Saturation or competition? Can this many Italian restaurants survive in Wynwood?

April 14, 2025, F+B Hospitality Brokerage's, Felix Bendersky, was quoted in the Miami Herald in their article, "Saturation or competition? Can this many Italian restaurants survive in Wynwood?"

Excerpts from the article include:

Felix Bendersky, founder of F&B Hospitality Leasing, said that Miami glamour also plays a role in luring concepts that may or may not have done their due diligence in studying the neighborhood. “Miami is very good at painting a beautiful picture,” he said. “Like everybody is making money. . . . During COVID, people from New York and Italy and all over the world would come here and think, ‘But they’ve never tried my pasta.’ The huge numbers we had in 2020 for the Super Bowl had people thinking ‘If we open here, we could kill it.’ There were so many operators signing leases, and not all knew how many other operators doing the same cuisine were going to open.”

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