Financial firms are starting to figure it out: in addition to a better climate and (much) friendlier tax regime, Miami is the place to be for them. I have a thought on one bit of that maybe-migration, the opening statement:
This city has long pitched itself as an attractive location for finance and tech firms, with its tax advantages, flight connections to New York and cosmopolitan flair. Its efforts appear to be paying off.
I’m not sure that Miami needs to tout New York as being within easy reach. It should begin noting that it’s within easy reach of New York. There’s no need for Wall Street to remain in a city as anti-business, anti-financial success, as badly run generally as New York City, or as badly run and high-tax as is the State of New York.
Miami should encourage all of them to come on down to Brickell. The water’s better than fine.