A growing number of New York City businesses and residents are relocating to the Hudson Valley and Catskills regions, a trend that has accelerated since the COVID-19 pandemic and shows no signs of reversing. This migration is creating a surge in demand for commercial and residential properties, keeping real estate brokers in the area exceptionally busy.
Restaurant owner Daniel Cipriani, formerly of Brooklyn's Sea Wolf, opened Dandies, a barbecue restaurant, in Windham. He noted that while operating a business upstate presents different challenges, such as staffing and supply chain logistics, it offers a less chaotic environment compared to New York City. He also co-founded the Eastwind Hotel, where Dandies is located.
Another example is Shelter, a restaurant that closed its Brooklyn location after a significant rent increase and reopened in Woodstock. Co-founders Diego Galarza and Martin Mazzoni stated that business is thriving, with a mix of local residents and former city patrons. They also highlighted a more welcoming atmosphere from local authorities compared to their experience in the city.
Businesses Find New Homes Upstate
The town of Hudson has become a focal point for this trend, with several New York City businesses establishing a presence. Mel the Bakery, founded by James Beard semi-finalist Nora Allen, relocated its operations there after closing its Manhattan location. The upscale butcher shop Meat Hook, originating from Williamsburg, also opened a second location in Hudson in 2024. Gotham, a cannabis dispensary and lifestyle store that started in New York City, opened its fourth location in Hudson, citing the area's growth and a desire for a calmer business environment.
Gotham founder Joanne Wilson mentioned that the transition has been positive, with the community embracing the new businesses. She highlighted a supportive reception from local government officials, including a ribbon-cutting ceremony with the mayor. This welcoming atmosphere is a common sentiment among business owners who have moved upstate.
Real estate professionals in the region report a significant increase in activity. Nicole Vidor, owner of Nicole Vidor Real Estate in Hudson, described the demand as "snowballing," with interest coming from various parts of the country, including California. This heightened demand has made the past few weeks the busiest period for some brokers in four years.