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☆ Arizona Biltmore: 8-year-old boy dies after statue falls on him at historic Phoenix resort
▼ + stars: | 2024-12-04 | by ( Dalia Faheid | ) edition.cnn.com time to read: +2 min

CNN —An 8-year-old boy died last week after a large statue fell on him at a luxury Phoenix resort, authorities said. One of the Arizona Biltmore’s outdoor statues fell over and landed on the child, who suffered a serious head injury, the Phoenix Fire Department told CNN affiliate KPNX. Around 8:45 a.m. on November 27, responding officers located the injured child and took him to a local hospital in critical condition, the Phoenix Police Department told CNN Tuesday. We wish them peace and respect their right to privacy during this difficult time,” the Arizona Biltmore told CNN in a statement. The statue was made of concrete, Keller told CNN affiliate KTVK.

Persons: Todd Keller, KPNX, ”, –, Frank Lloyd Wright, Alfonso Ianelli, Keller Organizations: CNN, Arizona, Phoenix Fire Department, KPNX, Phoenix Police Department, Phoenix Fire, Arizona Biltmore, ” CNN, KTVK, Historic Property Locations: Chicago

☆ Scammers are stealing homes from under their owners' noses. AI is making it scarily easy.
▼ + stars: | 2024-10-22 | by ( Jordan Pandy | Katie Balevic | ) www.businessinsider.com time to read: +12 min

The owner of a $137.5 million LA mansion says they're a victim of deed fraud and can't sell it. AdvertisementSpelling Manor's owner told the Journal through their lawyer that scammers filed a fraudulent deed with Los Angeles County earlier this year. The FBI's Internet Crime Complaint Center doesn't specifically track deed fraud. Gordon eventually got his property back after the title company signed a quitclaim deed that relinquished ownership, giving him his land back. Kiar said that in September, someone contacted a title company saying they had a vacant lot to sell in Hallandale Beach.

Persons: they're, —, Aaron Spelling, It's, Eric Schmidt —, scammers, Paul Harris, Tyler Adams, it's, Fraudsters, Victor Petrescu, LKLSG, Adams, Spelling, Elvis Presley, Elvis Presley's, Riley Keough, Jerod Harris, Lisa Jeanine Findley, Graceland, Findley, Scammers, William Gordon's, Gordon, Gabriella Cázares, Kelly, Petrescu, Daniel Kenigsberg, Marty Kiar, Kiar, hadn't, fraudsters Organizations: Service, Google, Wall Street Journal, Association, Spelling, BI, Mapleton, LA, Graceland, GAB, Getty, Naussany, NBC Miami Locations: Los Angeles, Beverly, Mapleton, Saudi, Angeles, Spelling, LA, Miami, Memphis , Tennessee, Missouri, Arizona, Pima County, Texas, —, Fairfield , Connecticut, Johannesburg, Broward County , Florida, Hallandale Beach

☆ Historic Biltmore Estate shutters after floods from Hurricane Helene ravage Asheville
▼ + stars: | 2024-10-05 | by ( Deon J. Hampton | Deon J. Hampton Is A National Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

ASHEVILLE, N.C. — America’s largest privately-owned estate has abruptly shut down in Asheville after Hurricane Helene caused extensive flooding and building damage along the 8,000 acre property. The iconic Biltmore Estate, situated in the Blue Ridge Mountains, spans 175,000 square feet, boasts 250 rooms, 43 bathrooms, 65 fireplaces and 22 miles of walking trail. “We are still assessing impacts to the estate from Tropical Storm Helene and that will take some time,” the estate said. In forested areas, which is a large portion of the estate, wind damage is extensive to grounds and some structures.” The post also said crews are clearing roads to start repairs. Last weekend, tree branches, logs and a dumpster floated across the nearby Biltmore Village after the area was submerged in water in the wake of the initial landfall.

