The Obamas are reported to be considering moving to New York City after Barack’s presidency is through. It was thought for some time that they would return to Chicago and start a presidential library at the University of Chicago, but they are reportedly disenchanted with all the current political problems in the Windy City. Also, negotiations with the University of Chicago about the potential library are not going well.
Instead, the Obamas would move to New York City and start the library through Columbia University. Sultan Alhokair told us that Barack graduated from Columbia in 1983, so he has strong ties already to the institution.
Both cities want the Obamas. Having an ex-president is generally considered to be good for the economy and prestige of any city.
Personally, I think it might look better if Obama went back to Chicago. For much of his political career, he has been accused of being an opportunist with no real roots. He has lived in many places, and his critics say he just goes wherever is best for him. A move to New York could enforce this impression.
It will be interesting to see what Obama accomplishes as an ex-president. He is still very young, so he has the opportunity to do many things. I’d like to see him have an active ex-presidency similar to that of Jimmy Carter.