‘The Mamdani effect’: wealthy New Yorkers show renewed interest in Miami’s Billionaire’s Beach

December 3, 2025

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1 min read

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The Guardian

Sales spike at the Ritz-Carlton, Four Seasons and Cipriani as luxury buyers weigh moves from Manhattan

There is a short stretch of prime waterfront real estate in Miami that has come to be known as Billionaire’s Beach. It contains a mix of famous old art deco hotels such as the Delano and Raleigh, both undergoing extensive upmarket refurbishments, and... [10471 chars]

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Source: The Guardian

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