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Why Did Rich People Leave New York City During the Pandemic?


Sure, the tax revenue is nice. But ….
An outdoor diner with pooch.Credit.Daniel Arnold
April 15, 2021Updated 10:51 a.m. ET
Even without final data from New York City about how many people remained in the city during the pandemic, an abundance of anecdotal evidence exists about the exodus of its wealthiest residents.
At the writer Molly Jong-Fast’s Upper East Side apartment building, less than half a dozen of the 47 units were occupied in April 2020, she said. Mark Armstrong Peddigrew, a personal trainer in Lower Manhattan, said that roughly 85 percent of his clients left town.
At Loaves & Fishes Foodstore, a grocer in the Hamptons where lobster salad costs more than $100 a pound, there were 30-minute lines on Thursday mornings during the off season. ....

United States , New York , Washington Square Park , South Beach , Columbia University , Lower East Side , New York University , Tompkins Square Park , Samarskaya Oblast , Palm Beach , Graham Fortgang , Eric Kober , Cheryl Dunn , Kim Hastreiter , Heath Mcbride , Molly Jong , Faye Wattleton , Los Angeles , Brian Ellner , Kim Gordon , Michael Bloomberg , Ben Maisani , Mark Armstrong Peddigrew , Sloane Crosley , Andrew Carnegie , Daniel Arnold ,

For New York City Rich Who Fled, a Bronx Cheer - The New York Times


Sure, the tax revenue is nice. But ….
An outdoor diner with pooch.Credit.Daniel Arnold
April 15, 2021, 3:00 a.m. ET
Even without final data from New York City about how many people remained in the city during the pandemic, an abundance of anecdotal evidence exists about the exodus of its wealthiest residents.
At the writer Molly Jong-Fast’s Upper East Side apartment building, less than half a dozen of the 47 units were occupied in April 2020, she said. Mark Armstrong Peddigrew, a personal trainer in Lower Manhattan, said that roughly 85 percent of his clients left town.
At Loaves & Fishes Foodstore, a grocer in the Hamptons where lobster salad costs more than $100 a pound, there were 30-minute lines on Thursday mornings during the off season. ....

United States , New York , Washington Square Park , South Beach , Columbia University , Lower East Side , New York University , Tompkins Square Park , Samarskaya Oblast , Palm Beach , Graham Fortgang , Eric Kober , Cheryl Dunn , Kim Hastreiter , Heath Mcbride , Molly Jong , Faye Wattleton , Los Angeles , Brian Ellner , Kim Gordon , Michael Bloomberg , Ben Maisani , Mark Armstrong Peddigrew , Sloane Crosley , Andrew Carnegie , Daniel Arnold ,