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More apartments are being built in Miami than anywhere else in the US, the Wall Street Journal reported. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Now, "the Florida housing market is undergoing a restructuring as a result of the work-from-home phenomenon," housing expert Jonathan Miller told Insider. Particularly in South Florida, it's a sign that these wealthier newcomers — mostly from the northeast — have permanently altered Miami's housing market, Miller said. For wealthier newcomers who moved from the northeast, Miami luxury housing is actually comparatively cheap, Miller said.
Persons: Jonathan Miller, Miller, Daryl Fairweather, Rich, Eli Beracha, Mercedes Cabrera, WPTV Organizations: Wall Street Journal, Service, Wall Street, Redfin Corp, Bloomberg, Hollo, Real, Florida International University, Dade, Street Journal Locations: Miami, Wall, Silicon, Florida, South Florida, Real Estate, Manhattan, Broward, Palm Beach, Hileah, Dade County, Southeast Florida
Chart a 10-mile path down the Miami coast, and the options for luxury shopping are endless. But from Fendi to Missoni to Porsche to Bentley, the branded products many shoppers are buying aren’t items you can take home. Branded real estate is surging: The market for name-brand luxury condominium units is projected to grow 12 percent each year between now and 2026, according to a report from the global real estate consultants, Knight Frank. Like blue jean makers and handbag designers, developers have long understood the power of a label, and today in nearly every major city, homeowners can shop residences from well-known hospitality brands like Four Seasons, Aman and Ritz-Carlton. Now more surprising brands are getting in on the trend, with purveyors of both luxury cars and couture looking to condos for their next frontier.
Persons: Knight Frank, jean, Aman, Armani Casa Organizations: Porsche, Bentley, Ritz, Carlton, Armani, Bentley Residences Locations: Miami, Fendi, Missoni, Dade County, British
MIAMI (AP) — A city of Miami commissioner accused of bribery and money laundering was arrested Thursday on multiple corruption charges, officials said. Miami Commissioner Alex Diaz de la Portilla and a co-defendant, Miami attorney William Riley Jr., were both booked into the Miami-Dade county jail and were expected to make their first court appearances on Friday, according to the Florida Department of Law Enforcement. Diaz de La Portilla, 58, and Riley, 48, have each been charged with one count of money laundering, three counts of unlawful compensation or reward for official behavior, one count of bribery and one count of criminal conspiracy. Political Cartoons View All 1160 ImagesDiaz de la Portilla was being held on a $72,000 bond, and Riley was being held on a $46,000 bond. Attorneys for Diaz de la Portilla and Riley didn't immediately respond to messages seeking comment from The Associated Press.
Persons: Alex Diaz de la, William Riley Jr, Diaz de la Portilla, Riley, Diaz de la, Diaz, la, Diaz de La, Diaz de, Riley didn't Organizations: MIAMI, Miami, Miami - Dade, Florida Department of Law, Dade, Broward State Attorney’s, Associated Press Locations: Miami, Dade County, Delaware
MIAMI (AP) — Joe Jonas filed for divorce from Sophie Turner on Tuesday after four years of marriage and two children. The 34-year-old Jonas Brothers singer filed to end his marriage with the 27-year-old star of “Game of Thrones” and “X-Men” actor in Florida's Miami-Dade County Court. Turner and Jonas married in a secretive ceremony at a Las Vegas wedding chapel on May 1, 2019, after the Billboard Music Awards. Representatives for Jonas and Turner did not immediately respond to requests for comment. The Arizona-born Jonas came to fame with brothers Nick and Kevin in a band starting in 2005 and subsequent Disney Channel series.
