Will the last one who leaves NY

[WRESTLINGFAN]

Please turn the lights out? No surprise here. Highest taxes in the country, a budget bleeding billions, no wonder NY is at the top of the list.

http://realestate.yahoo.com/promo/top-10-states-people-are-fleeing.html

[booster11373]

50000 out of a population of almost 20 million? your right maybe we can give it back to the Dutch or even the Indians if there are any left

[WRESTLINGFAN]

50000 out of a population of almost 20 million? your right maybe we can give it back to the Dutch or even the Indians if there are any left

Dont be so bitter because the Yanks are coming to NC

[SatCam]

i bet theyre illegal immigrating somewhere

[Dude!]

50000 out of a population of almost 20 million? your right maybe we can give it back to the Dutch or even the Indians if there are any left

"The state has seen a steady loss of residents over the past five years, losing an average of 100,000 people per year."

um, it's starting to add up

[Zorro]

"The state has seen a steady loss of residents over the past five years, losing an average of 100,000 people per year."

um, it's starting to add up

When you get deeper into these numbers you'll find that New York is losing a lot more than 100,000 people a year. That's a net number. What has been happening is that higher earners have moved out and been replaced by the lower earning less educated. If it weren't for immigration NYC would be seeing population losses.

From a perception perspective everyone thinks of Manhattan as New York and all looks well there. So, it feels like everything is fine, but well paying factory jobs, corporate jobs etc...etc... have moved out of the State and been replaced by low paying service jobs.

The biggest trend I've noticed is that large corps have kept a presence in NY, but have shipped all the back office work to cheaper states not to mention India. The two off the top of my head are AMEX and TIAA-Creff.

Whats happened is you've wound up with really high earners and really low earners with no one in the middle.

There's a million reasons why this is happening, but the main one has been poor governance.

If you're a young NY native right now without a college education or a mediocre one your only real hope for a decent job is with the City, State or Feds.

[JimBeam]

Many former NYers, myself included, have moved to neighboring states ( in my case CT ) but continue to work in NY.

My wife grew up in Westchester County and after I moved back from college I lived in Putnam County. After we got married there was no way we could afford anything decent in Westchester or where we wanted to live in Putnam.

What we got in CT, just 5 minutes over the NY border, would've cost us $800K in NY.

Pepsi still has their corporate HQs in NY and despite flirting w/ the idea of moving to CT ( which I would love ) it's only be a few divisions and not the actual world HQ in Purchase NY.

CT and I'd guess NJ have become the suburbs that the outer bouroughs used to be when our parents were younger I guess.

[Zorro]

Many former NYers, myself included, have moved to neighboring states ( in my case CT ) but continue to work in NY.

My wife grew up in Westchester County and after I moved back from college I lived in Putnam County. After we got married there was no way we could afford anything decent in Westchester or where we wanted to live in Putnam.

What we got in CT, just 5 minutes over the NY border, would've cost us $800K in NY.

Pepsi still has their corporate HQs in NY and despite flirting w/ the idea of moving to CT ( which I would love ) it's only be a few divisions and not the actual world HQ in Purchase NY.

CT and I'd guess NJ have become the suburbs that the outer bouroughs used to be when our parents were younger I guess.


Small world...family works @ Pepsi and my chick's parents live in Brookfield.
Anyway I think, but am not 100% sure that CT'rs have the highest incomes in the country.

as for your post. I think a lot of that is true (suburbs outer borough) stuff, but what I've seen working in financial services is that while Connecticut has always been a bedroom community of NY and an Insurance Capital most of the area has undergone dramatic change where people in the middle even upper middle have seen their jobs go to the Carolinas or Arizona and Nevada. Most of the manufacturing jobs have gone to other countries...here in LIC I can think of American Standard, Eagle Electric, Swingline and others that have closed shop.

When those manufacturing jobs go so to does the management, suppliers, salespoeple, and a whole lot of other folks down the line. Talking manufacturing is me beating a dead horse. New York has real problems.

