A major New York advisory, assurance and tax firm has a new Miami office—a move it said was necessary to meet an increase in client demand.

CohnReznick is among the largest firms of its kind in the U.S. and has significant real estate practices.

Its expansion is a drop in the ocean of companies and law firms increasingly looking to create or expand their presence in booming South Florida, which is fast becoming a tech and finance hub.

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Raychel Lean

Raychel Lean is ALM's Florida bureau chief, overseeing the Daily Business Review. Email her at [email protected] or follow her on Twitter via @raychellean.