Persons: — Joe Jonas, Sophie Turner, Jonas Brothers, Turner, Jonas, Dan, Shay, Willa, Sansa Stark, , Jean Grey, Nick, Kevin Organizations: MIAMI, Dade, Dade County Court, Billboard, Disney Locations: Florida's Miami, Dade County, Vegas, Northampton, England, The Arizona
CNN —Joe Jonas and Sophie Turner are going their separate ways. The singer filed a petition for divorce in Florida on Tuesday in Miami Dade County, according to public records obtained by CNN. CNN has reached out to representatives for Jonas and Turner for comment. At the time, Jonas posted a photo to his verified Instagram page showcasing Turner wearing her new engagement ring, with the caption reading “she said yes.”Turner and the Jonas Brothers singer went on to have two weddings. Turner shared a glimpse into the wedding days later when she posted a black and white photo of the couple during their recessional to her Instagram page, writing “Mr and Mrs Jonas” in the caption.
Persons: Joe Jonas, Sophie Turner, Jonas, Turner, ” Turner, Jonas Brothers, Elvis Presley, , Diplo, Tourreau, Elle, Jonas ”, Maise Williams, Nick, Kevin Organizations: CNN, Billboard, Thrones Locations: Florida, Miami Dade County, Las Vegas, France
Here is a list of some of the most powerful hurricanes to hit the mainland U.S. based on minimum atmospheric pressure, which scientists use to rate storm intensity. A lower pressure, measured in millibars, or mb, means a more powerful storm. UNNAMED FLORIDA KEYS HURRICANE, LABOR DAY 1935 (892 MB)The hurricane struck the Florida Keys as a Category 5 storm, the highest ranking on the five-step Saffir-Simpson scale. After ravaging the Keys, the storm moved north off the western coast of Florida before turning inland. Ian almost hit as a Category 5 storm, with the wind speed falling just short of the threshold of 157 mph (252 km).
Persons: Ian, Marco Bello, Idalia, Florida . HURRICANE CAMILLE, Camille, MICHAEL, Michael, HURRICANE KATRINA, HURRICANE ANDREW, Andrew, HURRICANE IAN, Hurricane Ian, Rich McKay, Marguerita Choy Organizations: REUTERS, National Hurricane Center, Florida Panhandle, U.S, HURRICANE, Texas Gulf, Hurricane, Thomson Locations: Fort Myers Beach , Florida, U.S, Florida, Florida , Georgia, Carolinas, FLORIDA, Florida . HURRICANE, Mississippi's Gulf, Central America, HURRICANE, New Orleans, South Miami, Dade County, TEXAS GULF, Texas, Texas Gulf Coast, Indianola, Galveston, Atlanta
Miami-Dade County is the most expensive urban area in Florida among the 10 places on the list. A composite index of 100 for a city means its cost living is equal to the national average. AdvertisementAdvertisementBelow is how expensive it can be to live in 10 urban areas in the Sunshine State. We also included some of the average prices of goods and services for the first quarter of this year. Did you move to one of these Florida places for the cost of living or did you decide to move out of Florida?
Persons: C2ER Organizations: Miami, Council for Community, Economic, Service, Sunshine State Locations: Dade County, Florida, Wall, Silicon, Sunshine, Manhattan , New York
She's aiming to unseat Rick Scott, who always eked out narrow wins in his general election contests. But Scott will be running in a presidential year, when Florida Republicans could have a considerable edge. AdvertisementAdvertisementSo where does that leave Florida Democrats as they look toward 2024? "Ya no más," she said in Spanish, which translates to "no more," and added, "I've already fought guys like Rick Scott, and beat them." Florida Sen. Rick Scott speaks during a news conference following the GOP weekly policy luncheon on Capitol Hill on September 20, 2022.
