
New York City's Sant Ambroeus, La Goulue, Almond, and the Hamptons' most talked-about restaurant, Le Bilboquet, have all set up shop here, adding a touch of the East Coast to the region's culinary landscape. Nantucket is also the birthplace of the upscale White Elephant Hotel and the buzzing Lola 41 restaurant (another popular escape for well-heeled Manhattanite) super mario bros
Tourist attractions, such hotels, restaurants, and shops, have always had a revitalizing effect on a neighborhood (just look at SoHo in the 1990s). However, these glitzy new establishments in Palm Beach have occurred at the same time as a recent influx of new residents. The Palm Beach Post estimated that 547,000 individuals, mostly from New York, switched to Florida residence on their driver's licenses in 2021. 14% were foreign nationals; this is a growing trend, according to Phillipe Delgrange of Le Bilboquet Group.
Many Europeans, he predicts, will join the growing population of Palm Beach and West Palm during the next two years. "We haven't even scratched the surface yet; many individuals I know are making plans to relocate in the next year or two. Within the next two years, I anticipate a significant European element." Wealthy New Yorkers are increasingly splitting their time between the Hamptons in the summer, Palm Beach in the winter, and Manhattan in the shoulder seasons.
More improvements to lodging are on the way for the seasonal visitors who see Palm Beach as the Long Island to its Miami. There are now 17 active hotel construction projects in the area, all of which are expected to be finished by the year 2025. This summer, the Colony Hotel will be closed for a complete refurbishment.
Even while this sudden inflow has the potential to be frightening for residents, most are taking an upbeat stance. Nobody has any intention of turning it into South Beach or altering its upscale vibe (any attempts simply would not fly, for obvious reasons). New wealth and a younger population are bringing the kind of change to Palm Beach that has previously been witnessed in the Hamptons. That, and the constant stream of New Yorkers looking for low-key, high-end weekend getaways.
The cosmetics tycoon Aerin Lauder has been taking family vacations there since she was a youngster, and she raves about how much she enjoys the blend of old and modern. She praises Palm Beach for its ability to embrace change while maintaining a reverence for the past. The newness is five-star quality, with only the most exclusive restaurants and boutiques opening their doors.
"Palm Beach symbolizes the decorum of the old world with the dynamic energy of the modern," Delgrange agrees with Lauder. In today's world, politeness is definitely a selling point. The combination of cheap taxes (attractive to the financial giants who have shifted their offices), secure neighborhoods, and proximity to the beach, makes it simple to understand why so many people are moving south.
There's no doubt about it: Palm Beach is livelier than ever, and the party seems to be just getting started. Feeling the need to fit in with the masses? Listed here are some of the finest lodgings and dining establishments in the world.