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Question of the Week: How Are Supply Chain Issues Impacting South Florida’s Real Estate Market?

Labor shortages are permeating nearly every industry and it’s posing a few notable issues for South Florida’s construction industry. One of the biggest issues we are facing at Current Builders is in terms of scheduling and time—without the manpower or resources to build projects in a timely manner, project scheduling and lead times have made decision making by all of the construction partners more important. Lead times on some products can be up to one year out from the date of order.

The other main issue caused by a shortage of labor is the coinciding increase in the price of labor and materials. The labor shortage is impacting each sector of the supply chain, from on-site workers to drivers, factory personnel and more. I’m sure each industry professional is experiencing these impacts in their own ways.

I have been in South Florida’s construction industry for 40 years now and while I haven’t seen these issues so widespread before, I can say with confidence that we will get through this. Our industry has to pull together and have patience and understanding with each other as we work through the concerns impacting our industry.

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Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.