New York Governor Kathy Hochul faced tough questioning on live television Wednesday, as she was grilled by "Good Day New York" host Rosanna Scotto about a recent study that has sent shockwaves through the city. The study found that a significant number of wealthy residents have fled New York City in recent years, a trend that is expected to have far-reaching consequences for the city's economy and tax base. With many of the city's wealthiest residents departing, Hochul was pressed by Scotto to explain the implications of this mass exodus and what the state government is doing to stem the tide of departures. As the city struggles to recover from the economic impacts of the COVID-19 pandemic, Hochul's response to this pressing issue is being closely watched by New Yorkers and policymakers alike.
Gov. Kathy Hochul was pressed by "Good Day New York" host Rosanna Scotto on Wednesday about the study that found wealthy residents have left NYC in droves.