Persons: Debbie Mucarsel, Powell, Rick Scott, Scott, Sen, Rick Scott of, Democrat Alex Sink, Charlie Crist, Democratic Sen, Bill Nelson, Donald Trump, Ron DeSantis, Joe Biden, DeSantis romped, Crist, Trump, Mucarsel, Scott —, I've, Florida Sen, Jose Luis Magana Mucarsel, Biden, Carlos Giménez —, , Scott Hartline Organizations: Democratic, Florida Senate, Florida Republicans, Service, Republican, Democrat, Gov, Trump, Florida, Florida Democrats, Democrats crave, Latina, Columbia, Healthcare Corporation, Politico, Mucarsel, Capitol, AP, Republicans, Dade County, State, GOP Locations: Florida, Wall, Silicon, Rick Scott of Florida, Ecuadorian American, Miami, Dade County, South Florida, Mucarsel
And along the Gulf Coast, officials are now grappling with how to handle two potentially deadly disasters set to compound: a hurricane and extreme heat. Last week, the city issued an emergency declaration for extreme heat, underscoring rising concerns about widespread power outages ahead of peak hurricane season. Experts have also said that extreme heat is a silent killer and can be a major contributing factor in the overall hurricane death toll. “If Miami experienced extreme heat at the same time, portions of our community would have no relief for what could be days or weeks,” Williams told CNN. Officials there are still navigating how to properly prepare for the rapidly changing extreme weather to avoid mass casualties.
Persons: CNN — It’s, ” Anna Nguyen, , they’ve, ” Christopher Dalbom, who’s, Christiana Botic, Nikisha Williams, ” Williams, Irma pummeled, ” Thomas Muñoz, , We’ve, Pete Gomez, Hurricane Ida, Eva Marie Uzcategui, Daniella Levine Cava, Gomez, ” Gomez, Williams, , Muñoz, I’ve, ” Muñoz, Nguyen, they’re, Katrina, ” Nguyen, “ There’s Organizations: CNN, New Orleans Homeland Security, Preparedness, Tulane Center, Environmental Law, New York Times, The Miami Foundation, Miami, Houston’s Office, Emergency Management, Dade, Bloomberg, Getty, Homeless Locations: Gulf Coast, New Orleans, Miami, Dade County , New Orleans, Houston, Coast, Irma pummeled Florida, Texas, Florida, Dade County, Miami , Florida, , Orleans
Opinion | What’s the Matter With Miami?
  + stars: | 2023-08-03 | by ( Paul Krugman | ) www.nytimes.com   time to read: +1 min
For a couple of years after the pandemic struck, there was considerable buzz to the effect that much of the financial industry might leave New York for Miami. With Covid disrupting normal urban life, it seemed as if much of the big money might focus on the financial advantages and leave the Big Apple. But the buzz around finance moving to Miami seems to have died down. In fact, the population of Miami-Dade County actually fell between 2019 and 2022. Its homicide rate is only half as high as Miami’s, while it has other advantages, such as an extensive mass transit system that Miami lacks.
Organizations: Miami, Taxation, Economic, Big Apple Locations: New York, Florida, New York City, Miami, Dade County
Miami-Dade County's population shrank between 2019 and 2022 — its first population loss since 1970. Between 2020 and 2022, almost 80,000 people left Miami-Dade county for other areas. Despite Florida's boom, which helped it become the fastest-growing state between 2021 and 2022, Miami-Dade County has been losing more residents than it's been gaining in recent years. Home prices in Miami have surged 53% since June 2020, the Journal reported, citing data from Zillow. The median home value for Miami-Dade County as a whole is now close to $490,000, up around 7% over the past year, according to Zillow.
Persons: it's, Louis Organizations: Miami, Dade, Service, Street Journal, Federal Reserve Bank of St, Brookings Institution, Census, Joint Center for Housing Studies, Harvard University, U.S . Census Bureau, Journal, Jacksonville — Locations: Miami, Wall, Silicon, Dade County, Florida, U.S, Ocala, Orlando, Tampa, Atlanta, Zillow
Miami-Dade County's population shrank between 2019 and 2022 — its first population loss since 1970. Between 2020 and 2022, almost 80,000 people left Miami-Dade county for other areas. Despite Florida's boom, which helped it become the fastest-growing state between 2021 and 2022, Miami-Dade County has been losing more residents than it's been gaining in recent years. Home prices in Miami have surged 53% since June 2020, the Journal reported, citing data from Zillow. The median home value for Miami-Dade County as a whole is now close to $490,000, up around 7% over the past year, according to Zillow.
