BRiC looks great and has significant capacity. However, Coral Springs does not have the necessary headcount to support the consolidation.
With site consolidation in mind, are they gonna shut down Hunt Valley and Hagerstown and moving those resources to Florida? BH may not be able to accommodate them due to infrastructure and parking constraints.
@jf they can always go back to India.
I’m in Coral and the biggest complaints about the move are from the Indian population.
Boca is also pushing really hard for new biz via tax breaks for corps. moving there, too.
"Boca Raton offers various tax incentives for corporations, including the High Impact Performance Incentive and Capital Investment Tax Credit, which provide tax credits based on job creation and capital investment. Additionally, businesses can benefit from state programs like the Research and Development Tax Credit and various local incentives for job creation."
"Boca Raton Mayor Scott Singer also courted New York business leaders directly, emphasizing that they could cut office operating costs by about 30% and pay no state or local personal income tax. Singer cited the city’s corporate ecosystem, home to more than 40 publicly traded companies, as well as low property taxes and access to major universities and international airports as additional incentives."
https://economy.ac/news/2026/08/202608289717
"The Tax Advantage: Florida’s Financial Edge
One of the most compelling reasons for relocation is Florida’s tax structure. Unlike New York, Florida imposes no state or local income tax, offering immediate savings for both corporations and their employees. According to a 2025 report by The Boyd Company, businesses moving from Midtown Manhattan to Boca Raton can save an average of $7.5 million annually in operational costs — a staggering 22.5% reduction.
Additional financial benefits include:
Lower labor costs: Boca Raton offers approximately 17.5% lower labor costs for core workforce roles.
Reduced real estate expenses: Class-A office space in Boca Raton is nearly 48% less expensive per square foot than in Manhattan
Energy savings: Electricity rates are 55% lower than in NYC, further reducing overhead.
Corporate tax incentives: Florida offers a range of tax credits and exemptions for businesses, including capital investment and job creation incentives.
Talent & Lifestyle: A Winning Combination
Beyond financial savings, Boca Raton offers access to a highly educated workforce, thanks to institutions like Florida Atlantic University. The city boasts a lower cost of living, a lower crime rate 38% below the Florida average, and a vibrant lifestyle that appeals to professionals and families alike."
https://pennflorida.com/why-new-york-city-businesses-are-relocating-to-boca-raton/
I work at Coral. For myself, the Boca move makes sense. Right next to I 95, tri trail and Dixie Hwy (if you wish to avoid the interstate).
It's a very convenient location. Coral location as far west as you can go in NE Broward and close to nothing except the Sawgrass Expressway.
The space is significantly larger than Coral. Maybe consolidating makes sense. We're not as expensive as BH, but it isn't cheap to live in SE Florida.