In two years levying a 4% surtax on incomes over $1 million, it's funded bridge repairs, bolstered literacy programs and tackled a transportation deficit.

Conservatives warned of a mass exodus if the democratic socialist won, but experts, and property data, paint a very different picture

Signed contracts on Manhattan homes costing more than $4m increased in November compared with October, Fortune magazine reported, with the most expensive homes outperforming the overall market. And inventory in the “luxury market” fell by 16% in October compared with the previous year, suggesting that, actually, more people are committing to staying in New York.

The NDP would implement a one per cent tax on households with a net worth between $10 million and $50 million, two per cent for those worth $50 million to $100 million and three per cent for those over $100 million.

According to their platform, that would raise about $94.5 billion in revenue over four years. The party also says they can raise $24.8 billion by closing tax loopholes and another $8 billion by reducing the federal government's use of consultants.