new york yacht club military membership

How Much Does a New York Yacht Club Membership Cost?

The New York Yacht Club, said to be the best club in the world by sailors, is located in New York City and New Port, Rhode Island.  It was founded in 1844 by a group of yachtsmen at the time.

The club was established in 1844, making it one of the oldest clubs in New York.

To date, the club has more than 3,000 members, and membership to the club is by invitation only.

How much does a New York Yacht Club membership cost?

Being a private club, the fees are not publically known, but from our research from third-party sources, we found the membership fees are said to be said to be low $xx,xxx annually and the initiation dues are said to be less than $25,000.  These are estimates given by a third-party source and cannot be deemed accurate.  Refer to the club for more information on the exact pricing.

To join the club, a potential member has to be nominated by a current club member, and as a requirement, the applicant needs to have applicable boating experience and three letters of recommendations.  If approved for membership, the new member is allowed to attend a reception ceremony at the Harbor Court, weather permitting in spring or at the clubhouse at 44th street in the fall.  To read more about the club’s application procedure and by-laws, you can refer to this official PDF.

New York Yacht Club overview

The headquarters offers high-end dining options, patios and libraries filled with books from floor to ceiling, according to Investopedia .  As per BusinessInsider.com , the primary clubhouse also features the  Model Room , which is a room featuring a massive display of model ships.

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The club’s headquarters, a six-story stone-front building, is located on 44th street in Manhattan.  Aside from this location, as mentioned, the club offers a located on the water in Newport, Rhode Island.

The club is known for starting the  Americas Cup  yacht race.

54 percent of the members are yacht owners as per the official brochure.  Of these, 1,116 are sailboards and 614 are powerboats.  The rest are yachts ranging from 22 to 289 feet long.

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How Much Does a New York Yacht Club Membership Cost?

Frequently Asked Questions

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If you are thinking about joining the New York Yacht Club, you are probably wondering how much it costs to become a member. The answer is that it depends on the type of membership you are interested in and the initiation fee, which varies depending on factors such as age, military service, and connections to existing members.

The New York Yacht Club offers several types of membership, including regular, intermediate, junior, and honorary. Regular membership is the most expensive, with an initiation fee of $150,000 and annual dues of $12,000. Intermediate membership has a lower initiation fee of $7,500 and annual dues of $6,000, but is only available to those between the ages of 21 and 39. Junior membership has an initiation fee of $1,000 and annual dues of $1,000, but is only available to those under the age of 21. Honorary membership is by invitation only and does not require an initiation fee or annual dues.

Membership in the New York Yacht Club comes with a number of benefits, including access to the Club’s facilities, which include dining rooms, bars, meeting rooms, and sailing centers. Members also have access to the Club’s extensive library, archives, and art collection. In addition, the Club organizes numerous social events throughout the year, including regattas, dinners, and receptions.

The process for becoming a member of the New York Yacht Club begins with a nomination by an existing member. The nomination must be supported by at least four other members and include a statement of the nominee’s qualifications. After the nomination is received, the Membership Committee reviews it and determines whether to invite the nominee to submit an application. The application must be accompanied by letters of recommendation and other supporting documents. The Membership Committee then reviews the application and makes a recommendation to the Board of Directors, which has final approval.

The dress code at the New York Yacht Club is formal, especially in the dining areas. Men are expected to wear jackets and ties, while women are expected to wear dresses or suits.

The minimum age for regular membership in the New York Yacht Club is 40. However, there are other types of membership, including intermediate and junior memberships, that are available to younger individuals.

Membership in the New York Yacht Club requires a significant time commitment, particularly for those who are involved in sailing activities. Members are expected to participate in regattas and other events, and to contribute to the Club’s activities and programs.

Yes, there is usually a waiting list for membership in the New York Yacht Club, particularly for regular membership. The length of the waiting list varies depending on the type of membership and other factors.

To be eligible for intermediate membership in the New York Yacht Club, an individual must be between the ages of 21 and 39 and have a sponsor who is a regular member of the Club. Intermediate members have full access to the Club’s facilities and events, but are not eligible to vote or hold office.

Memberships in the New York Yacht Club are transferable, but the transfer process is subject to approval by the Board of Directors. The transfer fee is based on the current value of the membership and is paid by the new member.

Membership in the New York Yacht Club is a binding commitment, and cancellations and refunds are not generally available. However, there are some circumstances under which a member may be released from the commitment, such as a move to a distant location or a significant change in financial circumstances.

Yes, military veterans are eligible for a discount on the initiation fee for regular membership in the New York Yacht Club. The discount is based on the individual’s length of military service.