Persons: it's, Louis Organizations: Miami, Dade, Service, Street Journal, Federal Reserve Bank of St, Brookings Institution, Census, Joint Center for Housing Studies, Harvard University, U.S . Census Bureau, Journal, Jacksonville — Locations: Miami, Wall, Silicon, Dade County, Florida, U.S, Ocala, Orlando, Tampa, Atlanta, Zillow
New York CNN —Extreme heat in the summer has become America’s brutal new reality. It would also include building code changes that require multi-family homes provide cooling the same way they do heating. Heat waves and mirage create an impressionistic scene on Sierra Highway during a scorching day on Saturday, July 15, 2023. Cities are warmer than their surrounding areas, a phenomenon known as the urban heat island effect, and they need to be better designed to keep people cool, researchers say. They were designed 40 years ago when summer temperatures were much cooler,” Mark Wolfe said.
Persons: haven’t, , Mark Wolfe, hasn’t, ” Wolfe, Myung J, Chun, Rushad Nanavatty, National Weather Service hasn’t, Kelly Turner, , Turner Organizations: New, New York CNN, National Energy Assistance, ’ Association, Southland, Los Angeles Times, RMI, Cool Coalition, United, US Department of Energy, Centers for Disease Control, Low Income, Energy Assistance, nonpayment, LIHEAP, CDC, National Weather Service, Solutions, UCLA, Environmental Protection Agency Locations: New York, Chicago, Los Angeles, United Nations, Washington, DC, Arizona, Maricopa, Yuma, York City, Miami, Dade County
CNN —Miami GOP Mayor Francis Suarez has filed paperwork to run for president, according to new FEC filings, marking the long-shot candidate’s formal entry to the race. “Conservative mayor Francis Suarez chose a better path for Miami,” the video’s narrator says, highlighting his approach to crime and support for law enforcement. High-profile mayorPrior to his first election as mayor in 2017, Suarez served a Miami city commissioner for eight years. As mayor, Suarez has sought to bring a new era of technology, innovation and entrepreneurship to his city, including promoting industries such as cryptocurrency and artificial intelligence. In 2020, Trump lost Hispanic-majority Miami-Dade County – the state’s most populous county, which includes the city of Miami – by 7 points.
Persons: Francis Suarez, Suarez, Ronald Reagan, ” Suarez, Florida’s, Donald Trump, Ron DeSantis, Mike Pence, Nikki Haley, South Carolina Sen, Tim Scott, Doug Burgum, Asa Hutchinson, Chris Christie, Trump’s, Trump, , , Xavier Suarez, Elon Musk, DeSantis, NewsNation, CNN’s Jake Tapper, Hillary Clinton, DeSantis coasted Organizations: CNN, Miami GOP, Ronald Reagan Presidential, Fox News, Reagan, US, of Mayors, Wednesday, White, “ Conservative, Republican, Florida Gov, United Nations, Tim Scott , North Dakota Gov, Arkansas Gov, New, New Jersey Gov, CBS, GOP, Republican National Committee, Twitter, Disney, Miami Herald, DeSantis, Democratic, Miami, Dade, Miami –, Fox Locations: Simi Valley , California, Cuban, Miami, Florida, Palm Beach, South Carolina, Tim Scott , North, Arkansas, New Jersey, Milwaukee, Central Florida, , Dade County, Osceola, Orlando, Puerto Rican
He is the only Hispanic candidate in the Republican field and the third candidate from Florida along with front-runner Donald Trump and Florida Governor Ron DeSantis. But Miami has seen an influx of more traditional tech companies and wealthy investors during his tenure, many fleeing more rigid regulatory environs. Suarez has had thorny relationships with both Trump and DeSantis. He did not support Trump in his 2020 re-election bid and was critical of some of DeSantis’ COVID pandemic-era policies. Reporting by James Oliphant; Editing by Ross Colvin and Caitlin WebberOur Standards: The Thomson Reuters Trust Principles.
