May 2020
New York Developer Shahab Karmely of KAR Properties, said, “People who can, and who are fortunately able to. Will leave New York City.” The top destination for New Yorker will be the Hamptons on Long Island. which is where Karmely was when he was interviewed via telephone. He says the No. 2 spot will be South Florida, in particular, the Miami area. Wellington, Palm Beach and Boca Raton.
“I am willing to bet this will be Miami’s busiest July and August in the past 30 years. Karmel says. “The shutdown will make people realize that quality of life, climate and open space are important elements of life. Miami compares very, very well to other wealth centers of the United States in offering that quality of live and urban area outdoor lifestyle.”