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That's how she discovered a one-bedroom and a one-and-a-half-bathroom above the Brickell City Centre, a shopping mall in Miami. Koggan's Miami unit is a one-bedroom, 1,200-square-foot apartment with one and a half bathrooms. Her first year in the unit, Koggan's rent was $3,350 but increased to $4,200 for her second year. Koggan's apartment also has a walk-in closet. Brickell City Centre in Miami is home to a five-floor shopping mall, office space and two luxury residential buildings, including Koggan's.

Persons: Rachel Koggan, Booth, Koggan, I'd, Andres Rivera, she's, I've Organizations: Media Relations, CNBC, Brickell City, Brickell City Centre, Centre Locations: New York City, Miami , Florida, Miami, Florida, Brickell

☆ Miami is 'ground zero' for climate risk. People are moving to the area and building there anyway
▼ + stars: | 2024-04-26 | by ( Greg Iacurci | ) www.cnbc.com time to read: +20 min

South Pointe Beach in Miami Beach, Florida. Climate risk is "always on our thoughts," said Habibian, 39, who moved to Miami-Dade County about six years ago. Despite that risk, 66% of Miami-Dade County residents said they'd never leave, according to a study published in the journal Climate Risk Management. "We try to be smart about it, try to be proactive as best we can," Arditi said of climate risk. Juxtaposed at left was one of the last remaining patches of mangroves in the urban Miami area, a living memorial to a once-thriving population.

Persons: Greg Iacurci, Daniel Habibian, Harold Wanless, Sonia Brubaker, Saul Martinez, Andrew Rumbach, Rumbach, Joe Raedle, Irma, Al Diaz, they'd, Steven Bustamante, Bustamante, Jeff Greenberg, There's, David Arditi, Arditi, Aria's, Jeff Bezos, Goldman Sachs, Douglas Sacks, Ken Griffin, Brubaker, Biscayne Bay . Miami Worldcenter, Chandan Khanna, Dion Williams, Williams, Dion, Todd Crowl, Crowl, We're, Erik Salna, Chris Baraloto, Rita Teutonico, Amy Knowles, Knowles, it's, City of Miami Beach Greg Iacurci Miami Organizations: Greg Iacurci MIAMI, University of Miami, City, CNBC, Cumming Group, Florida Department of Transportation, Bentley, Bloomberg, Getty, Urban Institute, Organisation for Economic Co, Miami, Volunteers, Florida Keys, Miami Herald, Tribune, Service, Dade, Risk, Yale University's School of, Finance, SEC, Miami Beach, Universal, Group, Aria Development, National Association of Realtors ., Miami Realtors, Amazon, Citadel, Resorts, Bloomberg News, Dade County's, Getty Images, Residences, Pointe Park, Fifth, Afp, Federal Emergency Management Agency, Management, Sunshine, Insurance, Institute, Florida International University Institute of Environment, Hurricanes, University of Pennsylvania, International Hurricane Research, of, Florida International University, City of Miami Beach Locations: Pointe Beach, Miami Beach , Florida, Miami, South Beach, Dade, City of Miami, Dade County, New York, Fort Lauderdale, West Palm, South Florida, Florida, Tampa, St . Petersburg, Miami , Florida, Southeast Florida, Miami Beach, City, Aria's Miami, U.S, California , New York, New Jersey, America, Caribbean, New York City, Biscayne Bay . Miami, Pointe, It's, Surfside, . Florida, Biscayne Bay, Miami's, Bermuda, Kampong, Coconut Grove, Brittany Bay, South Pointe, City of, Brittany Bay Park

☆ From the ocean views to naming the crocodiles: 4 Citadel employees open up about life in Miami two years after Ken Griffin made Florida his new home
▼ + stars: | 2024-03-14 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +18 min

Two of the people we spoke with moved from New York City, one from London, and one from Seattle. Citadel's Miami office overlooks the Biscayne Bay and downtown Miami. Citadel and Citadel Securities also cover the cost of a weeklong visit to Miami for employees and significant others who are considering moving there. Cupjin Huang just started his job as a quant researcher for Citadel Securities this year. AdvertisementCupjin Huang, a quant researcher at Citadel Securities, in Miami with his dog Rufus.

