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It's New York magazine's 2005 Salary Survey, and the lesson is clearly: The city is full of rich people who are not you. In our highly unscientific early-morning survey of a few pages of the survey, it seems that well over half of the incomes are over $1 million. According to the U.S. Census, only 3% of New York City households have an income of over $250,000. Overlaying that with the number of households in the city, that's just over 90,000 households. Gothamist expects many people to be obsessing over this survey while at work today.
The survey does try to show the gamut of what one could make in NYC. In fact, there are a lot of people who probably make way less than you (like the Chinese food delivery man who makes just over $5,000, not including tips). Here's a sampling of incomes:
- Edward Lampert, Manager, ESL Investments hedge fund: $1.02 billion (yes, billion)New York magazine does admit that some of the numbers are guesses and says that when they asked some other sources, they got snark instead. "...Explaining Maggie Gyllenhaal’s per-movie price, one studio executive kindly offered, 'She’s a no-one.'" For the record, NY magazine says she's making $500,000 for the Oliver Stone movie about 9/11.
- David Neeleman, Chairman and CEO of Jetblue: $286,971
- Chris, panhandler on Bleecker and Broadway: $24,000
- Judge Judy: $30 million
- Chuck Scarborough, Anchor, WNBC News: $3 million
- Sue Simmons, Anchor, WNBC News: $2.5 million
-Edwin Young, NYPD anti-graffiti coordinator: $149,766
- Travis Toy, Line coordinator, Whole Foods Union Square: $20,800
- Jessica Coen, Blogger, Gawker.com: $30,000
- Uma Thurman, Actress, Be Cool: $3 million
- Sydney Davolos, General Manager of the Roundabout Theather: $100,000
- Glen O'Sullivan, subway conductor: $46,833
- John Sexton, President of NYU: $740,504
- Wol-san Liem, Teaching Assistant, NYU: $19,000
- Scott Newman, plastic surgeon: $500,000
- Twenty, Fire dog, Ladder Co. 20: Free walks, food, housing
Is this survey motivating or enervating? Or is this too much about NYC's obsession with moolah?
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What it does tell me is that blogging does not pay. I hope Coen is getting some speaking gigs on the side.
why does the president of NYU make $740k per year? of all the incomes, this one is most blatantly disgusting.
Lampert, not surprised. Hedge fund managers are the kings of wall street, and he's their Emperor.
Neeleman's seems awefully small for a CEO, I assume this is just base and not counting performance bonus, stock options, etc.
Thurman got $43 mil for Be Cool, that godawful movie?
What exactly does an NYPD anti-graffiti coordinator do? Run around with a paintbrush?
Correction:
Thurman made $3 Million for Be Cool, not $43 Million, per the article
Riddle me this: Who's more important to Students?
Is NYU "Non-Profit" or "Not For Profit"? I could never remember which...
I'm dumbfounded by this one:
Mary B. Sullivan
$152,893
Executive Director, Coalition for the Homeless.
Is this the org. that asks for change on the streets?
don't TA's also get a free education?
presidents generally get paid a lot. after all, they have to worry about the profile of the school.
S.D.,
as a former student there, NYU is definitely neither.
Although TA is definitely more important to the students during their time there, Sexton and his like does provide much more intrinsic values to the students after graduation via name regconition, rankings, status among employers, etc. The value of a degree from NYU (measured in potential compensation) goes way beyond graduation, even if the quality of education is properly the same or less, versus CUNY for example.
Besides all that, it was still too freakin' expensive.
this article is depressing. can we not talk about this? please??? eek.
Jeaz... Judge Judy gets 30 Million a year????
Wow. And I wonder why shes always pissed.
I'm surprised by the CEO of JetBlue's salary - that must be without bonus, right? As for the TA's at NYU, they had to battle for that $19K. When I was a pre-union TA not all that long ago, I made $10K with no health care. An okay salary in Madison, WI, but entirely unrealistic in NYC. Yes, you don't have to pay tuition, but NYU gets quite a bit of teaching out of its TAs at that price. I guess it means they can spend all that extra cash on adjuncts (yeah, right). There is a silver lining, though - if you're in the humanities you have a big $40K, non-tenure track job waiting for you at the end of five years of school. If you're lucky and willing to move to the Dakotas, that is. So psyched I dropped out of graduate school and went to law school.
The delivery guy at $5K sans tips - wow. That's pretty grim.
The news anchors are what's blowing my mind. They're not exactly line of fire types, and 3 million apiece? Christ, is that workman's comp for the hairspray fumes?