NYC Residents Moved to the Capital Region and Albany in the Pandemic
This story is available exclusively to Insider subscribers. Become an Insider and start reading now. The Capital Region of New York has seen a 214% increase in people relocating from the city and elsewhere. The influx of new residents has led to a housing shortage and apartments being rented sight unseen. Newcomers love the livability, location, and opportunity to get twice the space for half the cost. Last summer, real-estate developer Redburn Development received 2,000 showing requests for just 93 units at its latest redevelopment project, the Kenmore Apa...
Source: businessinsider.com