The New York Yacht Club is one of the most prestigious and influential sailing clubs in the world. The Club has a long history of promoting excellence in sailing and has been involved in many important events and initiatives in the sailing community, including the America’s Cup and the U.S. Sailing Team.

The New York Yacht Club Foundation is a charitable organization that is dedicated to supporting sailing and marine conservation initiatives. The Foundation provides funding for a variety of programs and projects, including youth sailing programs, sailing education, and marine science research.

The New York Yacht Club was founded in 1844 and quickly became one of the most influential and prestigious sailing clubs in the world. The Club has played a significant role in the development of sailing as a sport and has been involved in many important events and initiatives in the sailing community. The Club’s facilities, which include its iconic clubhouse in New York City and several sailing centers throughout the United States, are among the finest in the world.

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New York Yacht Club

Today’s New York Yacht Club is, Commodore Lawrence Huntington says, “a far cry from white-haired businessmen having lunch in February in Manhattan.” It is no longer, as it was for most of its existence, a paradox: a yacht club with no permanent waterfront presence, only a midtown address, on West 44th Street between 5th and 6th avenues. With a clubhouse in Newport, R.I., that has become a popular summer destination, the club now attracts more young sailors into its fold than ever before.

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Even before the 1988 addition of the Newport clubhouse, the 160-year-old club could argue it was the world’s preeminent yachting association. “As the yacht club was the earliest and only organization to have a national scope, thinkers and influential people in the sport tended to convene under the banner of the New York Yacht Club,” says Huntington. “It became established as the place where that influence would be wielded, and I think that persists to this day.”

John Cox Stevens, the club’s founder and first commodore, owned the schooner America, which, in 1851, bested a fleet of English competitors, caught the attention of Queen Victoria, and inspired the launch of the America’s Cup race. From 1851 through 1983, the club successfully defended the trophy 25 times.

However, after losing the America’s Cup to Australia in 1983, the officers of the NYYC realized that their organization’s identity had depended too heavily on its stewardship of the trophy. Younger sailors, especially those not living in New York, were joining clubs with waterfront properties, while the NYYC was fast becoming a creaky watering hole where Manhattan bankers would talk business rather than sailing over their cocktails.

The rejuvenation process began when the club acquired Harbour Court in Newport, once the summer home of John Nicholas Brown, of the Brown University Browns. By providing members with access to the steady winds and deep waters of Rhode Island Sound, Harbour Court quickly transformed the club’s character. “The club used to be a place where people met in the wintertime and convened for parties and dinners, and by definition, that meant an older crowd,” Huntington says.

Like its Harvard Club neighbor, the 44th Street clubhouse, which was designed by Grand Central Station architect Whitney Warren, still serves as a traditional, jacket-and-tie midtown club. It includes a full bar, leather couches, rooms for overnight guests, and a musty library full of noteworthy nautical volumes. The Model Room, the centerpiece of the West 44th Street clubhouse, contains close to 1,300 miniature ships mounted on the walls or enclosed in glass cases. Downstairs, the dining room, which is shaped like the interior of a hull, is popular for weekday lunches and pretheater dinners. Here, conversation, regardless of its initial direction, usually turns to boating.

At Harbour Court, about 200 miles northeast of midtown, the atmosphere is decidedly different. Deck shoes and polo shirts are part of the weekend dress code, and children are welcome to play outside on the sun-washed and wind-lashed grounds. As is the case at the 44th Street clubhouse, business conversations are discouraged in Harbour Court’s common areas, and cell phones are prohibited.

For decades, because it lacked an on-water facility, the New York Yacht Club was usually a member’s second club; Huntington himself, who lives in New York, belongs to the Indian Harbor Yacht Club in Greenwich, Conn. Now the NYYC has become the primary club for new members, who are continuing the annual tradition of sailing in the Newport-to-Bermuda regatta (2004 marked the event’s 150th anniversary) and the New York–to-Newport cruise. In May 2005, the club will host the Rolex Transatlantic Challenge, a race from New York Harbor to the English Channel that is open to single-hull sailboats 70 feet and longer.

Harbour Court also hosts the national championships of Optimist Prams, which are small boats used as training vessels for children as young as 3 years old. “You can’t imagine a bigger change for the New York Yacht Club than to have hundreds of 7- and 8-year-old Optimist sailors having a competition on its home dock,” says Huntington. “It’s terrific.”

Despite the changes to the club over the years, one element has remained constant: the power of the burgee, the flag with the blue background, red cross, and white star that only members can fly aboard their boats. The NYYC brand is so guarded that members are discouraged from even giving a hat sporting the burgee to a nonmember. The story goes that when a boat flying the club’s burgee approaches a marina anywhere in the world, the dockmaster will quickly find room for the vessel. “Members are proud to fly the burgee,” Huntington says with modesty. “How do others perceive them? I’ll leave that to them.”

