Several Wall Street bankers and execs have come forward to voice their discontent about just how daunting it is to survive on their six-figure salaries in interviews with Bloomberg.com.
Andrew Schiff, the communications and marketing director at Euro Pacific Capital, hates traffic just like most New Yorkers, but unlike most in the Big Apple, he’s feeling the crunch from a $350,000 salary.
Mr Schiff told Bloomberg: ‘The New York that I wanted to have is still just beyond my reach’.
The Brooklyn resident lives in a pretty sizable apartment by New York City standards, but bemoans the fact that it came without a dishwasher.
Mr Schiff said. ‘I’m crammed into 1,200 square feet. I don’t have a dishwasher. We do all our dishes by hand’.
He told the site that he needs a 600-square-foot extension for the place to allow ‘a room for each kid, three bedrooms, maybe four’.
‘Imagine four bedrooms. You have the luxury of a guest room, how crazy is that?’
It’s about as crazy as the worries of Alan Dlugash, a partner at accounting firm Marks Paneth & Shron LLP in Manhattan.