schools, a room for every kid, and safety.  All you're doing is proving that you really don't know NYC.  It's more than just fancy zip codes in Manhattan.[/quote]

If SI and the Bronx are educated to you, we should go into business together. If the Bronx is safe, nowhere is dangerous   :twisted: [/quote]

https://www.zillow.com/homedetails/2501-Palisade-Ave-APT-H2-Bronx-NY-10463/215954987_zpid/ [/quote]

Let me go ace the LSAT, study hard with no income for three years, then slave away in big law working 80 hour weeks while raising multiple children so I can live in a Bronx co-op with cheap neighbors, no access to the subway, schools in the least educated borough in the city, and no walkable restaurants and commercial centers. I’ll let you know how it goes 15 years from now. [/quote]

Which neighbors? https://www.zillow.com/homedetails/3061-Scenic-Pl-Bronx-NY-10463/29851879_zpid/

I get it, not for you. But your perception is clearly misaligned with the reality of parts of NYC outside the very very very specific bubble you may be familiar with. [/quote]

Someone who spends over 5mm to live in Riverdale is well off but very low class. Kind of person to give adjustable rate financing on beater cars at a used car lot. [/quote]

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