Persons: Francis X, Suarez, Donald Trump, Ron DeSantis, Trump, ” Suarez, James Oliphant, Ross Colvin, Caitlin Webber Organizations: Republican, Reuters, Florida, Miami, Dade, Trump, Fox News, Thomson Locations: Miami, Cuban, Florida, Dade County
Illinois Governor J.B. Pritzker, a Democrat, signed the historic measure into law on Monday in a Chicago library. The law goes into effect on Jan. 1, 2024, the governor's office said in a statement. "Here in Illinois, we don't hide from the truth, we embrace it," Pritzker said. Under the new law, Illinois public libraries can only access state grants if they adopt the American Library Association's Library Bill of Rights, which stipulates that "materials should not be proscribed or removed because of partisan or doctrinal disapproval." Other states may choose to embrace prejudice and divisive ideologies, but our state is going in a better direction," said Democratic State Representative Anne Stava-Murray, who represents Downers Grove, in support of the Illinois measure.
Persons: J.B, Pritzker, shouldn't, Laura Hois, We're, Representative Anne Stava, Murray, Maia Kobabe, Toni Morrison, Amanda Gorman, Joe Biden's, Brendan O'Brien, Aurora Ellis Organizations: Illinois, American, Association's, Republican, PEN America, American Library Association, ALA, ABC, Democratic, Representative, Downers, Thomson Locations: Illinois, United States, Chicago, U.S, Florida, Texas, Downers Grove, Utah , Missouri, Miami, Dade County
In July 1973, the Haitian activist Viter Juste moved his family and his belongings in a U-Haul truck from Bushwick, Brooklyn, to a neighborhood in Miami-Dade County known as one of the earliest settlements in the area. Mr. Juste’s move — about a decade after he relocated to the United States — was the catalyst for a change in the neighborhood then known as Buena Vista. Thousands of others later migrated from Haiti and created a new community that Mr. Juste is credited for naming Little Haiti. Little Haiti’s proximity to the hippest restaurants, bars, shops and clubs in Miami is enticing for developers. And as much of Miami-Dade County endures torrents brought on by climate change, the neighborhood’s elevation — about 10 feet above sea level and in an area of minimal flood hazards — is particularly attractive.
Persons: Viter Juste, Juste’s, United States —, Juste Organizations: Little Locations: Haitian, Bushwick , Brooklyn, Miami, Dade, United States, Buena Vista, New York City, Haiti, Little Haiti
Donald Trump’s criminal cases, explained
  + stars: | 2023-06-09 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +14 min
Trump was indicted back in March by the Manhattan district attorney on state charges related to hush-money payments to a former adult-film star in 2016. Smith is also overseeing other investigations related to Trump, including those regarding the January 6, 2021, insurrection and the 2020 election. That federal law deals with the illegal retention of “national defense information,” a broad term that encompasses classified documents and other sensitive government materials. Federal charges related to classified documents likely do not either. But people do routinely serve prison time for retention of classified documents, conspiracy and obstruction.
Persons: Donald Trump’s, He’s, Jack Smith, Trump’s, Trump, Aaron Burr, Wasn’t, isn’t Trump, Smith, Joe Biden’s, Jim Trusty, , Elie Honig, CNN’s Marshall Cohen, CNN’s Evan Perez, Joe Biden, Honig, , Robert Ray, Ray, it’s, David Axelrod, ‘ They’re, , Richard Hasen, don’t, Jean Carroll, We’re, hasn’t, Hasen, Richard Nixon, Gerald Ford, Nixon’s, Spiro Agnew, Agnew, Burr, We’ve, Let’s Organizations: CNN, US Department of Justice, Trump, White, National Archives, Prosecutors, Lago, USC, FBI, DOJ, That’s, Manhattan, Justice Department, Republican, Democratic, University of California, Senate, State, Quinnipiac University, Service Locations: Lago, Miami, Manhattan, Florida, Trump . Miami, Washington, New York, Dade County, Los Angeles, United States, New York City, Fulton County , Georgia, York
Ron DeSantis said Friday that he “had nothing to do with” a poem recently being moved from an elementary school library to a middle school library. “This is some book of poems. I had nothing to do with any of this, but it was a book of poems that was in an elementary school library and the school, or the school district determined that was more appropriate to be in the middle school library. So, they moved it from the elementary school library to the middle school library. The poem in question – Amanda Gorman’s “The Hill We Climb,” which she wrote for Joe Biden’s 2021 inauguration – was removed from the elementary school section of a Miami-Dade County K-8 public school to the middle school section of the school’s media center, CNN reported last week.
