Billionaire Stephen Ross Sees Florida ‘Gold Rush’ as Firms Shift South

Related Cos., the developer behind Manhattan’s Hudson Yards project, is making more investments in Florida than New York these days as finance and tech firms look for office space in the Sunshine State.

“It’s almost like a gold rush going on in Florida,” Stephen Ross, chairman of the New York-based real estate company, said in an interview with Bloomberg Television’s David Westin.