Opinion from Guest-Blogger Gregory Lobo Jost
The IRS has recently released data on net-migration between Manhattan and the outer boroughs, confirming demographic trends we're familiar with: the Bronx is the largest recipient of folks moving out of Manhattan (a net gain of almost 24,000 between 2001 and 2006). Of course, the press (the original article on the Observer and a follow-up blog post on Gothamist) has mostly missed the point, thinking of the trend in relation to the record sale price averages being recorded in Manhattan.
Sure, there are a number of wealthy families moving to Riverdale, but that number would never compete with the number of well-off moving to Brooklyn.
As most West Bronx Blog readers know, the largest influx of Manhattanites into the Bronx are lower income, working class families (often Domincan) from Washington Heights, Inwood, Harlem and East Harlem. 2005 Census data showed the Bronx was the only borough that incoming households from other NY counties made less than those already living here.
Of course, as some of those who've posted on Gothamist have mentioned, the Bronx is barely affordable to these new-comers, as well. It's all part of a larger affordability crisis New York City is experiencing.
Finally, on an unrelated note, the Riverdale Press has a great editorial on water rates.