Persons: Ron DeSantis, , Amanda Gorman’s, Joe Biden’s, DeSantis Organizations: CNN, Florida Gov, Republican, Florida Parent, Association Homeschool Convention, Dade, HB, Miami, Florida, Read Locations: Miami, Dade County, Orlando .
A Florida parent tried to get Amanda Gorman's poetry banned, complaining it could "indoctrinate students." Gorman said she is "gutted," but the school told Insider the poem isn't bannedGorman slammed the situation on Twitter, repeating claims that the school banned the book. "Because of one parent's complaint, my inaugural poem, 'The Hill We Climb,' has been banned from an elementary school in Miami-Dade County." The organization, along with Penguin Randomhouse, filed a lawsuit against a Florida school district over the book bans, the Miami Herald reported. "I wrote 'The Hill We Climb' to that all young people could see themselves in a historical moment.
London-based Seaweed Generation is one such startup dedicated to seaweed sequestration. She's part of a wave of new "blue economy" entrepreneurs taking advantage of seaweed for carbon removal. Seaweed GenerationThe seaweed RoombaEstridge's Seaweed Generation has developed a robot that she described as a "Roomba meets Pac-Man." Seaweed Generation will work in waters with around 4,000 meters of depth and no upwelling current, which could bring sargassum back to the surface. Seaweed Generation has a planned pilot with the government of Antigua, which is invested in protecting its tourism industry.
Residents of mobile home parks in Arizona are being asked to leave, so student housing can be built. Mobile homes, not always mobile, are hard to repair so they're being razed. "We are in the deepest affordable housing crisis we've ever experienced," said Joanna Carr, acting head of the Arizona Housing Coalition. Efforts under way to revitalize old mobile homes have limits. Many park residents are Spanish-speaking immigrants earning minimum wage as landscapers or restaurant workers.
But on Tuesday, Florida came in first for education as part of the annual Best States rankings from US News & World Report. The Florida education model works." Students from the Miami-Dade County Public Schools School for Advanced Studies-Wolfson campus protest during a statewide walkout on April 21, 2023 in Miami, Florida. Florida Education Association President Andrew Spar panned the US News analysis as a "narrow view of education" and predicted curriculum restrictions and book removals would "impact student scores in the years ahead." Florida ranks 44th in the US for spending per student on public schools, according to the Florida Education Association, which is the state's teacher's union.
"It's like a dead carcass on the side of the road," DeSantis said in April of the Florida Democratic Party. Nearly two decades ago, Florida Democrats were "similarly declared dead, you know, forever, Amen," Schale said, but they rebounded. Wilfredo Lee/AP PhotoDemocrats say they still have spend in FloridaBut it's important for Democrats to still invest campaign resources in Florida, Democratic insiders said. Florida Democratic Party Chair Nikki Fried said the party had no infrastructure and no voter registration drive when she took the helm in February. Joe Raedle/Getty Images, Scott Olson/Getty ImagesBuilding a Democratic benchFried she's optimistic about Florida Democrats' future — and Biden's potential there.
Billionaire Ken Griffin donated $20 million to Miami Dade College to launch a new scholarship. Earlier this month, Griffin gave $300 million to his alma mater Harvard University. On Saturday, the billionaire founder of hedge fund Citadel donated $20 million to Miami Dade College, one of the country's largest and most diverse schools. Earlier this month, Griffin gave $300 million to Harvard University, his Ivy League alma mater, where he has now donated more than $500 million. Schools like Miami Dade are "the on-ramp to the American Dream," said Griffin in a commencement speech to Miami Dade College graduates on Saturday afternoon.
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