Joining the Club

To become a member, a candidate must be nominated by an existing member. While ownership of a vessel is not required, a candidate must be familiar with boats and should have accomplished a significant achievement in boating. “You could be Tiger Woods and not be able to get in the New York Yacht Club if you hadn’t demonstrated anything other than being a gentleman and a super golfer,” says Commodore Lawrence Huntington. “There has to be an interest and an involvement in the sport; then the process is like any other association.”

Once an applicant has been nominated by a member, he or she meets with the membership committee. Upon approval of the application, a new member can attend a reception ceremony at either Harbour Court (in the spring) or 44th Street (in the fall). New members are traditionally given carnations to wear and are welcome to bring their families to the ceremony. The club does not disclose annual membership dues.

212.382.1000

www.nyyc.org

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New York Yacht Club

Stories from the New York Yacht Club

New York Yacht Club 37 West 44th Street New York, NY 10036-6643 (212) 382-1007

Website: http://www.nyyc.org/

The Isle of Wight in the Solent has long been the epicenter of yachting in England. In 1851, a schooner painted black arrived there looking to win races. This was the yacht America, owned by John Cox Stevens, the first commodore and other members of the New York Yacht Club.

NEW YORK YACHT CLUB BECOMES NSHOF FOUNDING MEMBER

These nine individuals agreed to form the New York Yacht Club, with Stevens to serve as commodore.  With much enthusiasm for their accomplishment, the group further agreed to assemble their yachts three days later and cruise to Newport, Rhode Island.

A summer cruise among New York Yacht Club members has been an annual event ever since, with the exceptions of 1861, 1898, and the war years of 1917-1920 and 1941-1945. In 1998, the club celebrated the 100th anniversary of its first cruise to Maine.

A rich and storied history of the New York Yacht Club is available on their website:

http://www.nyyc.org/about/history-heritage

BACK TO YACHT CLUB STORIES PAGE

How Much Does New York Yacht Club Membership Cost?

Founded in 1844 by a group of yachtsmen of the time, the New York Yacht Club is one of the oldest clubs in New York. Sailors say that this is the best yachting club in the world. It is located in New Port, Rhode Island, and New York City.

By now, the club has more than three thousand members and the membership is available only by invitation.

 How Much Does New York Yacht Club Membership Cost?

The costs for joining the New York Yacht Club are not publicly available because this is a private club. However, based on our research, the initiation fee is less than $26,000 , while the annual membership fees are pretty low as well. These are just some estimates offered by a third-party source and can not be considered accurate. You should contact the club directly to find out more information about the exact costs.

According to several websites, the cost of membership depends on the one you choose as the club offers multiple options, including honorary, regular, junior, and intermediate membership. For instance, the Regular Membership is the most expensive one, with annual dues of $12,000 and an initiation fee of $26,000 .

The Intermediate Membership is only available for those who are between 21 and 39 years old and has annual costs of $6,000 and an initiation fee of $7,500. The Junior Membership is available only if you are under 21 years old. The annual costs for this membership level are $1,000 and the initiation fee is $1,000 as well. The Honorary Membership is available only by invitation and does not require annual dues or an initiation fee.

About the New York Yacht Club and Clubhouse

According to the Investopedia.com website, the headquarters provides high-end dining options, libraries filled with many books, and patios.

You might also like our articles on the cost of membership at the Freedom Boat Club , Ocean Reef Club , or Carefree Boat Club .

Also, according to BusinessInsider.com, the primary clubhouse has a Model Room, that features a very large display of model ships.

The New York Yacht Club is known for starting the Americas Cup yacht race.

The headquarters of the New York Yacht Club is located on 44 th Street in Manhattan, in a six-story stone-front building. As we mentioned above, aside from this location, the club has one more location on the water in Newport, Rhode Island.

Important things to consider

Also, you will be required to have three letters of recommendation and applicable boating experience. If you are approved for membership, you will be allowed to attend a reception ceremony organized at the New York Harbor Court, in spring if the weather permits it, or in the fall at the Clubhouse at 44 th Street.

Usually, there is a waiting list for the New York Yacht Club membership, particularly for the Regular Membership. The length of the waiting list would vary depending on the type of membership and other factors.

As a member of the New York Yacht Club , you will have several benefits such as access to the facilities of the club, which include sailing centers, dining rooms, meeting rooms, and a bar. Also, you will get access to the Club’s art collection, impressive library, and archives. Moreover, the Club organizes several social events throughout the year, including receptions, regattas, and dinners.

