In Miami Beach, the New York City mayoral election is an opportunity

Florida developer Russell Galbutt believes the election of a Democratic Socialist as mayor, Zohran Mamdani, in New York City is an opportunity to lure wealthy residents and their businesses to Miami Beach.

Billboards in Times Square are inviting New York businesses to relocate to Miami Beach. They're being paid for by a Florida developer who sees the election of Zohran Mamdani as an opportunity to lure residents and businesses south.

(Image credit: Steven Meiner)