SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                                    FORM 8-K
                                 CURRENT REPORT
                     Pursuant To Section 13 Or 15(D) Of The
                         Securities Exchange Act Of 1934


                                 Date of Report
                                   May 5, 2003
                      ------------------------------------
                        (Date of earliest event reported)


                             Commission File Number
                                    333-72213


                            BFC Financial Corporation
          -------------------------------------------------------------
             (Exact name of registrant as specified in its Charter)


                                     Florida
                           ---------------------------
                            (State of Incorporation)


                                   59-2022158
                               ------------------
                      (IRS Employer Identification Number)


                           1750 East Sunrise Boulevard
                               Fort Lauderdale, FL
                                      33304
                ------------------------------------------------
                    (Address of Principal Executive Offices)


                                 (954) 760-5223
                      ------------------------------------
                          Registrant's telephone number



                                     



Item 5.     Other Events

On May 5, 2003, BFC Financial  Corporation issued a press release announced that
its Class A Common Stock had begun trading on the Nasdaq  National  Market under
the symbol "BFCF".

Item 7.           Financial Statements and Exhibits


(c)      Exhibits

99.1     Press Release dated May 5, 2003.








                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.

BFC Financial Corporation



By:         /s/ Glen R. Gilbert
            -----------------------
Name:       Glen R. Gilbert
Title:      Executive Vice President


Dated: May 9, 2003