Latest news with #Ex-NewYorkers
Yahoo
03-05-2025
- Business
- Yahoo
Ex-New Yorkers reveal why they joined the 150K strong exodus fleeing NYC for Florida
Ex-New Yorkers have declared something is rotten in the Big Apple, explaining Friday why they moved in droves to the Sunshine State instead. According to a new study by the nonpartisan New York-focused Citizens Budget Commission (CBC), more than 150,000 residents reportedly fled New York for Florida between 2018 and 2022. With about 50,000 leaving Florida for NYC, the Big Apple saw a net decrease of over 100,000 residents who took almost $14 billion in income along with them. This is part of an ongoing, years-long exodus of people from some of America's most liberal states, particularly in the aftermath of the COVID-19 pandemic and the homelessness and economic issues that surged in its wake. Alex Taub, the co-founder of entertainment tech startup Goblintown, was one of many new Floridians who spoke to the New York Post about his motivations for leaving New York in the rearview mirror. California's Population Expected To Decline As Florida And Carolinas' Soar In 2024: Survey "People thought we were crazy when we were telling them this but it just started getting more and more bleak in New York," Taub said. "For the same price that we were paying [for a two-bedroom apartment] in New York, we were getting a five-bedroom, four-bathroom house with a pool and a backyard." Read On The Fox News App The lifelong New Yorker said he once would have considered it "blasphemous" to leave, but the potential change in his work-life balance was too good to pass up. "A lot of friends have moved down here, a lot of people in tech, a lot of people in business. The people who stayed are the people with kids," Taub told the New York-based outlet. "I've never worked harder in my life but I know that at 5 o'clock today I can jump in the pool for a short break with my kids and have fun." Bustle Media CEO Bryan Goldberg praised south Florida's government, telling the New York Post it "is composed of dozens of small towns with accessible, sane leaders who work hard to improve our lives." "I can get on the phone with the Miami Beach mayor at any time, and so can any of my neighbors," the CEO added. "Once one experiences this sort of relationship with their government, it is impossible to return to the Kafkaesque NYC experience." Luxury retail consultant Melanie Holland said many of her clients offer a similar list of grievances about New York City, such as, "Why do I want to pay New York state or New York City taxes when I walk out my door and there's a homeless person, or my Walgreens is shut down because of theft?" Click Here For More Coverage Of Media And Culture She added further that many of her clients "hate" what has happened to New York City, noting crime and the smell of marijuana. Broadstreet Global CEO David Feingold noted that at least 20 people that work in his organization have petitioned to relocate to the Sunshine State. While he said that New York's high taxes and weather are timeless drawbacks, the new element actually driving longtime residents away is the "cumulative effect" of crime and immigration. Feingold claimed that, much to his surprise, none of the people he knows who have relocated from New York to Florida regret the decision. "That's the amazing thing — I thought I would get complaints about the lack of art and culture that you can only find in New York." CBC president Andrew Rein also spoke to The New York Post about the exodus, noting, "The key is with any place you need the benefits to outweigh the cost. The question right now for New York is what do we offer? We have to make sure the benefits of being in New York are worth the cost."Original article source: Ex-New Yorkers reveal why they joined the 150K strong exodus fleeing NYC for Florida
Fox News
03-05-2025
- Business
- Fox News
Ex-New Yorkers reveal why they joined the 150K strong exodus fleeing NYC for Florida
Ex-New Yorkers have declared something is rotten in the Big Apple, explaining Friday why they moved in droves to the Sunshine State instead. According to a new study by the nonpartisan New York-focused Citizens Budget Commission (CBC), more than 150,000 residents reportedly fled New York for Florida between 2018 and 2022. With about 50,000 leaving Florida for NYC, the Big Apple saw a net decrease of over 100,000 residents who took almost $14 billion in income along with them. This is part of an ongoing, years-long exodus of people from some of America's most liberal states, particularly in the aftermath of the COVID-19 pandemic and the homelessness and economic issues that surged in its wake. Alex Taub, the co-founder of entertainment tech startup Goblintown, was one of many new Floridians who spoke to the New York Post about his motivations for leaving New York in the rearview mirror. "People thought we were crazy when we were telling them this but it just started getting more and more bleak in New York," Taub said. "For the same price that we were paying [for a two-bedroom apartment] in New York, we were getting a five-bedroom, four-bathroom house with a pool and a backyard." The lifelong New Yorker said he once would have considered it "blasphemous" to leave, but the potential change in his work-life balance was too good to pass up. "A lot of friends have moved down here, a lot of people in tech, a lot of people in business. The people who stayed are the people with kids," Taub told the New York-based outlet. "I've never worked harder in my life but I know that at 5 o'clock today I can jump in the pool for a short break with my kids and have fun." Bustle Media CEO Bryan Goldberg praised south Florida's government, telling the New York Post it "is composed of dozens of small towns with accessible, sane leaders who work hard to improve our lives." "I can get on the phone with the Miami Beach mayor at any time, and so can any of my neighbors," the CEO added. "Once one experiences this sort of relationship with their government, it is impossible to return to the Kafkaesque NYC experience." Luxury retail consultant Melanie Holland said many of her clients offer a similar list of grievances about New York City, such as, "Why do I want to pay New York state or New York City taxes when I walk out my door and there's a homeless person, or my Walgreens is shut down because of theft?" She added further that many of her clients "hate" what has happened to New York City, noting crime and the smell of marijuana. Broadstreet Global CEO David Feingold noted that at least 20 people that work in his organization have petitioned to relocate to the Sunshine State. While he said that New York's high taxes and weather are timeless drawbacks, the new element actually driving longtime residents away is the "cumulative effect" of crime and immigration. Feingold claimed that, much to his surprise, none of the people he knows who have relocated from New York to Florida regret the decision. "That's the amazing thing — I thought I would get complaints about the lack of art and culture that you can only find in New York." CBC president Andrew Rein also spoke to The New York Post about the exodus, noting, "The key is with any place you need the benefits to outweigh the cost. The question right now for New York is what do we offer? We have to make sure the benefits of being in New York are worth the cost."
