The abandonment of New York City – Axios

23August 2020

Unexpectedly, the city that never ever sleeps is starting to feel strangely drowsy. Apartment or condo vacancies are at a record high, more than 1,200 dining establishments have actually closed, and Wall Street bigwigs are doing their jobs from Greenwich or the Hamptons.

Why it matters: New York City is a success story in repeling COVID-19, however a lot of its most affluent and most effective citizens have actually run away, a few of them never ever to return.

Driving the news: While the city normally clears out in August, with well-heeled New Yorkers taking vacations or moving to their 2nd homes, this time feels different:

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