I don’t know how stable the situation is in Manhattan, but it’s actually great right now. Just the right amount of people and traffic.

I've lived in the city for the past decade. My husband and I are moving to San Diego in October. Living in a city is great, but the pandemic has shown how important a backyard and space is. Most of my friends/coworkers are staying where they are at or moving to CT/NJ. New York is where the jobs are.

I have several friends in NYC contemplating moving but none have actually pulled the trigger yet. All have rented homes upstate or in CT during the pandemic but are still tied to the city despite deteriorating conditions there.

There’s also the fear that they won’t be able to sell their apartments, especially those in 3 bedroom +

Anonymous wrote:NYC is ruined. It will take a few years for it to get back. Need a new mayor.

Manhattan is actually way better for regular people who live there. Much more relaxed. Maybe it will become a lot more residential, with bigger apartments, aimed more at people who mainly work at home. A lot of the office buildings may get turned into apartments.

NYC is ruined. It will take a few years for it to get back. Need a new mayor.

judging by the real estate market in my southern connecticut town over the last three months, I would say that yes people are moving out of manhattan. the once sleepy market is thriving. bidding wars and homes going for over asking

All of our friends have left manhattan for the most part, but they were renters who would’ve moved to the surburbs in a few years anyway. Unless more remote working is here to stay, a lot of people who are buying in the suburbs because they’re working from home now are going to be miserable working ten hours a day and commuting for 2-3. I work downtown and was already WFH in the survival 2-3 days a week before covid. Commuting 5 days a week is miserable unless your office is near grand central or penn station.

The only people I personally know who are leaving NYC are heading to Hoboken/Jersey City. Cheaper, more space, but still a short trip in on the path.