Exhibit 16
                              (KPMG LLP Letterhead)







January 13, 2003


Securities and Exchange Commission
Washington, D.C. 20549


Ladies and Gentlemen:

     We are currently principal accountants for BFC Financial Corporation and,
under the date of January 29, 2002 (except for Note 25, as to which the date is
March 22, 2002), we reported on the consolidated financial statements of BFC
Financial Corporation as of and for the years ended December 31, 2001 and 2000.
On January 6, 2003, we were notified that BFC Financial Corporation engaged
PriceWaterhouseCoopers as its principal accountant for the year ending December
31, 2003 and that the auditor-client relationship with KPMG LLP will cease upon
completion of the audit of BFC Financial Corporation's consolidated financial
statements as of and for the year ended December 31, 2002, and the issuance of
our report thereon. We have read BFC Financial Corporation's statements included
under Item 4 of its Form 8-K dated January 13, 2003, and we agree with such
statements, except that we are not in a position to agree or disagree with BFC
Financial Corporation's statement that the change was approved by the Audit
Committee of the board of directors and we are not in a position to agree or
disagree with BFC Financial Corporation's statement that PriceWaterhouseCoopers
were not engaged regarding the application of accounting principles to a
specified transaction or the type of audit opinion that might be rendered on BFC
Financial Corporation's consolidated financial statements. Very truly yours,

(signed) KPMG LLP