NEW YORK (CBSNewYork) – Nearly half of top-earning New Yorkers are looking to leave New York City.

That’s according to a new poll by Siena College Research Institute and Manhattan Institute.

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If finds 44% of city residents making $100,000 a year or more have considered moving away in the last four months. Sixty nine percent cite cost of living as the top reason.

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That’s the same percentage of respondents who say they’re not confident the city will return to normal any time soon.

The findings would mean a major loss of tax revenue for the city.

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