The ranks of millionaires have come surging back, while lower- and middle-income New Yorkers are heading for the exits, according to the study, published Tuesday by the Fiscal Policy Institute, a left-leaning policy group.
Continuing to lose these residents, who form the backbone of many essential services and white-collar industries, could jeopardize the city's uneven recovery, said Andrew Beveridge, the president of Social Explorer, a demographic firm that reviewed the new data.
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