Miami real-estate agents report a dramatic 166% jump in inquiries from affluent New Yorkers following the election of Yusef Mamdani — a far-left, openly anti-Israel, anti-business politician — as New York City’s new mayor. Brokers say the spike began immediately after the vote and has only intensified since.
According to agents, many high-income residents now feel the city is shifting in a direction hostile to economic freedom, public safety, and supporters of Israel. Miami, by contrast, offers stability, personal security, low taxes, and a political climate that welcomes business and investment.
Some families and investors are even asking to expedite relocations before the end of the year, anticipating further deterioration in New York’s governance.
NEWSRAEL: WHY THIS IS IMPORTANT
The sharp rise in outbound movement from New York highlights a growing rejection of radical, anti-Israel politics in major US cities. As wealthy residents and business leaders flee, they take with them economic power, stability, and innovation — a direct consequence of electing extreme politicians like Mamdani. Miami’s boom is becoming a referendum on New York’s new leadership.