You can transfer your New York Yacht Club Membership to somebody else, but the transfer process must be approved by the Board of Directors. There is a transfer fee that is based on the current membership value and must be paid by the new member.

In general, refunds and cancellations are not available as membership in this club is a binding commitment. However, in some specific situations, such as a significant change in a member’s financial situation or a move to a distant location, the membership can be canceled.

The club has a formal dress code, especially in the dining areas. Women should wear suits or dresses, while men should wear ties and jackets.

According to the official club’s brochure, 54% of the members own a yacht. 614 out of these are powerboats and 1,116 are sailboards. The rest of these are yachts with a length that ranges from 22 to 289 feet.

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Founded in 2007, the New York Yacht Club Foundation has contributed $8.1 million to fund much needed capital projects in both New York and Newport.

The care and maintenance of these historic buildings require constant attention and is only made possible by the support of the New York Yacht Club Foundation.

Make a donation

About the 44th Street Clubhouse

In 1897, Commodore J. Pierpont Morgan’s unexpected purchase and donation of a three-lot site on West 44th Street was the gift on which the New York Yacht Club would erect its first permanent Clubhouse. Designed by the celebrated Warren & Wetmore architectural firm and completed in 1901, the historic Landmark building—so designated by New York City’s prestigious Landmark Preservation Commission—is a preeminent example of Beaux Arts architecture.

About Harbour Court

Conceived by the Boston-based consortium of Cram, Goodhue and Ferguson, the Renaissance Norman-style mansion was completed in 1906, five short years after the 44th Street Clubhouse. The former summer estate of the late NYYC Commodore John Nicholas Brown, Harbour Court was acquired by the Club in 1988, and has since evolved into the internationally recognized Clubhouse and sailing center that it is today.

About Station 10

In 1845, Commodore John Cox Stevens commissioned architect Alexander Jackson Davis to design the New York Yacht Club’s first Clubhouse—a distinctive structure influenced by the Gothic Revival school. Originally erected in Hoboken, New Jersey, it was later moved to Glen Cove, New York, where it was known as Station 10. The structure was later moved to Mystic Seaport in Connecticut before a final journey to its lasting home at Harbour Court.

CONSIDER MAKING A

Over the next decade, with multiple projects on the horizon, in the planning stages or under way at both Harbour Court or 44th Street, major funding is required to ensure that these Clubhouses are preserved for future generations. These efforts include rebuilding a seawall and restoring the boathouse at Harbour Court. The ongoing annual maintenance of these historic buildings is made possible by the New York Yacht Club Foundation and your generous support.

NYYCF Board of Directors

Harry t. rein.

President & Chairman

Joseph F. Huber

Vice President - Development

Marie Klok Crump

Vice President - Marketing

Christopher L. Otorowski

David k. elwell, jr..

At-Large Member

Charles H. Townsend

William mathews (matt) brooks.

Chairman Emeritus

Board of Directors

Lauretta j. bruno, david t. guernsey, jr., amy h. ironmonger, ralph heyward isham, gary a. jobson, michael f. johnston, commodore philip a. lotz, mark mashburn, douglas l. newhouse, carol o’malley, charles f. willis iv, donald j. steiner, arthur j. santry iii, executive director, trixie b. wadson.

Get in Touch

For more information or assistance with making a contribution, please contact the Foundation by calling 401-608-1125 or [email protected] .

C lub Facilities

Our facilities are located at Liberty Harbor Marina in Jersey City. This location is easily reached by public transportation, ferries and car. Our land-based Clubhouse features a grass lawn and several decks where Members can relax on rocking chairs. If you live in an apartment, our Clubhouse will become your backyard and outdoor terrace.

Members love to relax at the Clubhouse and escape the bustle of city life. After races, teams gather around the BBQs and cook dinner. On weekends, Members enjoy the cushioned benches below the sun awning. The social connections and friends you make at the Manhattan Yacht Club will become an important part of your life.

“I wish to be a member for the sailing first and foremost. I intend to continue learning through sailing and eventually skipper boats recreationally. In addition to the on-water experience, I wish to join Manhattan Yacht Club for the social aspects off-water. I’ve recently moved to NYC and would love to engage with others who have shared interests.”    – Conner

We are an active Club and Members love sailing. From our Club’s beginning in 1987, we have maintained a fleet of J/24s which is available for all Members to use. You can sail at our Club without owning a boat. The Club currently keeps 13 white J/24s on floating docks in front of the Clubhouse. These boats are all professionally maintained to high standards. There are also an additional 10 red J/24s which are used for our sailing school.

