June 7, 2012 2:48 PM

Miami condos: 'amazing turnaround' says Fed official

“In 2008 and 2009, what I was hearing was condo towers essentially being empty’’ in downtown Miami, Lockhart told a Broward County business group Wednesday morning. A recent survey shows something far different: about 90 percent of downtown’s condos are either rented or occupied by an owner.

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