I would leave
Everybody with sense is leaving New York. This article explains it. Favorite paragraph:
Then there's the cost of living in New York City. A 2009 report by the Center for an Urban Future found that "a New Yorker would have to make $123,322 a year to have the same standard of living as someone making $50,000 in Houston. In Manhattan, a $60,000 salary is equivalent to someone making $26,092 in Atlanta." Even Queens, the report found, is the fifth most expensive urban area in the country.
I remember a DBA from New York back about 10 years ago who wanted $250.00/hour. Real fat guy. Too bad for him the internet got fast. Someone in Mumbai probably has his job now. Or maybe even Houston or Atlanta.
Here's a good comment from an honest New Yorker.
I was born in Brooklyn more than 50 years ago, and have lived on Long Island nearly all my life. I LOVE New York and had really hoped so spend my whole life here, die here, and be buried in Brooklyn a short distance from my place of birth. But taxes have driven me out. I just returned this week from a trip to New Mexico looking for a place to live there. If the damn politicians do not lower taxes, the only people who will be remaining in New York are those that cannot afford to move elsewhere. It's the damn politicians fault for the sky-high taxes, and poor economy. God help New York because the damn politicians certainly won't.
It would have been nice if the Repub candidate for Governor up there hadn't been kind of a nut. Imagine what a Chris Christie could for the Empire State.