The Battle of Biscayne Desire and Felicity shamble down the scorching sidewalk, sodden makeup smearing sullen faces. They’re looking for the telltale sign from a driver rumbling through midafternoon traffic on Biscayne Boulevard: prolonged eye contact and a chin nod. Or maybe the reliable standby: “Excuse me, miss, but I need directions.” Both women are …
Category Archives: Regional
Captiva resort damaged by Charley may get new owner
Captiva resort damaged by Charley may get new owner Talks are under way for the sale of Captiva’s South Seas Resort. The New York-based Blackstone Group is negotiating to buy a group of Florida resorts from MeriStar Hospitality Corp., according to local real estate expert Frank D’Alessandro. That includes South Seas Resort & Yacht Harbour, …
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Gentrification Arrives at a Crossroads in Yorkville
Gentrification Arrives at a Crossroads in Yorkville – New York Times The intersection of Lexington Avenue and 86th Street is arguably the crossroads of the Upper East Side of Manhattan, a transportation hub within easy walking distance of some of the costliest real estate in the city. Yet for decades it has resisted gentrification. On …
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Troubles mount for flood insurance
Troubles mount for flood insurance The National Flood Insurance Program is in trouble. Congress increased the program’s borrowing authority to $18 billion to pay an expected 200,000 claims from Hurricane Katrina. But the Federal Emergency Management Agency program can’t repay the loan, David Maurstad, a top FEMA official, told Gannett News Service. “The program doesn’t …
A downtown condo craze
A downtown condo craze Four years ago, Pensacola developer Sonny Granger announced he was going to build a high-rise condominium in downtown Tallahassee. The cheers were muted. Sure, Tallahassee officials had talked for years about bringing residents back downtown. But apartments costing several hundred thousand dollars? High-rise buildings? No way, said the cynics. Tallahassee isn’t …
The Disappearing Las Vegas Condos
The Disappearing Las Vegas Condos Three weeks ago, Eli Verdnikov, an engineer in Los Gatos, Calif., received a letter saying that the apartment building he planned to retire to — Icon Las Vegas — would not be built. In the envelope was a check for $73,672.81, the 10 percent deposit Mr. Verdnikov had paid, plus …