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The Mamdani Effect: Wealth Flight and the Future of New York City

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Manage episode 517903912 series 1081845
Content provided by Radio America. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Radio America or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
LISTEN and SUBSCRIBE on:
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
Concerns are mounting over a growing millionaire exodus from New York, as high-net-worth residents eye the suburbs and sunnier states like Florida. Dubbed the “Mamdani Effect,” this trend has real-estate insiders buzzing and state leaders watching closely. Some predict Manhattan could drift toward “museum city” status, with corporate HQs kept for prestige while operations shift to lower-tax, business-friendly hubs like Dallas and Miami. As investors hedge and relocation chatter builds, one question looms: is New York entering a long-term era of economic calcification?
  continue reading

1830 episodes

Artwork
iconShare
 
Manage episode 517903912 series 1081845
Content provided by Radio America. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Radio America or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
LISTEN and SUBSCRIBE on:
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
Concerns are mounting over a growing millionaire exodus from New York, as high-net-worth residents eye the suburbs and sunnier states like Florida. Dubbed the “Mamdani Effect,” this trend has real-estate insiders buzzing and state leaders watching closely. Some predict Manhattan could drift toward “museum city” status, with corporate HQs kept for prestige while operations shift to lower-tax, business-friendly hubs like Dallas and Miami. As investors hedge and relocation chatter builds, one question looms: is New York entering a long-term era of economic calcification?
  continue reading

1830 episodes

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