After 60 years I left Chicago to move to Wisconsin. Most Illinoisans moved south to Florida, Tennessee or Arizona. Some just moved over the border to Indiana. I assume NYC is the same. As the taxes went up to the highest they could, 11% sales tax and a million dollar home pays $30,000 every year in property taxes. Property values have not gone up in decades. And many major businesses have left the state. I’m guessing the poor will stay.
They already have the TBTA gold mine. Tolls are already insanely high to subsidize the MTA. The bridge and tunnel construction bonds were paid off decades ago.