franzia.jpg The New York Sun explores the refined palettes of hedge fund managers who are trying too hard to get wasted, while DealBook muses on whether an alcohol downgrade is necessary in these troubled times.
Hedge fund managers may love their $4,800 cognac, but we’re thinking hedglings still prefer the best kept alcoholic secret in Manhattan – the Silk Road on 81st and Amsterdam. We’re talking free unlimited generic box wine (no primo Franzia here) and cheap Chinese food. You can even drink for free (from a plastic glass) while you wait for a bunch of Columbia students with fake IDs to free up a table. Be warned – the Silk Road is a dangerous road, and one of our former banker colleagues has never traversed it without getting a police citation in the ensuing evening.
We all know about the places that try to peddle $800 shots to finance suckers, but what are the best places to realistically throw back a few in the city? Criteria could include, quality, atmosphere and price, almost like a Zagats for taking the edge off those banking hours.
Put in your suggestions below.
When Hedgies Drink Box Wine, That’s News [DealBook]
Taste for Booze Is Fine Among Hedge Funders [New York Sun]

Comments (24)

  1. Posted by easy money | August 2, 2007 at 11:56 AM

    119 on 15th off union square $4 yuengling, blue moon, etc pints, zero pretense (or door policy)

  2. Posted by b | August 2, 2007 at 12:06 PM

    Chibi’s Bar in Nolita – interesting beers and a nice place to sit outside.

  3. Posted by Anonymous | August 2, 2007 at 12:06 PM

    Brandy Library in Tribeca…best mixed drinks in the city and a sick selection of booze.

  4. Posted by Anonymous | August 2, 2007 at 12:09 PM

    Snafu on 47th and Lexington…dive bar where everyone from JPM, BS and UBS go either afterwork or during…

  5. Posted by Mike MIlken | August 2, 2007 at 12:09 PM

    Corner of Rector and Broadway. Sit down on a bench in the cematary with a bottle of Thunderbird, Cisco or Nigthtrain (in a paper bag of course) and let the good times roll.

  6. Posted by Anonymous | August 2, 2007 at 12:10 PM

    wherever bess levin drinks after work

  7. Posted by Commuter | August 2, 2007 at 12:15 PM

    Metro North bar car to CT- $2 16 oz bud lights and yummy mummies all around

  8. Posted by downtown baby | August 2, 2007 at 12:25 PM

    Trinity Place, good beer selection (mmm Chimay blue) surprisingly hot crowd, very cool being in an old bank vault

  9. Posted by jojoNYC | August 2, 2007 at 12:33 PM

    3rd & Long : 3rd Ave & 35th
    Monday/Tuesday
    $1.00 mugs of Bud and Bud Light all night.
    Snafu sucks – never got a buy back – but the chicks r hot & european

  10. Posted by Dot Head Banker | August 2, 2007 at 12:52 PM

    Second the Bess Levin comment

  11. Posted by Anonymous | August 2, 2007 at 12:55 PM

    Whos got a pic of Bess?

  12. Posted by harvey | August 2, 2007 at 1:12 PM

    wednesday night at Mad River (84th and 3rd) 7-10 pm all you can drink beer for $10. you will get hammered.
    followed by ladies night at brother jimmy’s (77th and 2nd) where ladies drink $1 drafts and $1 maragritas all night.

  13. Posted by jt | August 2, 2007 at 1:17 PM

    soho house roof, hot scantily clad euro and entertainment type broads everywhere

  14. Posted by Blunt Smoke | August 2, 2007 at 1:17 PM

    Are your blogs naturally boring or do you plagiarize them from the verbal section of SAT’s? How many run on sentences about the bottle of water you left on your car after playing basketball in the hot sun a long time ago before the blog do we have to read? Don’t quit your day job.
    Are there really hot mom’s in the bar car? I may have to rethink my locale.

  15. Posted by Anono | August 2, 2007 at 1:26 PM

    The best dive bar in town is Yogi’s on 76th and b-way. The drinks a cheap and the jukebox blasts country songs all night long.
    The crowd is either hit or miss.

  16. Posted by columbia | August 2, 2007 at 1:28 PM

    don’t expose our secrets. yogi’s and silk road belong to columbia

  17. Posted by cc02 alum | August 2, 2007 at 2:03 PM

    “yogi’s and silk road belong to columbia” laughable, as if columbia’s influence extends south of dive bar, even even then just because columbia students for the most part are the only people in the neighborhood who are not on welfare

  18. Posted by the real columbia | August 2, 2007 at 2:05 PM

    what are you guys talking about? columbians hardly venture so far south as 81st. for our mediocre chinese food with cheap boxed wine we walk two blocks to cottage…its on amsterdam and 113th and could kick the silk road’s ass. i swear if restaurants could fight it would.

  19. Posted by Patrick Bateman | August 2, 2007 at 2:36 PM

    I prefer Harry’s. The crowd is decent, sometimes you can really slay the ladies.

  20. Posted by 'Nuff Said | August 2, 2007 at 3:39 PM

    bourbon st. on thursdays $0.50 beers all night

  21. Posted by Anonymous | August 2, 2007 at 5:01 PM

    nothin like slaaaaaaaaaying some ho-s

  22. Posted by cc02 alum | August 2, 2007 at 5:06 PM

    oh cottage, that really brings me back. free box wine and fried little sticky buns $1.99

  23. Posted by To Old For Enron at 30 | August 2, 2007 at 5:32 PM

    What was the name of the bar Jeff Skilling got hammered at and then went around yanking up women’s shirts looking for federal “wires” according to him?
    HBS and then McKinsey before Enron, wasn’t it? Ah….those were the days.

  24. Posted by Frogger Master | August 3, 2007 at 12:06 AM

    Barcade in Williamsburg.
    Sure, you’ll stick out like a sore thumb, but if you can beat the high score on Pac-man, the Hipsterettes will be all over your joystick.

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