WGW: No More Property Taxes, Kith Enters the Padel Game, Motek Invades NYC

From killing property taxes to building 20,000 new hotel rooms this is where wild ideas shape the future.

On My Mind: It’s Only Delusional Until It Works

Every great idea looks a little crazy at first. Betting on a neighborhood before anyone else sees the vision. Launching a brand people call “too niche,” “too ambitious,” or “too risky.” It all sounds delusional—right up until it doesn’t.

The truth? Most people can’t tell the difference between a dreamer and a visionary until the dreamer actually wins. That’s the magic line between failure and genius: the moment when the thing everyone doubted starts to work.

Because the thing about impossible ideas is they stay impossible until someone proves they’re not. That’s what makes them worth chasing, the chance to turn what feels like fantasy into something so undeniable the world has no choice but to believe.

You got this. Keep going. Enjoy the ride.

Beach Business:

• Gov Desantis Pushing To End Property Taxes In 2026 Election

• Kith Enters Padel Game With Kith Ivy Nyc

• Palm Beach Insider: Aman Arrives On Palm Beach Island

• Miami-Dade’s Hotel Development Pipeline To Add 20,000 Keys

• Spirit Airlines Declares Bankruptcy Again

Hospitality Local Insider:

• Reverse Migration: Motek Is Going To Ny In A Big Way

• Grand Closing: Gramps Says Goodbye To Wynwood

• Remix: Papi Steak Is Getting A Redesign

Real Estate:

• Luxe Listings: Coconut Grove Open-Air Corner Lot

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BEACH BUSINESS

GOV DESANTIS PUSHING TO END PROPERTY TAXES IN 2026 ELECTION

What’s Good: Florida Governor Ron DeSantis has announced a plan to eliminate property taxes on primary residences, aiming to put the measure on the November 2026 ballot. The idea is simple: homeowners shouldn’t feel like they’re paying rent to the government on property they already own. With property values skyrocketing over the past decade, the proposal is designed to give residents real relief and true ownership without the looming weight of ever-rising tax bills.

Why It Matters

• Ballot Power: To make this law, Florida needs a constitutional amendment backed by the legislature and at least 60% of voters.

• Political Momentum: DeSantis says both chambers of the legislature are ready to move forward.

• Big Picture: Critics worry about funding for schools and public safety, but supporters say it’s time to reimagine revenue and unlock economic growth.

What We Think

This is Florida at its finest, bold, unapologetic, and pro-growth. Pair this with the likely Mamdani election in New York, and you have the makings of a property market supercharged for Miami, Palm Beach, and beyond. It’s another signal Florida isn’t just a lifestyle state anymore.

From @ronniefeig instagram

KITH ENTERS PADEL GAME WITH KITH IVY NYC

Ralph Lauren has polo, why shouldn’t Kith have padel? Kith Ivy is Ronnie Feig’s bold new entry into the luxury wellness and sports world, specifically padel. That’s right: the brand known for sneakers, streetwear, and treats is launching a high-end padel club in NYC.