Persons: Hurricane Helene, Melissa Sue Gerrits, Tropical Storm Helene, Sean Rayford, George Vanderbilt, Cornelius “, ” Vanderbilt Organizations: Biltmore, Hurricane Locations: ASHEVILLE, N.C, —, Asheville, Hurricane, Biltmore, Tropical, Florida, North Carolina, Buncombe, Staten Island , New York

☆ Take a look inside the California estate of celebrity photographer Annie Leibovitz that was just listed for $8.995M
▼ + stars: | 2024-04-23 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Celebrity photographer Annie Leibovitz bought her California farm estate in 2019 for $7.5 million. Take a look inside the sprawling 65-acre grounds nestled near the Bolinas Lagoon. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementFive years after purchasing a historic property in rural California, celebrity photographer Annie Leibovitz has placed her dream home back on the market. AdvertisementTake a look inside the property that captured this famous photographer's eye.

Persons: Annie Leibovitz, —, Stone Organizations: Service, San Francisco Art Institute, Wall Street Locations: California, New York, Europe, Bolinas , California

☆ A boomer couple 'couldn't get out of California fast enough' and moved to Kansas for retirement. Living costs are cheaper, and making friends is much easier.
▼ + stars: | 2024-03-05 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

A boomer and his wife moved to Kansas after living in California for 50 years. He and his wife sold their house for $1.4 million and bought a historic Kansas home for under $400,000. He said it's much easier to make friends in Kansas, and the cost of living is much lower. In 2020, he and his wife sold their home and moved to a suburb of Kansas City. While the California to Texas and California to Arizona routes were the most popular, over 5,500 people moved from California to Kansas between 2021 and 2022.

Persons: —, Mike H, Mike, couldn't, didn't, let's, we'd Organizations: Service, downtown, Kansas City, Westwood, Kansas -, Kansas, National Register of Historic Places Locations: Kansas, California, Kansas City, Texas, Arizona, Minneapolis, Noe, downtown San Francisco, Phoenix, Reno, Kansas - Missouri, Bay, Minnesota

☆ The 2008 housing bust suggests China's only halfway through its property crisis. Here's how the downturns compare.
▼ + stars: | 2024-02-13 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

"We estimate that real house prices in China declined 16% from the peak in 2021Q3 to 2023Q3," Goldman analysts said. For context, US real house prices peaked in early 2006 and bottomed in 2012. Goldman's derived measure of China's real house prices has only dropped by half as much as the US saw during its six-year collapse, as the chart shows below. Goldman Sachs"[O]verly loose mortgage lending standards and too much mortgage debt, which were at the center of the US subprime crisis, do not apply in China," Goldman analysts said. Foreclosures soared as homeowners couldn't afford to pay off or refinance their mortgages, which lowered house prices further.

Persons: —, Goldman Sachs, Goldman, Price Organizations: Service, International Monetary Fund, Business, Housing Locations: China, Beijing, 2021Q3

Albertson Bryan, adding that it will provide equitable educational opportunities for students on St. John. Whistling Cay has a guardhouse that colonial-era officials used to scan waters for slaves escaping from St. John to the nearby island of Tortola. St. John was part of the Danish West Indies, where slavery ended in 1848. Meanwhile, Tortola is part of the British Virgin Islands, which abolished slavery in 1834. Currently, public high school students living on St. John have to take a ferry to the neighboring island of St. Thomas.

Persons: John, ”, Albertson Bryan, Thomas . Organizations: JUAN, U.S . Virgin, U.S . National, Service, St, Danish, British Virgin Islands, U.S . Federal Emergency Management Agency Locations: Puerto Rico, U.S, St, Whistling, Tortola, Danish West Indies, British Virgin

MUSKOGEE, Okla. (AP) — The hallways of Bacone College are cold and dark. In the college’s historic buildings, there are leaks to plug, mold to purge and priceless works of Native American art to save from ruin. Founded in 1880 as a Baptist missionary college focused on assimilation, Bacone College transformed into an Indigenous-led institution that provided an intertribal community, as well as a degree. Across the country, there are only a few dozen tribal colleges, according to the American Indian College Fund, a nonprofit that supports Native American access to higher education. Tribal colleges must be sponsored by a federally recognized tribe and have a majority Native student enrollment.

