New York City has been permanently replaced by a coronavirus epidemic, but Palm Beach has also been transformed by the influx of New Yorkers fleeing south.
Palm Beach, Florida is a popular destination for New Yorkers in the spring to escape the dangers of COVID-19 and the summer civil unrest.
Many of the immigrants to Florida are young families who are no longer interested in the hardships of living in New York City at such a dangerous time.
Bloomberg received a letter from clients from Sotheby’s Realtor claiming that the Middle Ages were “coming down faster than spaghetti from a toddler’s high chair.”
There are many people in the Wettenhall family who have left New York for Palm Beach
Sara Yonhall is redesigning her colony hotel on Palm Beach to accommodate New Yorkers.
The changes taking place in Palm Beach are echoing the changes seen by Hamptons in the 1980s, as finance workers began to shape the sector to what it looks like today.
Colony Hotel President Sarah Wettenhall and finance worker Andrew Wettenhall are native New Yorkers who moved to Palm Beach in March.
During the coronavirus epidemic, Sara Wettenhall redesigned parts of the colony hotel to accommodate the influx of families into the area, adding de Gornay wallpapers and some stain-proof furniture.
Another New Yorker who recently relocated from New York to Palm Beach is Anna Retcheva, who worked for Citigroup before starting her own hedge fund.
Hedge fund owner Anna Retcheva also recently moved to Palm Beach from NYC
‘Without the epidemic, moving forward would not have been so easy,’ Retcheva told Bloomberg. ‘I can concentrate without being too distracted, but it’s nice to take advantage of the nice weather.’
Palm Beach Day Academy, a co-private school for pre-K to ninth grade students, has recruited 65 new students from the Northeastern United States over the past several months.
In addition, demand for goats and home caregivers has increased with the influx of young families in New York.
The Wellington Agency, a domestic staffing agency stationed in both New York and Palm Beach, is training new hires at Zoom before starting to work with wealthy customers for the first time.
There are no signs that New Yorkers will stop planting its roots on Palm Beach any time soon.
Palm Beach Day Academy has seen at least 65 new students from the former United States
A New York-based investment group has bought an apartment complex on the island for 47 47 million, according to the South Florida Business Journal.
Meanwhile, Goldman Sachs may consider moving its asset management department to Palm Beach, although not everyone believes the rumors.
Developer Jeff Green told The Palm Beach Post, “The whole idea that financial services, like hedge funds, will be a big job creator, is ridiculous.”
‘I think some will come down here, they will try it, move a few and see if more people come, but I think every hedge fund is going to leave New York City and go to Palm Beach just to get the idea Is stupid. ‘
What’s not stupid is the departure of New Yorkers from the most populous city in 2020.
A well-known hospital system in New York is a medical facility at Mount Sinai’s Palm Beach
The same is true of Saint Ambrose, who was once known to care for the Hamptons crowd.
It is estimated that more than 300,000 people have fled the city since the epidemic began, according to a change of address request received by the New York Post in November.
There were 295,103 changes to address requests by city residents for the U.S. Postal Service from March to October.
One request includes one house, so the number of residents who actually fled the city is significantly higher than the 295,000.
There were 244,895 requests from March to July alone, compared to just 101,000 requests in the same period in 2019.
Changed address requests have listed more than 13,000 forwarding addresses in either Palm Beach, Broward or Miami-Dade County.
Many of these people probably left the city because of COVID-19, as New York City was the epicenter of the virus in its early days in the United States.
The latest figures show that more than 36,000 people have been infected with the coronavirus in NYC and 24,526 people have died in the city as a result of Covid-1 of.
Survivors of coronavirus on Palm Beach may not have as much luck as hoped: the county has seen 72,706 covid-19 cases and 1,768 deaths.
Crime is another reason why people are fleeing the city. While the crime rate is slightly lower than a year ago, the homicide rate in the city rose 39.7 percent, according to NYPD figures.
Palm Beach, which has a much smaller population than New York City, saw murmurs in 2019, while New York City saw 6૨6 in 2020, with a few weeks to go.
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