“I have been to Manhattan Yacht Club on several occasions. All of my dealings with staff have been tremendous, courteous and extremely professional. The Manhattan Yacht Club has a prestigious reputation with a community/family feel with many activities and social connections. I want to expand my network of sailing enthusiasts whilst continuing my education through the school. I believe my membership with MYC would incredibly enrich my passion for sailing and it would be an honor to be a member.”    – Bonnie

In addition to the original shared-use fleet, Members are now adding private boats to the Club. These include cruising boats as well as the new fleet of International One Designs plus Sunfish dinghies.

Racing Programs

MYC is renowned for our racing programs. There are Member J/24 races on Tuesday and Wednesday evenings and a corporate sailing league on Thursdays. The IOD fleet races on Wednesday evenings and Saturday afternoons.

“MYC has a great reputation and I experienced some of it’s fantastic sailing community vibes. I would like to bring in my dedication and knowledge to this very special community.  I always try to keep the team together and am of course also keen to help setting up social events for the sailing community.”   – Anja

The Sunfish dinghies race on Saturday afternoons.

There is even an affiliated program which races historic America’s Cup 12 Meters. In winter, the Club organizes a Frostbite Series for Sunfish dinghies. Every few years, we organize the Lady Liberty Regatta and the International Yacht Club Challenge.

Cruising Programs

Each year, many new sailors join our Club with some of them coming from Manhattan Sailing School. After discovering the sport of sailing, people want to gain more experience. Our Club J/24s sail seven days a week from May until October. We have a very popular “Fleet Captain Program” where Skippers volunteer to take fellow Members sailing. This is a great way for new sailors to get involved in the Club, improve their skills and begin making sailing connections. There is also an active Day Sailing League.

“My experience at the sailing school reflected very positively on the club. The instructors themselves, the other MYC members and leadership who spoke on calls, and the members we ran into at the club over the weekend were all welcoming, encouraging, and friendly. This club feels like a great place to get back into sailing. I was also impressed by the club’s fleet of boats and the structured programs in place to grow sailing skills (my experience with the sailing school makes me excited to get sailing again in the fleet captain program).”    – Marc

Mentor Program

Our Club also has a strong educational philosophy. In addition to the Fleet Captain Program which turns novices into seasoned crew, we have a Mentor Program. This is where Club Skippers work with aspiring sailors to improve their skills with the goal of passing our Skipper Certification Test.

“I wish to be a member because I thoroughly enjoyed my time doing the weekend Basic Sailing course and learned a lot. I would like to continue to learn and improve my skills and I think the Manhattan Yacht Club is the best place to do that. I appreciate that you have a mentoring program where experienced sailors can impart their wisdom on newer sailors, and like that the club does multiple social events.”   – Nina

Honorable William Wall

Manhattan Yacht Club’s first major clubhouse is called the “Honorable William Wall” and it is anchored in the harbor near Ellis Island. This clubhouse serves as a spectator platform for the sailboat races and is open from Tuesday through Saturday. This clubhouse is affectionately known as the “Willy Wall” and features an open air bar on the upper deck. MYC Members receive 50% off all drinks at the Willie Wall, just show your membership card! This Clubhouse is also open to the public and used for corporate events. There is a $20 launch fee to reach the clubhouse and Members receive first option for signature events like the Full Moon Party. The Willy Wall is a super impressive place to entertain friends, family and co-workers, plus visitors from out of town.

“I wish to be a member of the Manhattan Yacht Club primarily to improve my sailing skills, and secondly to expand my social network of like-minded people. I was incredibly impressed by the welcoming nature of the members of the club and I’d like to get to know more members of the club.”    – Ian

Arabella is the Flagship of Manhattan Yacht Club. She is a 157-foot mega yacht which offers a luxurious atmosphere and a great place for high-end entertaining. Arabella is primarily used for private events and charters but she is also opened occasionally on an evening for Members. During the summer, Arabella also serves as the Club’s floating hotel. She will accompany the 12 Meter sailors to Newport for the World Championships. Next winter, Arabella will also travel to the Caribbean and Members can book a cabin onboard for a week of mega yachting.

“Growing up sailing was a great escape from the city and was an activity I really enjoyed. Once I started University, sailing became less of a priority and joining a club was difficult in my university. Now that I’ve moved to NYC and started a new job, having the opportunity to be out on the water and take a break from traditional city life, while meeting people who share an appreciation for sailing, would be wonderful.”   – Alexander

Member Community

Our community is an active, engaged and diverse group composed from all backgrounds. Our Members share a common passion for sailing. Almost all Members experience a significant increase in their recreational and social lives after joining Manhattan Yacht Club.

