The Real Deal Miami

Fort Lauderdale condo market thrives

May 18, 2011 09:43AM

While some questioned the slow-growth strategy in Fort Lauderdale during
the condominium boom, it is now receiving its share of praise. “I complained
in 2005,” said Fernando Levy Hara, managing partner of McKafka
Development Group. “Now, in [hindsight], I find that [city leaders] were
very, very intelligent.” There are just 84 unsold units out of the 5,000
built or converted during the boom, the fewest of any market east of
I-95, according to Condo Vultures. [Sun
Sentinel]