Persons: —, it's, Ken Griffin, Thoma Bravo, Goldman Sachs, Griffin, Lin, Manuel Miranda's, Hamilton, Maksim Solovjov, Miami doesn't, Rich Cummings, there's, Liz Boyhan, Cupjin Huang, Huang, Rufus, Pitbull, that's, Cummings, Solovjov, It's, you'll, Alexander Spatari, Inrix, she's, haven't, Fortune, he's, Boyhan, I've, fiancé Organizations: Service, Southeast Financial Center, Citadel Securities, Business, Bloomberg, Citadel, Citadel Citadel, Miami Dolphins, Miami, Prix, Citadel's, Downtown, Alibaba, BI, Key, New, New York City, Transportation, Fairchild, Botanic, Miami - Dade, Miami Beach, Google, UBS Locations: Miami, Biscayne Bay, Fisher, South Beach, York, Wall, New York, United States, New York City, London, Seattle, Magic, Bay, Florida, Downtown Miami, Brickell, Chihuahua, Hawaii, —, Orlando, Los Angeles, Coral Gables, Fairchild, Italian, Tua, Solovjov, Manhattan

NEW YORK (AP) — Broadway audiences will soon be hearing the hit songs of Alicia Keys — not far from where the multiple-Grammy-winner grew up. “Hell's Kitchen,” the semi-autobiographical musical by the singer-songwriter, is making the move uptown from off-Broadway to the Shubert Theatre this spring. The musical features Keys’ best-known hits: “Fallin’,” “No One,” “Girl on Fire,” “If I Ain’t Got You,” and, of course, “Empire State of Mind,” as well as four new songs. “Hell's Kitchen,” in a way, is a full-circle moment for the Keys' family. In 2011, she was a co-producer of the Broadway play “Stick Fly,” for which she supplied some music.

Persons: Alicia Keys —, “, Maleah Joi Moon, Keys, ”, Kristoffer Diaz, Michael Greif, Evan Hansen, Camille A . Brown, Ali, ” Keys, Neil Diamond, ” “, Britney Spears, Elton John, Cyndi Lauper, Sting, Alanis Morissette, Dave Stewart, Edie Brickell, David Byrne, Fatboy Slim, Bono, ___ Mark Kennedy Organizations: Shubert Theatre, Associated Press, Broadway, of, New York University, Yorker, Guardian Locations: Chad, New York City, Toledo , Ohio, New York, Moulin Rouge

☆ US commercial property loan activity to drop off in Q4 after Q3 pickup -DBRS
▼ + stars: | 2023-11-20 | by ( Matt Tracy | ) www.reuters.com time to read: +2 min

The third quarter saw roughly $3 billion in new collateralized loan obligations (CLOs) backed by CRE loans, according to a Friday report by DBRS. This marks a significant turn from the second quarter, which saw less than $1 billion in CRE CLO issuance. Office-backed loans represented almost half of all CRE delinquencies in the third quarter, according to DBRS. An overall 3.27% delinquency rate for CRE CLOs in the third quarter was roughly in line with the second quarter rate, according to DBRS. There were $2.67 billion in delinquent CRE CLO loans as of September, a $20 million increase from the second quarter.

Persons: Marco Bello, DBRS Morningstar, CLOs, Loans, CRE CLOs, CRE, Matt Tracy, David Gregorio Our Organizations: U.S, DBRS, CRE, Thomson Locations: Miami, Biscayne Bay, Brickell, Downtown, Miami , Florida, U.S, DBRS, delinquencies

☆ Billionaire Ken Griffin says Miami could overtake New York as a financial hub
▼ + stars: | 2023-11-15 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

The Citadel founder said that the city could one day overtake New York as the US' financial hub. Wall Street giants and tech CEOs are flocking to Miami, with Jeff Bezos moving from Seattle. AdvertisementKen Griffin has said that Miami "represents the future of America" and hinted that the city could one day supersede New York as a financial hub. We're on Brickell Bay, and maybe in 50 years it will be Brickell Bay North, how we refer to New York in finance," he said. The company is building a new $1 billion headquarters in Brickell Bay , Miami's financial district.

