Inside Fort Lauderdale’s Luxury Condo Boom
Bloomberg 2026-10-09 15:21:15
Context: Fort Lauderdale is experiencing a surge in luxury condo development, attracting New York developers and wealthy buyers from across the US who are drawn to the city's waterfront lifestyle, better taxes, and vibrant atmosphere. The trend is transforming the city's reputation from a sleepy retirement town to a booming hub of luxury real estate. Miki Naftali, Chairman and CEO of Naftali Group, recently discussed the South Florida luxury real estate boom with Bloomberg Open Interest.
Key Facts
- Fort Lauderdale is witnessing a luxury condo boom driven by New York developers and wealthy buyers from across the US.
- The city's appeal to these buyers is attributed to its luxury condos, better taxes, and a younger, vibrant lifestyle.
- Miki Naftali, Chairman and CEO of Naftali Group, was interviewed by Bloomberg Open Interest about the South Florida luxury real estate boom.