New York City is a loud, dirty, rude, expensive, obnoxious, expensive as sin and vastly over rated, it is not fun city it is a dump.
10,000 people pay 80% (+/-) of the taxes, if 1,000 leave NYC will implode, the city leaders will raise taxes to make up any short fall.
...causing more to leave, causing a further hike in taxes, causing more to leave until there's just one guy left paying the 500% tax rate.