Persons: Ken Griffin, Jeff Bezos, —, Griffin, Miami's Organizations: Bloomberg, Citadel, Wall Street, Service, Sunshine State, Amazon, Florida doesn't Locations: Miami, New York, Seattle, Miami's Brickell Bay, Brickell Bay, Brickell, Chicago, Afghanistan, York, Florida

☆ A Florida dentist fired for tearing down posters of Israeli hostages had the 'best of intentions' but is now getting death threats, his lawyer says
▼ + stars: | 2023-10-19 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

A Florida dentist was fired for tearing down posters of Israeli hostages who were taken by Hamas in Israel. Dr. Ahmed ElKoussa is now getting death threats, but he had the "best of intentions," his lawyer told Insider. ElKoussa's lawyer says he pulled down the posters because he was worried they'd spark more conflict. Dr. Ahmed ElKoussa is now getting death threats for his actions, his lawyer told Insider on Thursday. According to Shibly, ElKoussa decided to tear down the hostage posters because he was "horrified" by the recent killing of a 6-year-old Palestinian-American boy.

Persons: Dr, Ahmed ElKoussa, —, Hassan Shibly, Shibly, ElKoussa, StopAntisemitism.org, it's, Juan Izquierdo, Izquierdo Organizations: Service, Muslim, Twitter, Police, Hamas Locations: Florida, Israel, Miami, Brickell, Illinois, Gaza

Eva Marie Uzcategui | Bloomberg | Getty ImagesIt's not your imagination: Companies are getting stingier with customer rewards. Raising the barSome of the biggest shifts in customer perks have come in the airline industry. At many retailers, customers must now pay a return fee if they want to ship back unwanted clothing, shoes or other items. "To drive that online demand, free shipping and free returns were put in place, but now we all know it costs significant money," he said. Both companies aim to make sure membership isn't shared with people who aren't paying, particularly as the companies chase new avenues of growth.

Persons: Eva Marie Uzcategui, Dunkin, Cowen, David Garfield, Yuping Liu, Stephanie Keith, Marshal Cohen, Circana, Nordstrom, Christopher Dilts, Kohl's, Macy's, they're, Amit Sharma, Heidi Isern, Levi Strauss, Ann Taylor, Crocs, Brooks, reining Organizations: Brickell City Centre, Bloomberg, Getty, Retailers, Ross, uptick, American Airlines, Delta Air Lines, United Airlines, Old Dominion, Strome School of Business, LaGuardia, American Express, American, IRI, NPD, Urban Outfitters, Abercrombie, Fitch, Nordstrom, Amazon, Foods, Netflix, Costco Locations: Brickell, Miami , Florida, Queens, New York, Delta, Schaumburg , Illinois

☆ Get ready to make a deal for your ride. InDrive is bringing its ride-hailing-haggling business to the US again.
▼ + stars: | 2023-07-20 | by ( Nancy Luna | ) www.businessinsider.com time to read: +6 min

InDrive is a ride-hailing app that lets customers haggle with drivers for fares. Many drivers are Uber and Lyft contractors eager to check out inDrive's promise of letting drivers and passengers negotiate ride prices, Arsen Tomsky, inDrive's CEO and founder, said. In 2022, inDrive was the second most downloaded ride-hailing app globally, behind Uber, according to Data.AI. Though it started in Russia, inDrive fully separated from its Russian business last year after the country invaded Ukraine, the company said. In addition to ride-hailing, inDrive in other global markets has added new business segments, including freight delivery, task assistance, and package delivery.

Persons: Arsen, Tomsky, InDrive, haggle, inDrive, Arsen Tomsky, Siberia Tomsky, Uber, Catalyst, verticals Organizations: Service, Fort Lauderdale , West Palm Beach, Boca Raton, Taxi, Tomsky, Insight Partners, Bond Locations: Siberia, South Florida, Wall, Silicon, America, Asia, Miami, South Beach, Brickell, Fort Lauderdale , West Palm, New York City, New Yorkers, Pacific, Africa, haggling, Yakutsk, Siberian, Florida, Russia, Ukraine

☆ Paul Simon Confronts Death, Profoundly, on ‘Seven Psalms’
▼ + stars: | 2023-05-18 | by ( Jon Pareles | ) www.nytimes.com time to read: +2 min

