Headline after headline made it seem like half of Manhattan had moved to Florida for good.
Reality check: Only a small percentage of Manhattanites relocated permanently to Florida last year. And as vaccinations amp up, many might be returning — or changing their plans to move in the first place, according to Bloomberg News.
Only 2,246 people filed a permanent address change from Manhattan to Miami-Dade County last year, while 1,741 went to Palm Beach County.
Still, even a few moves can have a large impact on New York City. The top 1 percent of New Yorkers paid $4.9 billion in local income taxes in 2018,accounting for 42.5 percent of the total collected, according to the city’s Independent Budget Office.
(source: therealdeal.com)
ShareMAR
2021