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☆ This startup seals your leaky home so you waste less energy and reduce your bill
▼ + stars: | 2022-11-01 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Leaky homes and buildings are some of the greatest climate offenders, but a Dayton, Ohio-based start-up is making big gains in shoring up the problem. Aeroseal, which seals both air ducts and building envelopes, is now available across America and in 29 countries. Leaky airducts and walls are the single largest reason for wasted energy in homes. Reducing that wasted energy not only lowers consumers' bills, but also reduces emissions associated with energy production, which are a significant contributor to climate change. Aeroseal has so far raised about $30 million in venture capital from the likes of Breakthrough Energy, Energy Impact Partners, Building Ventures and 2150.

☆ Fire-razed lots in Colorado are going for up to $1.5 million as buyers bet on recovery from a wildfire that destroyed 1,000 homes. The prices signal that the appeal of the mountains still trumps clima
▼ + stars: | 2022-10-22 | by ( James Rodriguez | ) www.businessinsider.com time to read: +8 min

In late 2021, a wildfire tore through the Boulder suburbs and destroyed nearly 1,100 homes. Roughly 10 months after that blaze, known as the Marshall Fire, the vast majority of the burned lots remain vacant. "Open space with the ability to build what you want — that really doesn't exist in Boulder County," Jennifer Eiss, a Boulder real-estate agent with Compass, said. The median sale price for Marshall Fire lots that sold in the third quarter was $416,000, according to MLS data. Newer, more-sustainable building methods, combined with an emphasis on protective borders around homes, could help mitigate fire risks, Pechet said.

☆ Chile's Entel to sell fiber optic assets for $358 million
▼ + stars: | 2022-10-22 | by ( ) www.reuters.com time to read: +1 min

SANTIAGO, Oct 22 (Reuters) - Chilean telecoms giant Entel (ENTEL.SN) said on Saturday it would sell the assets of its fiber optic business, which provides services to homes, to local company ON*NET Fibra in a deal worth $358 million. Entel and ON*NET Fibra signed an agreement as part of the deal that will enable Entel to continue offering internet services for residences on ON*NET's network, Entel said in a statement. Following the closing of this transaction, ON*NET Fibra is expected to reach more than 4.3 million homes in 2024. Entel has operations in Chile and Peru and has more than 20 million mobile subscribers. Register now for FREE unlimited access to Reuters.com RegisterReporting by Fabian Cambero in Santiago Writing by Cassandra Garrison Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

☆ Mexican cable provider Megacable to invest $2 bln over 5 years
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Oct 20 (Reuters) - Mexican pay TV, internet and telephone provider Megacable (MEGACPO.MX) will invest $2 billion over the next five years to expand its network and grow to new cities, the company said in a release on Thursday. With the investment, Megacable expects to double its income and core earnings, or EBITDA, between 2025 and 2026, it said. Megacable has expanded to 11 cities so far this year and aims to hit 15 more by the end of the year, the company said, and hopes to double the number of residences it serves in the next five years. Megacable said the investment will help it to "continue positioning itself" as one of the largest companies in Mexico and Latin America, though it lags behind competitors America Movil (AMXL.MX) and broadcaster Televisa (TLEVISACPO.MX). Register now for FREE unlimited access to Reuters.com RegisterReporting by Kylie Madry; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

DENVER — The businessman accused of swindling people out of their life savings by promising to build them tiny homes and not delivering is now the target of a police investigation. Matt Sowash, founder of the Colorado-based nonprofit Holy Ground Tiny Houses, has also filed for bankruptcy, court records revealed Wednesday. A 14' tiny home featured on the Holy Ground Tiny Homes YouTube channel. Tiny homes have been touted as a solution to homelessness and an affordable way for many to put a roof over their heads as home prices across the country have skyrocketed. Holy Ground Tiny Homes.

☆ They Ditched Their Home Office and Turned It Into a Bar
▼ + stars: | 2022-10-19 | by ( Laura Hine | ) www.wsj.com time to read: +1 min

Page and Sheila Nazarian found their Brentwood, Calif., house in 2010 and by 2019 they were ready to undertake some major renovations and upgrades. When Mr. Nazarian approached Ms. Marie about their home renovation project, his timing was pretty perfect. “Page and Sheila became my first clients.”With their three children in mind, the Nazarians asked Ms. Marie, whose firm is Alana Marie Interiors, to start outdoors. They looked at the former owner’s home office. “We were going to keep it as an office,” Mr. Nazarian said, “but then one of our friends came in and said it would be an awesome bar.”

