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Question of the Week: What type of residential real estate inventory does Fort Lauderdale have that Miami and Palm Beach lack?

It’s been said that Fort Lauderdale is a “submarket” to Miami and Palm Beach, and once that buyers get to know South Florida, they’re impressed by Fort Lauderdale’s variety of inventory and often expand their horizons. What type of residential real estate inventory does Fort Lauderdale have that Miami and Palm Beach lack? Donna Incorvaja, real estate associate and licensed broker at RelatedISG Realty, explains.

“In Fort Lauderdale, you are getting true end consumers who are purchasing homes, whereas in Miami, you are seeing international investors and buyers who are looking to make a return on their investments. Fort Lauderdale’s inventory revolves around exceptionally priced single-family homes located in safe, family-oriented neighborhoods that are located on the water or by the beach with no additional maintenance and HOA fees. Palm Beach, on the other hand, offers the same type of single-family home inventory with additional costs such as community-golf membership fees, HOA fees, and maintenance fees.”

 

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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.