Leaving New York: High earners in finance and tech explain why they left the 'world's greatest city'

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Brenan Hefner first came to New York 20 years ago in search of a career on Wall Street. Now he is one of thousands of high earners who’ve left this year, an exodus that is deepening concerns over a projected $9 billion budget shortfall.

Key Points

Data from the U.S. Postal Service, national moving companies and tech start-ups tracking smartphones all show an elevated outflow from New York City this year. Brenan Hefner, co-founder and chief operating officer of Analyst Hub, and his family outside of their former home in Pelham, NY.arrived in New York 20 years ago in search of a career on Wall Street.

He would still be there if it wasn't for the coronavirus pandemic. When Hefner, co-founder of a research platform called, sold his house this summer to a couple from London, he wondered if it made sense to look beyond the surrounding neighborhoods for a new home. He ended up moving his family to Dallas last month.

 

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Won’t somebody please think of the elite rich?!

We’ll miss the Hefners here in town :-(

Florida on it's fourth straight GOP governor. FL has a AAA rated budget, a balanced budget, 5th lowest tax burden.

Ayn Rand’s “Atlas Shrugged” predicted all of this in 1957. Stop wasting your time listening to life long politicians and read it. The “looters” and “freeloaders” (mob) destroyed NYC and they will eventually destroy you. realDonaldTrump is your last chance for freedom

Time to collect the spoils and go make another state broke. They should charge an exit tax these people.

The Mayor, AG and Gov all stink. Leave until they stand strong and shape up. No more coddling criminals.

When will people WTFU and realize socialism and liberalism never, ever work and always hurt the poor the most. KamalaHarris and JoeBiden want to turn America into NYC. It’s IMPOSSIBLE to legislate fairness. LIFE WILL NEVER BE FAIR and they know it.

Did anyone think NYC would end differently after implementing a full liberal, socialist agenda? BilldeBlasio should be hauled out of City Hall by his ankles and thrown in jail for life. The irony is the poor will suffer the most as they don’t have the means to leave NYC

Get ready to pay more under Joe!

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