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Fla. Lawmakers Tackle Real Estate Issues, But Is It Enough?
Day Pitney Miami Real Estate Partner Steve Wernick was recently featured in the Law360 article, “Fla. Lawmakers Tackle Real Estate Issues, But Is It Enough?”, where he discussed the 2025 amendments to Florida’s Live Local Act and their potential to unlock workforce housing projects in South Florida.
Wernick highlighted the impact of parking requirements on development costs and viability, stating, “Given that parking is a big contributor to construction costs, this additional reduction in parking minimums should be significant in getting more projects built.”