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Fort Lauderdale City Leaders Discuss Future of Bahia Mar Lease


“We have to be able to develop and sell condominiums, and in order to sell condos in the state of Florida you need a minimum of 50 years, but the reality is you need about 99 years because someone is not going to buy a condominium when they have 50 years and they have a depreciating asset on their hands,” Tate said.
Mayor Dean Trantalis is a critic of the project. 
“I just think that the community is entitled to a fair share of what goes on public land and I think this land deserves to see more public opportunity and more public use,” Trantalis said. ....

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