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New Yorkers Drive $100M Surge in South Florida Real Estate

11/7/2025

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Summary

Story summary

South Florida's real estate market is growing as New Yorkers relocate due to political concerns.
Isaac Toledano, developer of BH Group, reports over $100 million in contracts from New York buyers, nearly double last year.
He attributes the surge to anxiety over Zohran Mamdani's election as NYC mayor and expects continued luxury demand as New Yorkers seek safety in Florida.

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Story summary

South Florida's real estate market is growing as New Yorkers relocate due to political concerns.
Isaac Toledano, developer of BH Group, reports over $100 million in contracts from New York buyers, nearly double last year.
He attributes the surge to anxiety over Zohran Mamdani's election as NYC mayor and expects continued luxury demand as New Yorkers seek safety in Florida.