Escape from New York City.
New York City witnessed an outflow of tens of thousands of high-earning residents from 2017 through 2022 who took billions of dollars of income with them, although the Big Apple saw a population increase in 2023 and 2024 spurred on by an influx of migrants, according to a new report.
The Big Apple’s population started to decline in 2017 and then plummeted during the pandemic by nearly a half-million residents between April 2020 and July 2022, according to the report by the nonpartisan Citizens Budget Commission (CBC), based in Albany…