New York Post
02-05-2025
- Business
- New York Post
Ex-New Yorkers dish on why they moved to Florida for good: ‘People thought we were crazy'
Ex-New Yorkers who have fled to Florida say they have no regrets after ditching high taxes and crime for a sunnier, cheaper and safer lifestyle. A relentless 'escape from New York' has hammered the city as more than 125,000 residents left for Florida between 2018 and 2022 and took nearly $14 billion in income with them, according to a new study from the nonpartisan Citizens Budget Commission. Alex Taub, cofounder of entertainment tech startup Goblintown, relocated to Miami with his wife and two young children from the Upper West Side of Manhattan in July 2020 during the lockdowns – and said rent also was a major factor. 'People thought we were crazy when we were telling them this but it just started getting more and more bleak in New York,' Taub told The Post. 'For the same price that we were paying [for a two-bedroom apartment] in New York, we were getting a five-bedroom, four-bathroom house with a pool and a backyard.' 5 Goblintown CEO Alex Taub moved to Florida with his family in 2020. Alex Taub The CBC's report noted that wealthy New Yorkers have left in droves, with the approximately 26,000 people who moved from New York to Miami-Dade County holding a per-capita income of over $266,000. Taub, a lifelong New Yorker who was active in the city's tech scene, said he previously would have considered it 'blasphemous' to leave, but has been won over by the work-life balance and lower taxes. 'A lot of friends have moved down here, a lot people in tech, a lot of people in business. The people who stayed are the people with kids,' Taub said. 'I've never worked harder in my life but I know that at 5 o'clock today I can jump in the pool with my kids and have fun,' he added. Bryan Goldberg, CEO of Bustle Media, said South Florida 'is composed of dozens of small towns with accessible, sane leaders who work hard to improve our lives.' 5 Bustle CEO Bryan Goldberg (right) moved to Miami from New York City. Getty Images for Bustle, Bleecker Street Media, & ShivHans Pictures 'I can get on the phone with the Miami Beach mayor at any time, and so can any of my neighbors,' he added. 'Once one experiences this sort of relationship with their government, it is impossible to return to the Kafkaesque NYC experience.' Some relocators are retired 'snowbirds' – who fly down south to Florida to escape harsh New York winters – making the move permanent, which happens every year. A bigger shift took place during the pandemic, when New Yorkers seized on cheap rents in Florida to work remotely, according to luxury retail consultant Melanie Holland. Many found they enjoyed the sun outside with their children and got hooked. 'Why do I want to pay New York state or New York City taxes when I walk out my door and there's a homeless person, or my Walgreens is shut down because of theft?' many of Holland's clients told her. 5 Wealthy New Yorkers left in droves, with the approximately 26,000 people who moved from New York to Miami-Dade County holding a per-capita income of over $266,000. Unwind – These transplants 'hate what New York City has become' – complaining of crime and the stench of weed, she said. While many miss New York's energy, there's no turning back after going through the hassle of selling their apartments and wrangling with the IRS to obtain Florida residency, Holland added. David Feingold, the Miami-based CEO of Broadstreet Global, said he has at least 20 people in his organization who have put in a request to relocate from New York City to South Florida in the last 18 months. 'Taxes and weather have existed since the beginning of time in New York,' Feingold told The Post. But what changed in the last 18 months is the 'cumulative effect' of crime and immigration, he added. Feingold said that none of the people who moved from New York to South Florida have regretted their decision. 5 Executives told The Post that Florida offers a more laid-back, affordable lifestyle. Felix Mizioznikov – 'That's the amazing thing — I thought I would get complaints about the lack of art and culture that you can only find in New York,' he said. Instead, the New York transplants have 'bought themselves a boat, a bag of golf clubs and they have been able to find alternative outlets for their time.' Feingold added: 'People have offset what they lost by leaving New York.' David Goldberg, a general partner at Miami-based Alpaca VC, said he and his family initially moved to Florida in August 2020 for what they saw as 'kind of like a 'try before you buy'' – and never left. 'It is a significantly better place for me and my family to live from a personal and family perspective,' Goldberg said. 5 Miami has emerged as a budding tech and business hub in recent years. be free – While good weather and no state income tax are both positives, Goldberg said Miami has a unique cultural identity that has grown as the city evolved into a budding tech hub. 'I think we've all recruited a bunch of people to come down here,' he added.