“I took my basic course with Parker, whose enthusiasm for sailing, and the club was so contagious! This seems exactly like the next step I need in order to learn, have fun, and make new friends.”   – Karen

Traveling With the Club

Sailing will take you around the world! Our Club usually organizes one or more international trips every year. In the winter, we organize “Caribbean Week” when Members fly to the Caribbean to sail in the sun for a week as part of a fun flotilla on chartered boats. In November, we head to Bermuda for a vacation and sailing on IODs. We send a team every two years to participate in Monaco Classic Week in September. We also send sailors to the 12 Meter Worlds in Newport RI.

“I really enjoyed my experience with the sailing course. I liked the people I met, the atmosphere of the club, and I’m excited about the events the club puts on. It seems like an excellent place to continue building my experience sailing. I am also excited about the global partnerships as I do like to travel.”   – Kristen

Other Social Events

Closer to home, our big annual social events are the Sailors Ball every April and the Annual Dinner every December. In between there are many gatherings at the Clubhouse, Full Moon Parties in the harbor plus BBQs almost every night during the sailing season.

“I live in Manhattan, and this seems like a great way for me to get more involved in sailing. I sailed my senior year of college, and I sailed J22s quite a bit last summer when I was living in Charleston. This club would be a great way for me to not only learn to race sailboats, but also to meet other individuals in the community who also enjoy sailing. After enrolling in the Manhattan sailing school, I think this would be a great segway into getting more active in the sailing community and growing my sailing knowledge and skillset.”    – Daniel

Dues & Initiation Fee

All Members begin by joining the Club as a Regular Member. This provides you with access to the Club community, facilities as well as the shared-use fleet of J/24s if you wish.

The initiation fee is $250. Regular dues are $1,700 per year and billed in quarterly installments. All dues and initiation fees are non-refundable once charged by the club.

Dues for your first year are pro-rated based on the sailing season. If you join from January through May, you pay normal dues. If you join in June, you pay 5/6 the annual dues. In July, you pay 4/6, August is 3/6, September is 2/6 and October is 1/6.

When viewing the graph below, please note that dues for 2024 remain the same as for 2023.

Juniors (25 and under) & Seniors (65 and older) also qualify for 50% off dues.

Members who wish to have Skipper Privileges on the Club fleet of J/24s pay an additional $800 per year. This allows you to reserve a boat and choose the friends you wish to take sailing.

Family Add-On

If you are married or have children under the age of 25, they are automatically granted non-sailing privileges under your membership. This means they can visit the Honorable William for Member Nights and take part in all club social events.  If your spouse and/or children under 25 also wish to be active sailing members and use the club boats and sailing programs like racing, fleet captain and mentoring, then there is a “Family Add-On” with dues of $425 per person per year (1/4 of the full regular dues).

“It’s a fantastic club at an amazing location, and everyone I’ve met so far has been so friendly and welcoming. With the opportunity to continue learning, and to hone my skills upon the most iconic waterway in the world, why wouldn’t I want to be a member?!”     – Edward

How To Join

It’s easy to join the Club. Just complete this on-line Membership Application & Agreement and specify the date you want your membership to begin and what Orientation Meeting you will attend.

“I thoroughly enjoyed the basic sailing course and I felt there is a great community and social side to MYC too as well as the opportunity to learn to sail. I was impressed by the number of programs and opportunities for new members to continue learning e.g. fleet captain program.”    – Lauren

If you have any questions about the club and how it works, or wish to see the facilities, please email  [email protected] before applying for membership. Once you are ready to join, complete the Membership Application & Agreement. Upon receipt, you will be charged the $250 initiation fee. This initiation fee is non-refundable in case you do not follow through with membership. Then once your membership begins, you can start sailing and hanging out at the club!

“I want to continue building on the basic sailing skills I learned with the Manhattan Sailing School, build my network and socialize with other members as I moved to New York last year. The events look like fun, and the Club is also easy to get to from Manhattan which is an added perk.”    – Stephanie

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PRESENTING: 9 Exclusive Clubs That Wall Streeters Are Dying To Get Into

Sometimes even the Masters of the Universe need their own sanctuary from the high-flying world of Wall Street.

Enter Manhattan's exclusive members-only clubs.  

No, we're not talking about the ones behind the velvet ropes, but instead the ones you might not even notice when you walk by.

These hideaways, which tend to come with steep fees and require an invite to join, usually offer members a place to dine, relax and hangout.  They also have some pretty sweet amenities, too.  

What's more is many of these clubs prohibit business meetings and the use of cellphones offering a reprieve from the work day.  Others, however, aren't so strict on conducting business.     

So we've decided to select ten of the city's most exclusive clubs and detailed why they would be ideal for the Wall Street crowd.