Simon begins the album in his most casual tone. He’s thinking about time, love, culture, family, music, eternity and God, striving to balance skepticism and something like faith. “I have my reasons to doubt/A white light eases the pain,” Simon sings in “Your Forgiveness.” “Two billion heartbeats and out/Or does it all begin again?”Simon’s songwriting has never been particularly religious. Its refrains return to, and work variations on, the album’s opening song, “The Lord.” As in the psalms of the Bible — which, as Simon notes in “Sacred Harp,” were songs — Simon portrays the Lord in sweeping ways: wondrous and terrifying, both protector and destroyer, sometimes benign and sometimes wrathful. As his fingers sketch patterns, he latches onto melody phrases and then lets them go, teasing at pop structures but soon dissolving them.

☆ The countdown is on for DeSantis' presidential kickoff, just as 2024 frontrunner Trump readies powerful exit from Florida
▼ + stars: | 2023-05-18 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +9 min

Polling has him second to Trump, who has been living in Florida at Mar-a-Lago in Palm Beach. Donald Trump's permanent residence is in Palm Beach, Florida, at his Mar-a-Lago oceanside estate. New Jersey, therefore, is set to become the new go-to spot for the GOP right around the time that the DeSantis campaign kicks off. On Monday, DeSantis' political team moved to a new office in Tallahassee, NBC News reported. The DeSantis political operation declined to share details of the governor's plans, including formal rollouts and events that may come later.

☆ Sun Starts to Set on Once-Hot Sunbelt Office Markets
▼ + stars: | 2023-04-26 | by ( Peter Grant | ) www.wsj.com time to read: 1 min

Miami’s Brickell district is one of the pockets of the Sunbelt office market showing more resilience than others. Photo: Saul Martinez/Bloomberg NewsOffice markets in popular Sunbelt cities are showing signs of fatigue, succumbing to economic uncertainty and the persistence of remote work that had already upended major coastal office markets. Fast-growing cities from Miami to Phoenix are still benefiting from businesses moving south, drawn by lower taxes, warmer climates than in the Northwest and Midwest, and more business-friendly government policies, market participants say. Nashville, Tenn., and Austin, Texas, recently topped the list of 2022’s hottest job markets, according to The Wall Street Journal’s annual rankings of nearly 400 metro areas.

☆ Credit Suisse whistleblowers say Swiss bank has been helping wealthy Americans dodge U.S. taxes for years
▼ + stars: | 2023-03-29 | by ( Eamon Javers | ) www.cnbc.com time to read: +14 min

In this article CSCSG.N-CH Follow your favorite stocks CREATE FREE ACCOUNTA sign of Credit Suisse bank is seen at their headquarters in Zurich on March 20, 2023. "To date, no Credit Suisse employees involved in the scheme have faced any consequences from the United States government for their participation." "It's not a question of whether Swiss banks continue to do this, it's a question of which Swiss banks still do this." In a statement to CNBC, a Credit Suisse spokeswoman said it does not tolerate tax evasion. "DOJ must correct its lax oversight of Credit Suisse and hold Credit Suisse accountable for any violations of its plea agreement," he said.

☆ Peter Thiel's reported romantic partner was found dead in Miami. Police are investigating as possible suicide.
▼ + stars: | 2023-03-24 | by ( Jack Newsham | ) www.businessinsider.com time to read: +3 min

Jeff Thomas, a 35-year-old actor and model, was found dead in Miami in a possible suicide. Miami police view the case as a possible suicide and plan to interview Thiel, The Intercept said. The Intercept reported that Thomas and Thiel had been seen at each others' homes, including at raucous parties. "And he did, and so he didn't support Trump in 2020. Thomas said he had doubts about his relationship with Thiel, the Intercept reported, and the two were not living together.

