Study: New York lost net 70K residents and $34 billion in personal income this year

Posted on AllSides December 15th, 2020
From The Center

Roughly a net of 70,000 New York City residents have left the area since COVID-19 first hit the country earlier this year, resulting in approximately $34 billion in lost income, according to a study released Tuesday by location analytics company Unacast.

The report, which examined the impacts of the coronavirus pandemic on three New York City neighborhoods — Williamsburg in Brooklyn, Astoria in Queens and Tribeca in Lower Manhattan — found that about 3.57 million people in total left the city this year between Jan. 1 and Dec. 7....

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