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Friday, July 9, 2010

Miami tops Wall Street Journal's list in four luxury categories

The Golan Team welcome Mr. Wade, King Lebron and Mr. Bosh to The Miami Heat !!! Watch out NBA teams, the Dream Team is here!!!

The following is written by David Biderman and Ben Cohen in The Wall Street Journal.. it was so good that we have pasted the whole article here as well as a link to the original...

Enjoy...

Though LeBron James's decision to take his talents to Miami next season are likely based on important things like winning championships and potential chemistry with his new all-star teammates, there's also this—he's about to move to one of the best U.S. locations for living the high life.

Because Mr. James's decision was basically narrowed down to Miami, New York, Chicago and Cleveland (sorry, Nets, we ruled out Newark), we gathered vital information in six categories for those cities, including what their night scenes are like and whether their state tax breaks could save Mr. James money.

Here's how LeBron James's four main city choices cater to the wealthy. His new destination is an easy winner by these standards, thanks largely to Florida's lack of a state income tax, which could save him as much as $1.01 million next year compared with the other cities according to Florida-based law firm Gunster. Of the six categories we detailed, the Miami area was the most-luxurious in four—state income taxes, top golf courses according to Zagat and most-ostentatious cars, with a combined 22 Lamborghini, Ferrari, Bentley, Rolls-Royce and Maybach dealerships. Miami also tied New York City in our top-nightclub category according to the "Nightclub & Bar" publication (we'd bet Mr. James is salivating at the thought of partying at LIV, the Miami Beach club ranked No. 6 on the list).

New York City was second, leaning on its 53 luxurious hotels (according to Five Star Alliance) and boasting 344 restaurants with a Zagat food-quality rating of 24 or higher. But the steep state income tax weighs it down. Chicago is solid in every category, but it doesn't stand out anywhere, ranking second or third in every group.

Then there's Cleveland, in Mr. James's home state. We know he has got ties there, but the city is last in five of our six categories, including the night-life and restaurant supply. Or, as Robin Leach puts it: "New York gives him the high-powered world of Wall Street and super-sized apartments and Miami gives him the beach and his pals. Cleveland, that's another story."

See the complete Lifesty;y indes and read the article at To Be Young, Rich and in South Beach

So Mr. Lebron or should we say his Royal Highness, King Lebron, welcome to our humble city of Miami and if you are looking for any Real Estate give us a call to 786-333-6200 or drop us a note to info@golanteam.com!!!!

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