NYC Wealth Exodus Drives Billionaire’s Bet on South Florida Boom
Related’s Ross is looking beyond Miami and West Palm Beach to meet the growing demand for offices in the region.
Source: Related Cos.
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Billionaire Stephen Ross, founder of the firm that developed Manhattan’s Hudson Yards, is pushing deeper into South Florida in a bet that wealth will continue migrating from the Northeast.
Related Cos. is seeking opportunities for real estate projects outside of West Palm Beach and Miami, where the firm has already established a presence, Ross said in an interview.