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New York City's filthy rich have gotten considerably richer—and it's made our city one of the most unequal places to live in America.
That's according to a new report from City Comptroller Mark Levine, which notes that from 2019 to 2024, roughly two-thirds of New York City's real income growth accrued to the top 1 percent, compared with 39 percent in the rest of the country.
The top 0.1 percent—these are the people whose average income was $23,746,985 in 2024—accounted for more than half of the city's income growth over this time period.
(Take a big sip of coffee before you continue reading, because you'll want maximum spit take volume when you read the absolutely grotesque series of numbers that represent the growing chasm in the souls of a certain sector of our population.)