New York Post – Fast-growing Florida retirement haven is luring business away from Wall Street
New York’s wobbly office market, limping from a record-high 20% vacancy rate and loss of some tenants to lower-tax South Florida, has more competition to worry about: Boca Raton.
The once-sleepy Sunshine State city of 100,000 between Fort Lauderdale and West Palm Beach is surging with new office development and amenities to support it.
Boca Raton is more complex and varied than visitors sometimes glean from its repetitive, gated residential communities, or its old reputation as a retirement town filled with geezers in golf carts. Its Atlantic Ocean waterfront now thrives with luxury condo towers, restaurants and private clubs that draw a younger clientele.
Read the Full Article: https://nypost.com/2024/05/07/business/fast-growing-boca-raton-is-luring-business-away-from-wall-street/
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