SEC FORM 3/A

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

WISE SETH M

(Last)

(First)

(Middle)

2100 WEST CYPRESS CREEK ROAD

(Street)

FORT LAUDERDALE

33309

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/21/2009

3. Issuer Name and Ticker or Trading Symbol
BFC FINANCIAL CORP [ BFCF ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Executive Vice President

5. If Amendment, Date of Original Filed (Month/Day/Year)
09/23/2009

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock, par value $0.01 per share	4,784⁽¹⁾	D
Class A Common Stock, par value $0.01 per share	62⁽¹⁾	I	By 401(k) Plan
Class A Common Stock, par value $0.01 per share	247⁽¹⁾	I	By Spouse's IRA

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

1. On September 21, 2009, Seth M. Wise, who previously served as President of Woodbridge Holdings Corporation, was appointed to serve as a director and as Executive Vice President of BFC in connection with the merger of Woodbridge with and into a wholly owned subsidiary of BFC. On September 23, 2009, Mr. Wise filed a Form 3 reporting his ownership of BFC's common stock at the time of such appointment, including the 3,620 shares of BFC's Class A Common Stock he received in the merger in exchange for his shares of Woodbridge's Class A Common Stock. The previously filed Form 3, however, inadvertently (a) omitted 247 shares of BFC's Class A Common Stock held in an IRA of Mr. Wise's spouse and (b) characterized 62 shares of BFC's Class A Common Stock held by Mr. Wise in a 401(k) plan as being held directly. Accordingly, Mr. Wise is filing this amendment to correct the information included in the previously filed Form 3 relating to his ownership of BFC's Class A Common Stock.

Remarks:

	John K. Grelle, Chief Financial Officer, BFC Financial Corporation, Attorney-In-Fact for Seth M. Wise	02/17/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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