Joe Guzzardi: Birth Tourism Thrives in New York City as the Big Apple Loses Legitimate Businesses
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Joe Guzzardi: Birth Tourism Thrives in New York City as the Big Apple Loses Legitimate Businesses

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(Nate Beeler cartoon / caglecartoons.com)

Businesses headquartered in New York City have, in large numbers, relocated elsewhere, or plan to leave, mainly to Florida or other welcoming locations in the Southeast.

Some businesses like Goldman Sachs and J.P. Morgan & Co. have Wall Street roots that date back to the mid-19th century.

Thousands of high-paying financial institution jobs packed up and left as employers such as Credit Suisse, Morgan Stanley, Barclays, UBS, Citigroup and AllianceBernstein moved staffers to less expensive destinations in North Carolina, Dallas, Nashville and Salt Lake City.

Residents, too, can’t flee Manhattan fast enough. About 3.57 million people, including many high-income…

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