I’ve been hearing for weeks from my contacts that you can’t rent a U-Haul anymore; they’re all sold out. And Isaac Toledano, CEO of Miami-based real estate developer BH Group, says he has signed more than $100 million in contracts with New York buyers since June.
As he told Fox Business, that’s around twice the amount he saw in all of 2024.
Nor is he the only luxury real estate agent down there reporting a surge in interest – and activity. Ask offices in Dallas, Austin, Boston, Philadelphia, Orlando, and even Baltimore… They’ll all say the same thing.
In-the-know New Yorkers are getting the hell out of Dodge while they still can.
Addendum: Fox Business corroborates.
The Big Apple just got a worm in it.
And that worm is multiplying so that there will be a bunch of worms, Fred. That didn’t take long…