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Investment Banker Jumps To His Death From Manhattan Luxury Apartment

By Jennifer Deutschmann
Published on: 07:23 PST, May 29, 2015

An investment banker jumped to his death from a luxury apartment building in Manhattan. Authorities confirmed Thomas J. Hughes was 29-years-old.

Witnesses said the investment banker jumped from a window on the 24th floor of the Ocean Luxury Residences. The incident is still under investigation. However, authorities believe Hughes committed suicide from the window of his own apartment.

As reported by the New York Daily News, Hughes eventually struck a guardrail, which runs between Battery Place and an underpass.

Hans Peler, who manages a nearby parking garage, witnessed the grisly scene.

“There were body parts all over the floor… Blood was all over [my employee’s] shirt. I sent him straight home. He was very upset… It’s terrible… “

Witnesses said the impact propelled gore onto the sidewalk, street, pedestrians, and passing vehicles. Although a majority of the witnesses were horrified, others stopped to take pictures.

As reported by Fox News, a group of tourists, who were riding an open-air bus, were seen “scrambling for their cellphones to snap pictures of the body.”

Unfortunately, a startling number of investment bankers jump to their deaths each year. Although suicides are often impossible to explain, stress may be an important factor.

An informal study, published in 2014 by Business Insider, found investment banking to be the “most stressful job on Wall Street.”

According to the article, investment bankers are routinely subjected to a high volume of tasks, which require a high level of concentration.

Career coach Roy Cohen said the demands are even worse on associates.

“The life of a junior banker is one of the last forms of legalized slavery… It is a grueling survival of the fittest existence defined by all-nighters, no time to eat well or to exercise, and compensation that has remained flat for a number of years.”

Associate investment bankers often work up to 90 hours per week, which include a lot of nights and weekends. Although many adapt to the long hours and immense stress, others are not so lucky.

According to reports, Thomas J. Hughes was an associate at Moelis & Company

It is unclear what prompted the investment banker to jump to his death from his apartment window. However, Hughes’ family confirmed he was under a great deal of stress and had attempted suicide on at least one other occasion.

[Image via Shutterstock]

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