☆ As Miami high-rises loom over financial district, local resident digs in
▼ + stars: | 2023-02-21 | by ( Maria Cardona | ) www.reuters.com time to read: +2 min

REUTERS/Marco BelloMIAMI, Feb 21 (Reuters) - As developers seek to build up Miami's skyline, long-time resident Ishmael Bermudez is digging in - literally. The artist and amateur archeologist lives in a single-family home in Brickell, a rare property in Miami's financial district. Bermudez, alongside community groups and professional archeologists, is pushing for more preservation in Miami as new developments unearth historical relics. Bermudez's home in Brickell, just south of downtown Miami, is painted with a multicolored seascape of fish and underwater plants. Reporting by Maria Alejandra Cardona in Miami; Editing by Lananh Nguyen and Kenneth MaxwellOur Standards: The Thomson Reuters Trust Principles.

☆ Inside Ken Griffin's rise to one of Wall Street's most powerful people, and why politics could be next
▼ + stars: | 2023-01-23 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +30 min

JB and I are not on speaking terms these days," said Ken Griffin, the billionaire hedge-fund manager, referring to JB Pritzker, the Democratic governor of Illinois. As Florida rolled back pandemic restrictions more quickly than Chicago, even more Citadel employees migrated south. Ken Griffin's hedge fund has had a run of eye-popping returns since 2020. Others worry that it gives Griffin's hedge fund an unfair advantage. Hundreds of Citadel employees, partners, and families gathered at the Orange County Convention Center in Orlando Florida.

Today, there are 54 Hispanic American banks and credit unions that are FDIC or NCUA insured around the US. We selected Hispanic American-owned credit unions from the National Credit Union Administration's list of minority depository institutions which was also updated in September 2022. In our list of Hispanic American-owned banks and credit unions, many of the institutions listed offer customer support in Spanish and English. You can open up savings accounts, checking accounts, CDs, and money market accounts in most of the institutions listed. To help you learn more about a specific Hispanic American-owned bank or credit union, we've included links to reviews of individual institutions.

☆ How the wealthy use life insurance to escape estate tax and why the tactic is now attracting scrutiny
▼ + stars: | 2022-10-12 | by ( Jeffrey Cane | ) www.businessinsider.com time to read: +5 min

I'm Jeffrey Cane, stepping out from behind the 10 Things on Wall Street newsletter curtain to help catch you up on all things financial today. But first: Could I interest you in some life insurance? Yes, life insurance is one answer, but it's life insurance with a twist. This little-known tax tool, which may be coming under increasing scrutiny, is called private placement life insurance, or PPLI. It is effectively a life insurance policy that is owned by an offshore trust.

☆ $57 billion Millennium just tapped a Goldman Sachs alum to build out its Miami tech hub as the battle for talent in the Sunshine State heats up
▼ + stars: | 2022-09-21 | by ( Alyson Velati | ) www.businessinsider.com time to read: +4 min

Millennium Management has tapped Olga Naumovich to lead its technology team in Miami. The war for local investing and tech talent is heating up as more hedge funds move South. Izzy Englander's $57 billion Millennium Management has tapped Olga Naumovich to lead its technology build-out in Miami, a source familiar with the hedge fund's plans told Insider. "I can see how there would be an increased demand for tech talent as firms start to run their footprint there." "Needless to say, the market for technology talent is intensely competitive at this time," Englander said.

Today, there are 56 Hispanic American banks and credit unions that are FDIC or NCUA insured around the US. We selected Hispanic American-owned credit unions from the National Credit Union Administration's list of minority depository institutions which was also updated on June 30, 2022. In our list of Hispanic American-owned banks and credit unions, many of the institutions listed offer customer support in Spanish and English. You can open up savings accounts, checking accounts, CDs, and money market accounts in most of the institutions listed. To help you learn more about a specific Hispanic American-owned bank or credit union, we've included links to reviews of individual institutions.

☆ A Colombian buyer just spent over $10 million on 6 Miami condos before they were even built as some South Americans rush to protect their wealth
▼ + stars: | 2022-09-04 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +5 min

Colombians are searching for Miami properties this year more than any other country's residents. COVID-19 caused a shift in preference from commercial to residential real estate as an investment. They see Miami real estate as a safe investmentWhy the turn to US real estate now? They see opportunity in residential real estate, as opposed to commercial real estate, like offices and retail spaces. "People were waiting to see who the next president was going to be, but now they're very afraid," Gomez said of Cipriani's Colombian buyers.

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