Liz Sabbagh posted this image on Facebook…I spent a lot of time on Fuller Place. What a great block filled with wonderful people.
Wonder how much a house goes for on that street?
FULLER PLACE
27 Wednesday Feb 2019
Posted in Blog, Fuller Place
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CONTAINER DIARIES
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Christine Van Pelt said:
Wow! Been so long since I was buy there. Miss Joey Caputo
thanks for sharing
Steve said:
Caputo’s were good people…
bob terry said:
2 million plus
Steve said:
Wow!
Joe Hajjar said:
Fuller Place sells for 2 million plus.
Steve said:
WOW!
Al said:
Always liked Fuller and Howard Place; those non-thru traffic streets are like a little oasis, far removed from the hustle and bustle of NYC. Having visited a friend’s house who lived there though, I can say the inside space is rather limited. I sure wish we hadn’t sold our home nearby, in 1999, when we moved north though. It would have saved my son from having to pay nosebleed rent when he tries to find his Wall Street summer internship next summer. Trying to find such an internship is not easy, but trying to find a reasonably priced short-term apartment in a good neighborhood of NYC is even harder. Now he’ll have two big nuts to crack.
Steve said:
The rent in NYC is unbelievable; Doesn’t have to be that way. But that’s life. It’s like buying textbooks in college. SMH
HAROLD said:
Al your son better start looking for a summer internship apartment now if next summer is the summer of 2019. Would also strongly suggest he consider 1 or 2 or 3 roommates to share the rent.
If his internship is with a brokerage firm or a banking institution he won’t have to worry about privacy. His roommates won’t be seeing him until late at night because his hours are going to be FILO (First In. Last Out). Good Luck to him. It will be a busy 10 weeks for him but the experience will be more than worth it.
Al said:
Thanks for the advice Harold. I was referring to Summer of 2020, after his Junior year. And yeah, sharing an apartment is the way to go.
We did some google searches and found out that there is a new short-term apartment rental trend in NYC (and a few other major cities) catering to college students doing internships and young grads creating startups. The buildings are newly-converted, modern, cool and trendy and kind of like newer student apartment buildings you might see around a major, urban or suburban college campus. It’s a far cry from the old 5th floor walkup in a seedy section of Manhattan of years’ past. The new trend is related somewhat to the WeWork idea where birds of a feather work and live in (or near) a building where they share office space. Similar interests, collaboration, social minglng and discussions might favor synergy. That sort of thing. They’re kind of an offshoot iteration seed accelerator in the fashion of ycombinator. So that housing alternative seems like a possible choice.
This coming summer he has a paid internship at the same place he had one last summer, after his freshman year. It’s a fintech firm that provides trading solutions to broker/dealers, clearing firms, institutional trading desks and other clients. He’s learning a lot there, debugging and testing trading software, working with developers, rendering digital advertisements that will be displayed on the Times Square Nasdaq Tower and on the Nasdaq website in the upcoming year and other functions.
He wants to follow in his great-uncle’s footsteps and break into IB. Uncle Mike, now deceased, worked for Dominick & Dominick, and another firm, many years ago and was the successful one in our family.
He attends a “target” school, participates in the investment banking club, the finance club, the ideation and creation (startup) club, is involved in two volunteer activities, and started two parttime businesses with fellow students. Mom and I tell him he’s in college to learn and to keep his focus on his academics; we’re worried he’s spreading himself too thin. But he says he loves it and thankfully his grades are high. We have to keep reminding ourselves not to micromanage!
You’re right about FILO. Our son has told us about the long hours and demanding work required. He says he’s up for the challenge but breaking into IB is difficult, even from a top-ten ranked undergrad business school. He’s been following the advice of his mentors there at university, but it takes a lot of legwork and reaching out. His backup plan is finding employment in the growing field of fintech, which seems to be the future of finance, but he’s got his heart set on IB. He’s got his fingers crossed, but he’s not sitting on his laurels in the meantime.
Stay well. (Can’t believe I wrote so much! Time for bed now.)
Steve said:
Show Up
Focus
Work
Be a good person
Be willing to learn
Harold said:
Al tell your son to do some research on private equity firms such as AE,A Investors, The Carlyle Group, CVC Capital Partners and their competitors as a career path possibility.
Also, tell your son to hone his presentation skills. The ability to research, prepare, deliver and defend a presentation’s content in front of an audience is a rare, highly sought after skill that will lead to a highly successful career