" So You Think New York Is ‘Dead?’"
Yes, Jerry it's dead.
Posted on 12/16/2020 6:27:57 PM PST by yesthatjallen
New York’s golden geese are flying south, and not just for the winter.
The analytics firm Unacast reports that more than 3 million have fled the city during the pandemic — replaced by slightly fewer who earn a lot less, for a net reduction in income of some $34 billion. Its estimates, based on cellphone data, may be off a bit, but signs that higher earners have left town are everywhere.
And top businesses are eyeing the exits, too. Deutsche Bank AG is the most recent in a long line of major companies looking to escape the tax-heavy, high-cost city to set up headquarters in friendlier business climates such as Florida and Texas.
The German investment bank is considering moving nearly half of its 4,600 Manhattan staffers to smaller hub cities around the country over the next five years, exploiting the newly discovered convenience of remote work.
Just last week, Goldman Sachs announced it’s looking to move its asset-management arm, which generates $8 billion a year of revenue for the city.
And billionaire Paul Singer is already moving the headquarters of his $41 billion hedge fund Elliott Management from Manhattan to Florida.
SNIP
(Excerpt) Read more at nypost.com ...
Aw, crap...spreading socialism to the hinterlands.
No! Stop them! These are ultra liberal companies that will ruin Texas and Florida. Charge them massive taxes, do something but don’t turn Florida and Texas into New York South.
Kinda funny Democrats where going nuts over Deutsche Bank turning over documents on Trump in New York and yet they are now moving to Florida where Trump is living now
No point in staying in New York City if you can’t do anything there.
The big problem is that the New Yorkers would take their voting habits with them!
Who would move into New York now?
" So You Think New York Is ‘Dead?’"
Yes, Jerry it's dead.
Is De Blasio happy now? The worst mayor in the history of the United States bar none. How are you going to make up that revenue Bill? Tax the non-riders of the subways even more?
Cuomo and DeBlasio both sacrificing Manhattan at the NWO alter.....but the nice thing about a Republic, is that people can move elsewhere.....I’m sure that’s frustrating to the CCP
I remember seeing a video of BLM protesters trying to stir up trouble in Miami when all the protests were first starting to get out of control....big Black cops put a stop to it real fast, and DeSantis has been very good on COVID restrictions
With the economic downturn, maybe a great place to become a heroin kingpin and pimp.
You’ll need some real estate, dealers, whores, goons...
N Y C K E Y
M O U S E
At least NYC will have California’s shoulder to cry on, and
vice versa.
anyone get the feeling this is by design?
Why better way to solidify communist bases by forcing out the productive in the state then enacting draconian laws.
Then, with CCP finding, sweep into the other states.
DeBlasio is leaving
He bought a “vacation home” down the road from my parents in their gated community in NE PA
Those in the know are leaving
CoronaVirus 2.0? NYC? 30 minute death after catching it?
There is a reason everyone with money is leaving NYC
Where in PA did diblasio buy a home?
This is disturbing. I want there to be a vibrant lively habitable new york for new yorkers to live in so they don’t move near me regardless of how they vote. The money isn’t worth increased traffic or crowds.
Wow. Even the terrorists could not do a better job of destroying this city as the Democrats have.
Heh heh heh, couldn’t happen to a worthier city......
Congratulations democrats! Wherever they are in control and push their socialist Gaia worshiping agenda economies and states are destroyed. If they take control of all three branches through their cheating then what they have done to California and New York will be nothing compared to the destruction they rain down on America.
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