Getting into the club is up to you. 

Angler's Club

Location:  101 Broad Street (Financial District)

About:   The club was established in 1906 by members of the fly-fishing community.

Amenities:   The 2,500-square-foot downtown club headquarters features a private 65-seat dining room. The club serves lunches daily for members and guests Monday-Friday from 11 a.m. to 5 p.m.   According to  Forbes ,  the club has "perhaps the best angling library in the world."

Dress code:   Jackets required.

For The Street:   Not only is the club's headquarters located in the heart of the Financial District just blocks from the exchange, but some pretty impressive Wall Streeters have been spotted there including hedge fund legend Paul Tudor Jones , Blackstone's president Hamilton "Tony" James and Silver Lake Partners co-founder Glenn Hutchins . 

Membership:   In 2011, DNAInfo reported that the club has ~600 members from around the world.  Those fly-fishing enthusiasts who want to join have to be invited to the club through introduction of a current member.  While women are allowed to visit and be employed by the club, they're reportedly not allowed to be card-carrying members .

Source: DNAInfo  &  Forbes

The Core Club

Location:  60 East 55th Street 

About: As   The New York Times  put it  "At the Core Club, members have things more unusual in common than Mayflower bloodlines or shared memories of freshman year at Deerfield." Basically, the Core Club is for the ultra-wealthy.

Amenities:   The Core Club has its own restaurant, terrace, bar, lounge and private dining room.  As a member you can have access to speakers, rare art and artists, a satellite office that you can expense, a spa, salon & barber, fitness studio and a screening room.   You also get the keys to some sick sports cars the club rents for its members every year.

Dress code:  While most other clubs maintain strict dress codes, the Core Club allows its members to wear jeans if they choose.   

For The Street:  Chances are at the Core Club you'll be able to rub elbows with the likes of Steve Schwarzman and you  might get the chance to meet the best financiers in the world, like  George Soros, Woody Johnson, and Carl Icahn , who spoke to club members last year.  The late Bruce Wasserstein and the late Ted Forstmann were both members.  Perhaps another reason it's ideal for the Street is unlike most other dining/social clubs you can actually use your electronic devices and hold business meetings.

Membership:  The cost is a $50,000 initiation fee and $15,000 a year to join. 

Source: NYTimes Source: Business Insider   Core Club

The Down Town Association

Location:  60 Pine Street, between William and Pearl Streets (Financial District)

About:  The DTA is the fifth oldest private club in Manhattan and it was initially opened as a luncheon club catering toward the brokers and financiers crowd and later the legal community.  Today the DTA focuses on a younger generation, too. 

Amenities:    In addition to lunches, today the DTA offers breakfast, dinner service and evening drinks, a wine cellar, pool tables and a fitness center.  

Dress code:  Coats and neckties are required in the main dining room and for Wednesday and Thursday dinner.  Otherwise it's business casual.  

For The Street: Location. Location. Location. For the finance crowd, this social club is conventient because it's close to Deutsche Bank's New York offices and it's near the New York Stock Exchange.  It's also not a far walk for those at the World Financial Center or Goldman Sachs. 

Membership:   Both men and women can be members.

Source: The DTA

The New York Yacht Club

Location:  37 West 44th Street (Midtown)

About:  The New York Yacht Club was founded in 1844 by a group of yachtsmen.  The club is also known for starting the Americas Cup yacht race .

Amenities:  The primary clubhouse features what is called a  "Model Room," which features a massive display of model ships  as well as a library and a grill room . Apart from the NYYC's beautiful nautical-themed clubhouse in Midtown, the group also has a base called "Harbour Court" in Newport, Rhode Island. 

For The Street:  The New York Yacht Club's prominent members (past and present) include JP Morgan and Mayor Michael Bloomberg. Oh, and convicted ponzi schemer Bernie Madoff was a member, but he has since resigned.  Another perk of membership is that big names might come to speak.  For example, bond god Jeff Gundlach, the founder DoubleLine Capital, recently gave a presentation to investors at the New York Yacht Club.

Membership:   Invitation only.

Sources: New York Travel Trips ;  New York Yacht Club

The New York Athletic Club

Location:    180 Central Park South

About:  It's a private social and athletic club founded in 1896 as a place for accomplished athletes.  

Amenities:  The club boasts training facilities including a fitness center, swimming pool, basketball courts, boxing rings, squash and racquetball courts and places to practice fencing and judo.  There's also a library, card room and billiards room in addition to dining areas.  There's also a clubhouse on Travers Island located in Westchester County. 

Dress code:   Business casual attire, with jacket and collared shirt, is required in public areas from Monday through Friday.  Women are expected to dress in a similar formality. 