Persons: aren't, Nicky Michael, Woody Crumbo, Fred Beaver, Joan Hill, Ruthe Blalock Jones, Bacone, “ Bacone, ”, Robin Mayes, Michael, Gerald Cournoyer, Cournoyer, Patti Jo King, King, Bull, Custer, Johnnie Diacon, Leslie Hannah, he’s, Midgley, Chris Oberle, KOSU, ___ Graham Lee Brewer Organizations: Baptist, Muscogee Nation Tribal Council, Lakota, Center, American, Kiowa, Huber Energy, Muskogee County Sheriff’s, MHEC, Associated Press, National Register of Historic Places, American Indian College Fund Locations: MUSKOGEE, Okla, shuttering, Muscogee, U.S, Cherokee, Bacone, Oklahoma, Ataloa Lodge, Sequoyah, Tulsa, Utah, Muskogee County

☆ They bought a huge rundown Italian castle and transformed it into a luxury retreat
▼ + stars: | 2023-05-09 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +8 min

“And to think that we never wanted a castle, never wanted to own one.”Castle homeMax and Joy Ulfane spent years renovating neglected Tuscan fortress Castello di Fighine into a luxury retreat. Although it was dilapidated and filled with rubble, the Ulfanes saw huge potential in Castello di Fighine and felt it was the right place for them. Castello di FighineThe Ulfanes later decided to purchase some of the rundown houses in the surrounding hamlet, and began renovating them once they’d completed most of the work on Castello di Fighine. They went on to purchase the hamlet’s old village school, and have since transformed it into a high-end restaurant, Ristorante Castello di Fighine. Built in the 11th century as a military lookout, Castello di Fighine is connected to the main road by one single unpaved public path.

☆ China allows Didi to resume signing up new users as tech crackdown eases
▼ + stars: | 2023-01-16 | by ( Laura He | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —Ride-hailing giant Didi received approval to resume new user registration in China, it said Monday, providing more evidence that Beijing’s regulatory crackdown on tech giants might be coming to an end. The move is the latest sign that regulators are loosening the reins on the country’s beleaguered tech companies in a bid to spur economic growth. With the approval of the Cybersecurity Review Office, Didi will be able to resume adding new users “immediately,” it added. Didi is a poster child for Beijing’s years-long crackdown on its tech companies. Regulators then targeted a number of other tech giants, including Tencent, Meituan and Didi.

☆ Xi Jinping estimates China’s 2022 GDP grew at least 4.4%. But Covid misery looms
▼ + stars: | 2023-01-02 | by ( Laura He | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —China’s economy grew at least 4.4% in 2022, according to leader Xi Jinping, a figure much stronger than many economists had expected. China’s annual GDP is expected to have exceeded 120 trillion yuan ($17.4 trillion) last year, Xi said in a televised New Year’s Eve speech on Saturday. Economists had generally expected growth to slump to a rate between 2.7% and 3.3% for 2022. But an explosion of Covid infections, triggered by the abrupt easing of pandemic restrictions in early December, is clouding the outlook. However, some forecast the economy will rebound after March, as people learn to live with Covid.

☆ As China abandons zero-Covid, what will the economy look like in 2023?
▼ + stars: | 2022-12-29 | by ( Laura He | ) edition.cnn.com time to read: +6 min

And with the global economy now facing significant challenges, including energy shortages, slowing growth and high inflation, China’s reopening could provide a much-needed and timely boost. China’s historic property downturn and a potential global recession could also cause more headaches in the new year, they added. They expect China’s economy to contract by 0.8% in the first quarter of 2023, before rebounding in the second quarter. Trade had powered much of China’s economic growth earlier this year, as exports were boosted by rising prices of the country’s goods and a weaker currency. “But a looming global recession means they probably have further to fall over the next few quarters.”

☆ Ivana Trump's lavish NYC townhouse is on the market for $26.5 million. The 1980s time capsule has a gold-encrusted library and a pink marble bathroom — take a look inside.
▼ + stars: | 2022-11-14 | by ( Robert Davis | ) www.businessinsider.com time to read: +2 min

Ivana's children — Donald Trump Jr., Eric Trump and Ivanka Trump — spent their teenage years there. The property is located between Fifth and Madison avenues and is listed for sale for $26.5 million. All proceeds from the estate sale are slated to go to Ivana's three children: Donald Trump Jr., Eric Trump and, Ivanka Trump. "My mom absolutely loved that house," son Eric told The Journal, adding that the property "embodied Ivana Trump." In her 2017 book "Raising Trump," Trump noted that the property needed "significant work" after it had sat empty for nearly 12 years.

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