NY developers descend on Fort Lauderdale in hunt for Florida’s next Miami

"New York developers are pouring money into Fort Lauderdale, betting that Miami’s soaring real estate prices and a growing population of younger residents will fuel the city’s emergence as a new South Florida luxury hub...Situated roughly midway between Miami and Palm Beach, Fort Lauderdale offers developers a comparatively less expensive way to capitalize on South Florida’s growing population and influx of wealth." (Article link below.)
https://nypost.com/2026/09/18/business/ny-developers-descend-on-fort-lauderdale-in-hunt-for-floridas-next-miami/