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NYC to MIA: Who's Making the Move?

New York rooted restaurants, entertainment, financiers, and celebrities are flocking to Miami for a taste of the Sunshine State lifestyle. Who’s moving? The Grand Station crew has gathered juicy details about the “who’s who” of New York joining the mass exodus to Miami.

Miami foodies rejoice! Let's start with some fabulous NY restaurants who've already planted roots and are up and cooking in the 305. As mentioned in our Grand Station Local Living Guide, both Red Rooster and Carbone are just minutes away from the Grand Station community. Be sure to check them out along with the phenomenal Cote, a Michelin-starred Korean steakhouse, now in the chic Design District. Freehold, is currently serving authentic New York style pizza in the Wynwood Arts District. Yes, bona fide, New Yorker cooked pizza right here in Dade-county! Also on our bucket-list is the delectable Osteria Morini, south from Soho. And coming to Wynwood Summer 2022; the delicious Pastis, Keith McNally’s Meatpacking District bistro. We are drooling in anticipation!

Let's talk NYC celebs! Some celebrities trading cold winters for sunshine and cafecito, include Cindy Crawford and Rande Gerber, who recently bought a $10 million, 3,800-square-foot,1955 waterfront Miami Beach home. World famous power couple Tom Brady and Gisele Bündchen have also newly relocated into a $17 million, 1.84-acre waterfront teardown on Indian Creek, a private island known as the "Billionaire's Bunker". Selling their epic Tribeca apartment for about $40 million. Their new neighbors Ivanka Trump and Jared Kushner, also bought a 1.8-acre lot on Indian Creek Island for a whopping $32 million from Julio Iglesias. Rumor has it Kim Kardashian is looking into a Miami staycation as well. New Yorker she is not, but exciting nonetheless.

Big money from the Big Apple is always welcome in Miami. Stephen Schwarzman’s hedge fund, Blackstone newly set up shop at 2 MiamiCentral. Founders Fund recently signed a lease in Brickell City Tower. And Shutterstock founder Jon Oringer, known as New York's first tech billionaire, recently purchased Alex Rodriguez’s former waterfront home for $42 million. Wow! The business opportunities continue to grow as more and more New York based companies expand south. Bienvenidos a Miami!

Over 33,500 New Yorkers have exchanged their NY drivers license for Florida licenses since 2020. 8,033 of which have moved to Miami-Dade specifically. Although the surge is currently credited to Covid the migration started long before. Those exiting, cite raising taxes as the main reason for moving. The biggest factor Florida has over New York is it's lower overall tax burden. The higher your income is, the bigger the advantage is. Downtown Miami has recently been dubbed “little Manhattan” and Miami is rapidly becoming the sixth borough. Miami natives are looking forward to having a little taste of New York in the South. Welcome! If you too are interested in making the move to Miami please contact our helpful leasing team at (305) 961-1044 for further info about Grand Station apartment homes located in the heart of Downtown Miami. Rent your way forward!