Johny Fernandez: Tech businesses nationwide continue to move from
traditional big cities like New York City to other places with
lower taxes and better quality of life. According to Forbes
magazine in 2020, it's not only tech businesses, but also Wall
Street firms and banks.
Earlier this year deBanked headed to Miami to see how the
industry was doing as COVID infections were on the rise.
Despite the city slowly coming back to life, the fast cars,
great food, and beaches for selling points for businesses
down there to stay open and grow.
Craig Hecker: So I think it taught us a lot. And I think
that when you face challenges like like this pandemic, it
really pushes you to reinvent yourself or reinvent certain
parts of your business that you never thought were possible.
Johny Fernandez: This week, Miami's Mayor Francis Suarez
announced the city had its first growing tech sea meetup, city
leaders met up with more than 200 people that were interested
in transforming Miami into an international tech and
innovation hub. He tweeted quote, Miami is driven by a
diverse group of intelligent talented professionals who help
make our city a global destination.
Francis Suarez: You can hire people from Miami, you can bring
people to Miami, we can continue to have not only intellectual
capital, but but monetary capital here promoting our
businesses, and find a way to make sure that everyone in our
city can, can can benefit from it.
Johny Fernandez: He also stressed the city is open to all
industries and opportunities that bring good high paying jobs
to Miami and want it to help them succeed.
Francis Suarez: How can I help you? How can I help your
company? How can I help your workers? And how can I help you
fulfill your dreams? Your future and your goals?
Ryan Rea: it here. And the tech, the tech scene is growing. But
there's not much and you have so much more opportunity here
because people really like it like people here, they're
welcoming to you, say they yes please come down here, please
build your business.
Johny Fernandez: According to Forbes, businesses like Goldman
Sachs and private equity giant Blackstone were relocating to
Miami in 2021 and bringing more than 200 tech focus jobs. In an
interview Blackstone's chief technology officers said the
Magic City was chosen from among a host of options thanks to its
talent pool lifestyle and proximity to New York.
The Miami Association of Realtors said that the COVID-19
situation and the cold weather will accelerate the process of
bringing home buyers from New York to Miami. Reporting here in
Manhattan, I'm Johny Fernandez with deBanked News.