☆ Billionaire Silicon Valley investor Peter Thiel is in the process of acquiring Maltese citizenship, report says
▼ + stars: | 2022-10-15 | by ( Hannah Towey | ) www.businessinsider.com time to read: +3 min

Peter Thiel is in the process of acquiring Maltese citizenship, The New York Times reported Saturday. The Silicon Valley investor and Republican donor has American, German, and New Zealand passports. The EU is trying to ban Malta's "golden passport" scheme, which grants recipients access to the EU. Among these plans is Maltese citizenship, a popular passport among the ultra-wealthy looking for access into the EU. It's one of the only European Union member states left with a "golden passport" program, where foreigners can receive citizenship in exchange for investing over $700,000 into the local economy.

☆ Iran protests over woman's death persist despite crackdown
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +5 min

At least 185 people, including 19 minors, have been killed, hundreds injured and thousands have been arrested by the security forces, according to rights groups. The government says more than 20 members of the security forces have been killed. The Hengaw human rights group said on Monday security forces had fired towards residences in the Kurdish city of Sanandaj. Interior Minister Ahmad Vahidi reiterated accusations that Iranian Kurdish dissident groups were supporting the protests and said security forces would "neutralize the desperate anti-revolutionary effort". Governor Ali Hashemi said some Iranians had tried to hijack the workers' protests by chanting anti-government slogans, according to Iran’s Young Journalists Club News (YJC) Telegram account.

☆ Iran protests over woman's death persist despite crackdown, oil workers strike
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +3 min

Register now for FREE unlimited access to Reuters.com RegisterAt least 185 people, including 19 minors, have been killed, hundreds injured and thousands have been arrested by security forces, according to rights groups. The Iranian government says more than 20 security forces have been killed. Iranian authorities have said they will investigate civilian deaths. Governor Ali Hashemi said some Iranians tried to hijack the workers' protests by chanting anti-government slogans, according to Iran’s Young Journalists Club News (YJC) telegram account. The Hengaw human rights group said on Monday security forces fired towards residences in the Kurdish city of Sanandaj.

☆ Lawmaker complaint forces Tennessee pride festival indoors
▼ + stars: | 2022-10-07 | by ( Jo Yurcaba | Jo Yurcaba Is A Reporter For Nbc Out. | ) www.nbcnews.com time to read: +7 min

The drag show at a Tennessee pride festival will go on Saturday — but not in the way organizers had planned it. Darin Hollingsworth, a Jackson Pride Committee member, said organizers were “horribly disappointed,” because they know local LGBTQ youths would have felt supported at the drag performance. “But we will be in contempt if we even allow parents to bring in their child, so we won’t.”Hollingsworth said the pride event had been in the works for a year, and Jackson Pride had advertised it repeatedly. The event began to face backlash after a Sept. 17 Facebook post from Republican state Rep. Chris Todd. As a result, the Jackson Pride Committee decided to move the festival, including the drag show, into the Civic Center and to increase security measures by, among other things, having a metal detector.

☆ A $150 million beach house is still seeking a buyer for what would be the biggest sale in Hamptons history — see inside
▼ + stars: | 2022-10-06 | by ( Bethany Biron | ) www.businessinsider.com time to read: +1 min

La Dune, a 4.2-acre compound in Southampton, is currently on sale for $150 million. The property includes two residences situated near the beach, with a total of 19 rooms and 18 bathrooms. A sprawling beach house situated on 4.2 acres of coastal property in Southampton could be the biggest sale ever in the Hamptons — if it manages to find a buyer. According to CNBC, the last owner was art magazine owner Louise Blouin, who put it up for sale in 2016 for $140 million. Now, La Dune is back seeking a new owner once more, with the help of Nest Seekers International, a luxury real estate residential and commercial brokerage firm.

☆ Dr. Oz accused of 'money grab' as settlement talks fail in ugly inheritance battle
▼ + stars: | 2022-10-06 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Dr. Oz is fighting his Istanbul-based sister over the rental income from two Manhattan apartments. The TV doctor-turned-Senate candidate is making a 'money grab,' his sister's lawyer said Thursday. "While Nazlim claims that Dr. Oz has cut off her distributions, it in fact appears that she was never receiving any distributions," Cohen said. "The discussions were preliminary," the lawyer for Nazlim Oz said when asked about the settlement talks. The lawyer for Dr. Oz did not respond to a request for comment.