Other than visibilty (or an address....same thing) there is no reason a company would choose to set up shop in NY. Taxes alone are insane. Health insurance is more expensive here than anywhere else in the country. I could go on and on, but I'm not just trying to be an idle complainer. I love this city. Grew up here left and came back after military service to open my business 15 years ago. What saddens me is that in 2010 I would not have made the decision to return.

[WRESTLINGFAN]

I am a former New Yorker. Grew up in Westchester, but when it was time for me to buy. The property taxes were out of control. I found a place in Stamford good neighborhood its still close to NY and the taxes are very reasonable. I work in White Plains so its a very easy commute.

Speaking of W'Chester. Fuckin starvin I want a wedge

[angrytruckingguy]

Too bad they couldn't just move West and take a bullet train to the city. I'm in the Chautauqua region now, wine country, and it's beautiful even in the winter.

[JimBeam]

I grew up in the Bronx, lived in Baton Rouge during college and for a few years afterwards, moved back to NY ( Putnam County ), then rented in Westchester County before moving to CT.

For me I liked the idea of CT because it would've been " just " my wife and I ( before the baby ).

By that I mean I liked the idea of both of our core family being within 30 minutes but I also liked that we were making our own thing elsewhere.

We ended up in a community that was brand new, had lots of young families our age and as previoulsy mentioned we're not far from our jobs.

I honestly couldn't envision moving back to NY to be honest.

[JimBeam]

Anyway I think, but am not 100% sure that CT'rs have the highest incomes in the country.

I know a few years ago Fairfield County CT was like 3rd in the nation in income taxes paid or some such thing.

[sailor]

Many former NYers, myself included, have moved to neighboring states ( in my case CT ) but continue to work in NY.

My wife grew up in Westchester County and after I moved back from college I lived in Putnam County. After we got married there was no way we could afford anything decent in Westchester or where we wanted to live in Putnam.

What we got in CT, just 5 minutes over the NY border, would've cost us $800K in NY.

Pepsi still has their corporate HQs in NY and despite flirting w/ the idea of moving to CT ( which I would love ) it's only be a few divisions and not the actual world HQ in Purchase NY.

CT and I'd guess NJ have become the suburbs that the outer bouroughs used to be when our parents were younger I guess.

my company just moved to stamford from midtown (today everything was moved out) almost solely for tax purposes.

[JimBeam]

The company formerly known as PBG ( which was once a part of PepsiCo ) was based in Somers and they were in a rented building ( that was owned by PepsiCo prior to the spinoff in the late 90's ) in which there was only 1 other tenant.

When their lease was coming up they were toying w/ going to Danbury CT and NY and CT were both offering them ridiculous deals to stay. NY wanted to keep then in Somers as along w/ IBM, which is also there, they pay a lot in taxes. NY was very aggresive and wanted to give them all kinds of breaks to stay.

Well before any of that got finalized PepsiCo made the decision to buy them back. So right now PBC ( the new name of the former PBG ) is still renting in Somers, I'm in rented space in Valhalla and they just stopped renting some office space in Norwalk that housed some SoBe employees.

I don't know that we'll move anything to CT but at this point I'm just hoping they move my division back to Somers because that'll make my commute much better.

[cougarjake13]

When you get deeper into these numbers you'll find that New York is losing a lot more than 100,000 people a year. That's a net number. What has been happening is that higher earners have moved out and been replaced by the lower earning less educated. If it weren't for immigration NYC would be seeing population losses.

From a perception perspective everyone thinks of Manhattan as New York and all looks well there. So, it feels like everything is fine, but well paying factory jobs, corporate jobs etc...etc... have moved out of the State and been replaced by low paying service jobs.

The biggest trend I've noticed is that large corps have kept a presence in NY, but have shipped all the back office work to cheaper states not to mention India. The two off the top of my head are AMEX and TIAA-Creff.

Whats happened is you've wound up with really high earners and really low earners with no one in the middle.

There's a million reasons why this is happening, but the main one has been poor governance.

