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The Business Development Board of Palm Beach County (BDB) is pleased to announce that Johnson Development Associates, Inc. (JDA), a multi-division real estate developer based in Spartanburg, South Carolina, has acquired an industrial site in Riviera Beach. The company will construct a 120,282 sq. ft. light industrial building located at 1301 President Barack Obama Highway, which will have a capital investment of approximately $10 million into the local economy.more»
JUPITER, Fla. — Look out Wall Street. Huge financial firms from the northeast are moving en masse to Palm Beach County in search of lower taxes and better weather.more»
If you answered Palm Beach County in Florida, you’re right. When tax reform capped state and local tax deduction from federal returns, financial firms and their employees were exposed to the naked truth about the high state taxation in the Northeast. With governments in New York, Massachusetts, and Connecticut drowning in obligations, taxes aren’t coming down soon.more»
Cresset Asset Management announced today that it has surpassed $5 billion in assets under management (AUM) less than two years after its founding.more»
Federal tax law changes in 2017 are persuading more people to flee high-tax states like New York and relocate to lower taxing Florida.more»