☆ London, Paris, Frankfurt and beyond: CNBC names Europe's best hotels for business travel
▼ + stars: | 2022-10-04 | by ( Monica Buchanan Pitrelli | ) www.cnbc.com time to read: +10 min

CNBC Travel and the market data firm Statista today release a ranking of the "Best Hotels for Business Travelers" in Europe. FrankfurtSofitel Frankfurt Opera JW Marriott Hotel Frankfurt Best Western Premier IB Hotel Friedberger Warte Le Meridien Frankfurt Steigenberger Airport Hotel FrankfurtSofitel Frankfurt Opera Source: Sofitel Frankfurt OperaThe Sofitel Frankfurt Opera is on Opera Square, or the Opernplatz, near the city's famed opera house. ParisLe Bristol Paris Les Jardins du Faubourg Kimpton - St Honore Paris Pullman Paris Center-Bercy Le MeuriceLe Bristol Paris Source: Le Bristol Paris | Claire CocanoGuests of Le Bristol Paris can count President Emmanuel Macron as a neighbor — Elysee Palace, the official residence of France's president — is just steps away. StockholmGrand Hotel Stockholm Radisson Blu Waterfront Hotel Stockholm Hotel At Six Bank Hotel Lydmar HotelGrand Hotel Stockholm Source: Grand Hotel StockholmTying for No. ViennaPalais Coburg Hotel Residenz Hotel Sans Souci Wien The Ritz-Carlton, Vienna The Harmonie Vienna Grand Hotel Wien This grand hotel built in 1845 is the former home of Austrian royalty.

☆ Dubai, Tel Aviv and beyond: CNBC names the best hotels for business travel in the Middle East
▼ + stars: | 2022-10-04 | by ( Monica Buchanan Pitrelli | ) www.cnbc.com time to read: +8 min

CNBC Travel and the market data firm Statista today release a ranking of the "Best Hotels for Business Travelers" in the Middle East. From Abu Dhabi to Tel Aviv, here is the full list of the winners in the Middle East in PDF format — complete with final scores — some of which are highlighted below. Alternatively, you can search by city or country using the table here:Abu DhabiRosewood Abu Dhabi Crowne Plaza Abu Dhabi — Yas Island Four Seasons Hotel Abu Dhabi at Al Maryah Island W Abu Dhabi — Yas Island Beach Rotana ResidencesRosewood Abu Dhabi Source: Rosewood Abu DhabiRosewood Abu Dhabi is the brand's only hotel in the United Arab Emirates. AnkaraAlegria Business Hotel Holiday Inn Ankara — Cukurambar Ankara Atli Hotel Ankara HiltonSA Occidental Ankara The Alegria is all business — as befits its name. It has the amenities that business travelers value — an on-site restaurant, bar and patisserie — all just a few miles from Izmir Adnan Menderes Airport.

☆ The average starter home in New York City has shrunk to the size of four parking spots
▼ + stars: | 2022-09-24 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

The cost of an average starter home in New York City ranges from $400,000 to $800,000, according to StreetEasy. Starter homes in NYC have shrunk by 9% in the last three years, the real estate marketplace found. The median square footage for a Manhattan home is now equal to that of four-and-a-half parking spots. The New York City housing market is notorious for buyers willing to pay more for less, but the size of a typical Manhattan starter home in is only getting smaller. Although first-time residences in Queens and the Bronx have shrunk the most, Manhattan homes remain the smallest.

☆ Facebook scammers recruited into the shadowy job after being trafficked say they were punished with push-ups or tased for failing
▼ + stars: | 2022-09-22 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +3 min

Indonesian workers were recruited for jobs in Cambodia involving scamming "clients" on Facebook, a new investigation reveals. One trafficking victim told VOD English that workers who didn't reach quotas had to do push-ups. One of the trafficking victims told VOD English that she was referred to a job recruiter on Facebook through her former boss. Sky told VOD English that workers who didn't reach their quota for "clients" had to do 50 push-ups for each client they were missing. "I was so stupid to believe him, because I have no choice," she told VOD English.

☆ An exclusive Miami island is getting a slew of $30 million-plus condos — and you have to be invited to buy them
▼ + stars: | 2022-09-22 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +3 min

Related Group and its partners have closed on the last developable parcel of land on Fisher Island. Fisher Island, a seven-minute ferry ride south of Miami Beach that sits at the intersection of Biscayne Bay and the Atlantic Ocean, has long been the stomping ground of the elite. Wealthy people can be discreet about their mansions, but we know that Oprah, Julia Roberts, and Mel Brooks are former Fisher Island residents. The enclave has also won some superlatives: Bloomberg determined Fisher Island was America's wealthiest ZIP code in April 2018, with an average income of $2.5 million in 2015. Fisher Island made headlines in 2020 for nabbing COVID-19 antibody tests for all the residents of its about 800 homes in the early days of the pandemic.

☆ They put their faith in a God-fearing man selling them tiny homes. Now they’re suing him for fraud.
▼ + stars: | 2022-09-20 | by ( Deon J. Hampton | Deon J. Hampton Is A National Reporter For Nbc News. | ) www.nbcnews.com time to read: +9 min

Developer Matt Sowash, founder of the Colorado-based nonprofit Holy Ground Tiny Homes, promoted the small residences on social media, including to his 80,000 TikTok followers, with short videos portraying an upbeat, God-fearing man selling the American Dream — affordable homes with financing and no credit checks. Holy Ground Tiny Homes. A 14-foot tiny home featured on the Holy Ground Tiny Homes YouTube channel. Davis filed a lawsuit against Holy Ground in August in U.S. District Court in Colorado, seeking a refund and other damages. When the deadline approached, Holy Ground informed her that delivery would be delayed.

