I read these articles, believe them and wonder if NYC is heading for a real socio-economic split, rich v poor. I go to NYC at least once a year and marvel at the number of building cranes in use, big cranes working on large residential buildings which will sell or rent for enormous amounts. Is the city going to be an island of wealthy?
One of my kids and a number of friends lived in NYC after college-it was the thing to do. But, they all came home and began families here and never regret it. Money was a large issue in making the move. Plus, they missed their parents of course.