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New Yorkers Flee to Suburban Islands in Droves

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COVID-19 and a summer of rioting and looting have driven New Yorkers to flee to the suburbs where they are creating islands of peace. The NY Post details where they left and where they went:

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Where they fled from
Top zip codes New Yorkers exited between March 1 and Oct. 31, 2020, with the number of change of address requests for each area:

1. Upper West Side, 10023: 3,368
2. Upper West Side, 10025: 3,000
3. Murray Hill, 10016: 2,889
4. Upper West Side, 10024: 2,708
5. Chelsea/Greenwich Village, 10011: 2,520
6. Upper East Side, 10128: 2,165
7. Downtown Brooklyn, 11201: 1,836
8. Gramercy/East Village, 10003: 1,677
9. Upper East Side, 10028: 1,631
10. Midtown East, 10022: 1,410
11. Midtown West, 10019: 1,484
12. Upper East Side, 10021: 1,506
13. Chelsea, 10001: 1,222
14. West Village, 10014: 1,192
15. Park Slope, Brooklyn, 11215: 1,006
16. Rose Hill/Peter Cooper Village, 10010: 1,002
17. Midtown, 10018: 987
18. Tribeca/Chinatown, 10013: 899
19. Midtown, 10036: 837
20. East Village, 10009: 728

Where they landed
Top destinations for New Yorkers who left the city between March and October, with the number of change of address requests for each zip code:
1. East Hampton, NY 11937: 2,769
2. Jersey City, NJ 07302: 1,821
3. Southampton, NY 11968: 1,398
4. Hoboken, NJ 07030: 1,204
5. Sag Harbor, NY 11963: 961
6. Scarsdale, NY 10583: 812
7. Water Mill, NY 11976: 577
8. Greenwich, Conn. 06830: 558
9. Yonkers, NY 10701: 567
10. Jersey City, NJ 07310: 434
11. Port Washington, NY 11050: 414
12. Westhampton Beach, NY 11978: 409
13. Princeton, NJ 08540: 395
14. Woodstock, NY 12498: 392
15. New Canaan, Conn. 06840: 389
16. Great Neck/Manhasset, NY 11021: 380
17. Hampton Bays, NY 11946: 344
18. Darien, Conn. 06820: 326
19. Mount Vernon, NY 10550: 325
20. Long Beach, NY 11561: 323

Left in New York are the small business owners who must suffer the draconian rules put in place by Mayor Bill de Blasio and Governor Andrew Cuomo to fight COVID-19. Marlene Lenthang reports in the Daily Mail on restaurants in NYC that are facing a major winter storm having to shut down the outdoor dining that has been their lifeline. She writes:

New York City will suspend outdoor dining starting Wednesday afternoon due to a major storm that will bring heavy snow across the state.

On Monday New York City’s Department of Sanitation issued a Snow Alert for Wednesday starting at 2pm when a powerful nor’easter is forecast to barrel through the East Coast and could dump eight inches of snow or more on the Big Apple.

As a result restaurants are ordered to be closed to outdoor dining starting at 2pm ‘to protect the safety of patrons.’

The city will notify restaurants, which are already closed to indoor dining due to surging coronavirus cases, when they can reopen for roadway seating.

‘Based on the current forecast, the City estimates that this Snow Alert will be over on Thursday evening, allowing restaurants to reopen, but this may change to the morning of Friday, December 18 based on actual accumulations and roadway conditions,’ the city’s sanitation department said Monday.

It’s no wonder so many New Yorkers are heading to Florida or the suburbs. Holden Walter-Warner reports for the Daily Mail:

Palm Beach, Florida, has been a popular destination for New Yorkers looking to escape the danger of COVID-19 in the spring and the civil unrest of the summer.

Many of those moving to Florida are young families no longer interested in the complications of living in New York City at such a perilous time.

Bloomberg acquired a letter from a Sotheby’s realtor to clients, claiming the median age is ‘dropping faster than SpaghettiOs from a toddler’s highchair.’

The changes taking place in Palm Beach are echoing the changes the Hamptons saw in the 1980s as finance workers began to shape the region into what it looks like today.

Citizens of LA are facing similar rules, driving many Californians to opt for Texas instead.

Action Line: Are you stuck in the city, or living the “island” life? Reassess your place in American and find what’s right for you.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.

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