Out Migration Has a Heavy Cost for NY State and Hudson Valley
Data shows that from 1996-2021, the Hudson Valley region lost a net total of 146,763 people to out migration, which calculates out to 5% of the Hudson Valley’s population.
Porzio's professional career began in his native Italy where he was employed at the Bank of Rome, Italy from 1965 to 1972.
Grand Lux Realty recently welcomed Michael Porzio to its Chappaqua office. He is a licensed real estate salesperson with more than 30 years of experience in both residential and commercial real estate in Fairfield County, CT.
His professional career began in his native Italy where he was employed at the Bank of Rome, Italy from 1965 to 1972. He held various junior officers’ positions with the bank at its branches in Genoa, Naples and the Representative Office of the Bank in Frankfurt.
In 1972, he moved to the United States and subsequently obtained a BS degree in accounting from Fairfield University. From 1973 to 1988 he held officers’ positions in multiple large international financial institutions in New York City. From 1988 to 1992 he was a Senior Vice President / Head of Corporate Lending at BANCO DI SANTO SPIRITO in New York City.
In 1992, started a new company, Aztech Mortgage Corp. with licenses in the states of Connecticut, New York, Rhode Island and Florida. At the same time, I also started CMS Group Inc. to provide Credit Management, Real Estate Brokerage and Management Services. In 2009, he joined William Raveis Real Estate where he remained until he joined Grand Lux Realty.
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