For The Street: Wall Street has a reputation for employing the super competitive people, many of whom happen to be  stellar athletes , which makes the NYAC an ideal place for them to exhibit their athleticism.  

Membership: It costs a reported $8,500 to join and more than $3,000 a year for a membership.   Both men and women can join.  Members (there's about 8,600 ) are top notch athletes from disciplines such as track & field, lacrosse, basketball, swimming, wrestling, rowing, etc.  What's more is the club's members throughout its existence have won 119 Olympic gold medals, 53 silver medals and 59 bronze medals. (Impressive)

Source: NYAC 

The Union Club

Location:  East 69th Street and Park Avenue (Upper East Side)

About:  The Union Club, which was established in 1836, is the oldest private club in New York City.  

Amenities:   The historic Union Club building offers five dining areas, squash courts, a card room and a backgammon room.  

Dress code: Jackets and ties are required for men and women have to dress in a similar formality. Those who wish to play squash are supposed to wear white clothing and collared shirts on the courts. 

For the Street:  As the oldest private club in New York, the Union Club has been described as "an old boys club," so if that's your style it might be an ideal place to join. 

Membership:  Annual membership fees are reportedly $5,000.   

Source: New York Times ;  Page Six Magazine   Union Club  

The Metropolitan Club

Location: 60th Street and Fifth Avenue 

About: Famed financier J.Pierpont Morgan, the club's first president, founded the Metropolitan Club in 1891 after one of his friend's was denied membership to the Union Club.  

Amenities:    One of the highlights of the Metropolitan Club is the rooftop dining offering views of Central Park. 

Dress code:   " Gentlemen are required to wear jackets and ties at all times (turtlenecks and ascots are not acceptable). Appropriate attire for ladies is dresses, skirts, dressy pant suits and business pant suits. Jeans, shorts, stirrup pants, leggings, stretch pants, tight pants, sweats and T-shirts are absolutely not acceptable," according to the club's website.

For The Street: It was founded by J.P. Morgan, 'nuff said.

Membership:  It's open to both men and women.  The private social club is said to cost a reported $5,000 a year.

Source:  Page Six Magazine ,  Metropolitan Club  

Union League Club

Location: 38 East 37th Street between Madison and Park (Murray Hill)

About:  The Union League Club, which was formed in 1863, is rich in history.  The club was founded by a group of men who wanted to preserve the Union.  They were  instrumental in establishing The Metropolitan Museum of Art in 1870 as well as the Sanitary Commission -- a predecessor organization to the American Red Cross.

Amenities:  There are overnight rooms, squash courts, a gym, dining facilities and pool tables on site.  According to a Yelp reviewer, there's a golf simulator on the fourth floor (How cool is that?).   

Dress code:   Business attire, jacket and tie for men and equally formal attire for women, is required throughout the Union League on weekdays between Labor Day and Memorial Day. It's a little more casual during the summer.  

For The Street:  Who doesn't want to get out of the office? Members can go on  outings outside the club such as theater, golf, shooting and wine tasting,  according to a Yelp review .   The Union League Club also offers speakers and events, both of which can be great for networking.    

Membership:  Fees unknown.

Source: The Union League Club

The University Club

Location:   1 West 54th Street

About:   The club was chartered in 1865 and its origins go back to 1861 when a group of college friends, mostly Yale alumni, wanted to form a group to extend their college ties.

Amenities:   Like most members-only clubs, the University Club offers dining, overnight accommodations  athletic facilties such as squash/racquetball courts.  However, there's one thing that most others don't have (anymore) -- nude swimming.  According to a NYTimes' article, nude swimming is allowed for male-members only .  

Dress code:    Men are required to wear jackets, dress shirts and ties. Women are required to wear clothing meeting similar standards -- suits, dresses and skirts or tailored trousers with dress shirts, blouses or sweaters. 

For The Street : The club labels itself as the "premier club of New York," so what Wall Streeter wouldn't want to be seen there? Also, many finance-related panels and events are held at the club, so it's a good place to rub elbows with the best of the industry.

Membership: Both men and women can be members of the University Club.  The fees are kept underwraps. 

Sources: NYTimes  , Page Six Magazine ,   University Club

Want to see inside one of these clubs?

Check Out An Exclusive Tour Of The Amazing Club Where Billionaires Like Steve Schwarzman Hang Out >

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Navy Yacht Club Long Beach is a yacht club serving veterans, active military and the community at large. Our membership includes veterans of the United States Navy, Marine Corps, Army, Coast Guard, Air Force, Department of Defense employees, Coast Guard Auxiliary and the United States Naval Sailing Association members.

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