If you're a young NY native right now without a college education or a mediocre one your only real hope for a decent job is with the City, State or Feds.



plus all the sports and entertainment people have to really screw the numbers financially

[Chigworthy]

I grew up nowhere near NY.

[Bob Impact]

If it weren't for immigration NYC would be seeing population losses.

Substitute NYC with "United States" in that sentence and it's still true. And I mean literally true, not figuratively "I'm trying to prove some kind of point about immigration" true.

I know a few years ago Fairfield County CT was like 3rd in the nation in income taxes paid or some such thing.
I just took a quick look and couldn't find anything on income taxes, but could swear I remember hearing that's a myth. That said, when we bought our house we saw a MASSIVE drop in taxes by crossing the line into New Haven County.

Major corporations in Connecticut: General Electric, Duracell, United Technologies, International Paper, Xerox, Praxair, Pitney Bowes, WWE... Pepsi can gladly keep itself in NY for all I care, Diet Pepsi makes my acid reflux so bad it makes me think I'm having a heart attack.

[sailor]

they have to mean dollar value of taxes, right? i know CT taxes are way less than ny. now that i'll be working there we're considering moving just for this reason. except i hear driving south on 95 in CT is impossible. or just driving in general there.

[Bob Impact]

they have to mean dollar value of taxes, right? i know CT taxes are way less than ny. now that i'll be working there we're considering moving just for this reason. except i hear driving south on 95 in CT is impossible. or just driving in general there.

It's more about where you're coming from and going to, although 95 may well be in the Top 10 of shitty roads in this country. My commute tends to be easier (8 south to the Merritt) but even that's bad enough that I shifted my days so I come in at 6 and try to get out of the office no later than 4 (3 on Fridays). The bigger problem is that a lot of the "highways" are old 2 lane affairs with ridiculously short on and off ramps.

[sailor]

It's more about where you're coming from and going to, although 95 may well be in the Top 10 of shitty roads in this country. My commute tends to be easier (8 south to the Merritt) but even that's bad enough that I shifted my days so I come in at 6 and try to get out of the office no later than 4 (3 on Fridays). The bigger problem is that a lot of the "highways" are old 2 lane affairs with ridiculously short on and off ramps.

on colleague is driving from fairfield to stamford and says it will take her well over an hour to go 17 miles. it'll take me a lot less than that coming from the north bronx. i am considering moving to an earlier schedule myself.

[WRESTLINGFAN]

Driving home from my job in Wht Plains isnt so bad at about 5:30-6pm on the merritt. Im off exit 33, However for the people who live past exit 36 its a bitch for them.

[A.J.]

they have to mean dollar value of taxes, right? i know CT taxes are way less than ny. now that i'll be working there we're considering moving just for this reason. except i hear driving south on 95 in CT is impossible. or just driving in general there.

NEVER take 95. I always go home over the GWB, then to the Hudson Parkway then to the Merritt. Less traffic (cars only) and less State police.

[JimBeam]

Diageo is also based in CT.

Taxes in CT, specifically Fairfield County, aren't crazy compared to Westchester.

Some of the towns in Fairfield County ( New Canaan, Ridgefield, Westport ) are close to some towns in Westchester but most are well under.

[JimBeam]

This is from 2007 but CT was considered the 3rd wealthiest state :

http://money.cnn.com/2007/08/28/real_estate/wealthiest_states/

10 billionaires from Fairfield County CT :

http://www.ctpost.com/local/article/10-Fairfield-County-billionaires-among-400-672290.php

[sailor]

NEVER take 95. I always go home over the GWB, then to the Hudson Parkway then to the Merritt. Less traffic (cars only) and less State police.

I live literally 100 feet from the hhp/saw mill, but think I need to hit 95 no matter what. At least it's mostly against traffic.

[Zorro]

http://www.ny1.com/content/top_stories/130985/new-york-to-lose-two-congressional-seats

NY loses two in congress

[Judge Smails]

http://www.ny1.com/content/top_stories/130985/new-york-to-lose-two-congressional-seats

NY loses two in congress

It's all part of our plan to make the Red States into Blue States by the 2020 Census.