☆ 'In loving and devoted memory': King Charles handwritten note to late queen
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +1 min

Britain's King Charles follows the gun carriage carrying his late mother the Queen Elizabeth after her funeral at Westminster Abbey, Westminster, London, United Kingdom September 19, 2022. Joshua Bratt/Pool via REUTERSRegister now for FREE unlimited access to Reuters.com RegisterLONDON, Sept 19 (Reuters) - Britain's King Charles paid tribute to his late mother Queen Elizabeth on Monday with a handwritten note laid on top of her coffin reading: "In loving and devoted memory, Charles R."The note was placed amid a colourful wreath for the late monarch that Buckingham Palace said contained, at Charles's request, rosemary, English Oak and myrtle, which had been cut from a plant grown from myrtle used in Elizabeth's wedding bouquet. There were also gold, pink, burgundy and white flowers cut from the gardens of royal residences. Royals and heads of state from around the world gathered at London's Westminster Abbey on Monday morning for the state funeral for Elizabeth, Britain's longest serving monarch, who died on Sept. 8 aged 96. Register now for FREE unlimited access to Reuters.com RegisterReporting by Marie-Louise Gumuchian; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

☆ How a man called Alastair Martin helped increase the value of Prince William's property empire by $350 million in less than a decade
▼ + stars: | 2022-09-19 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +4 min

Prince William has inherited a property empire worth $1.2 billion from his father King Charles IIIIn the past nine years, the value of the Duchy of Cornwall's assets has risen by $350 million. When he took over, records show the duchy was making profits of £28 million ($32 million) on assets worth £763 million ($880 million). Since then revenues from commercial activities and the sale of goods has risen by about £5 million ($5.8 million), while agricultural income has barely changed. Last year, the estate bought property worth nearly £42 million ($48.5 million), including several housing developments. But rising activity means operating costs have also doubled, with the duchy now spending more than £6 million ($6.9 million) on its wages bill.

For Quiñones and other Puerto Ricans, the continuing fragility of Puerto Rico's power grid five years later is a constant source of concern in a region that expects the possibility of hurricanes every fall. “Five years later, we are still exposed to the same risk,” Marxuach, who recently completed an analysis on the state of Puerto Rico’s electric power system, said. On Sunday afternoon, an islandwide blackout was reported as the eye of Fiona neared Puerto Rico's southwestern coast. Hurricane Maria devastated Puerto Rico on Sept. 20, 2017. In the meantime, residents were getting ready for another tropical storm, albeit one less destructive than Hurricane Maria.

☆ Inside the ultra-exclusive home-swapping app Kindred — which has a 'Raya-type' invite-only membership and a rapidly growing waitlist
▼ + stars: | 2022-09-18 | by ( Emily Carmichael | ) www.businessinsider.com time to read: +6 min

Some have compared the new home-swapping app Kindred to Raya, the exclusive members-only dating app. With homes that are largely luxurious, the average length of a Kindred stay is six days. Kindred gives home-swapping the (fancy) app treatment. And Kindred has a waitlist that it pulls from to build its housing inventory in locations popular with its members. Kindred vets, and personally photographs each of the homes on the app to ensure residences look like pictures.

☆ The $17 billion estate that helps pay for the royal family – from Regent Street to the Windsor Estate
▼ + stars: | 2022-09-18 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

The Crown Estate's income goes to the UK government, which gives the royal family an annual payment. The assets of the Crown Estate are worth about $17 billion. The Crown Estate is a collection of property and other holdings belonging to, but not managed by, the monarch. While the King technically owns the Crown Estate by virtue of being on the throne, he is not involved in its management. The Crown Estate's portfolio also includes parts of the shoreline and seabed, forests, farms and the Windsor Estate.

☆ King Charles doesn't have to pay inheritance tax on the Queen's private estate worth more than $750 million
▼ + stars: | 2022-09-11 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

King Charles has inherited the Duchy of Lancaster estate valued at more than $750 million. He will not have to pay inheritance tax on the estate due to a rule approved in 1993. The provision was first exercised in 2002 when the Queen Mother passed on an estate worth about $80 million to the Queen including a collection of Faberge eggs. The Lancaster estate generated revenue of £24 million ($27 million) last year, its financial records state, and the King is now entitled to its income. It had assets worth more than £650 million ($754 million) at the end of March this year, the duchy's website states.

☆ 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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