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Developer: Florida Real Estate Surges as New Yorkers 'Nervous' About Socialist Zohran Mamdan
The CEO of BH Group in Miami, Isaac Toledano, explained that his company "has closed more than $100 million in signed contracts from New York buyers in just the past few months – about twice last year's volume," and he believes a lot of it has to do with politics, the outlet reported Wednesday.
He said, "I think the election accelerated how people make decisions. I think people are nervous [for] what's coming, how it's going to affect their lifestyle, the quality of life, taxes, potential of crime [or] no crime."