Wall Street firms should just move out of NYC and watch it rot
Considering almost all market activity is done through algos and electronic trading these days, they don’t even need to be there anymore like NYSE or NASDAQ or all of the big banks.
Considering the people there all hate them because of rich people and Wall Street, they want to tax billionaires and don’t care about the economic fall out from that, they hate land lords and want to police real estate investments, they have a mayor that doesn’t support the police, want illegal immigrants to stay and pay for them to live better than some New Yorkers, might as well just take their business somewhere else and watch it rot.
Once the rich people and firms that makes NYC rich and have one of the highest GDP states and cities in the country and even world and they can’t afford to pay for any of that crap
Posted Mar 1, 2026, 2:29 PM UTC