There is no question that New York State is in trouble with hundreds of thousands leaving. Generally, poorer folks replace them, so tax revenues drop. Just this week, there is a report spotlighting all the empty office space in Manhattan. Corporate tax receipts will soon recede as well. The state is sinking deeper into debt; all services will eventually suffer.
The leftists running the city and state could not care less. They generally despise capitalism and the citizens who benefit from it. They want to collapse the criminal justice and financial systems and are partially succeeding in doing so.