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☆ NYC's strict Airbnb ban faces a new challenge
▼ + stars: | 2024-12-12 | by ( Dan Latu | ) www.businessinsider.com time to read: +6 min

A protestor against Local Law 18 during a July 2023 rally in NYC. Related storiesThe effects of NYC's Airbnb ban so farNYC's announcement that it would begin enforcing Local Law 18 in September of 2023 shuttered thousands of Airbnb listings. Over a year later, the impacts of NYC's Airbnb ban are unclear, especially as some former listings may be still rented out illegally through Craigslist and Facebook. Tenants' groups say that Local Law 18 needs more time to work. "It was a bill that was supposed to impact housing, and it simply hasn't," Theo Yedinsky, vice president of public policy at Airbnb, told BI this week.

Persons: Airbnbs, they're, Farah Louis, Gia Sharp, Sharp, Esteban Girón, Airbnb, Theo Yedinsky, There's, Sean Hennessey, Jonathan M, He's, Paul Organizations: Local, City, Autonomy, Rights, City Council, Business, NYC . New York Daily News, NY Daily, Getty Images, Craigslist, Facebook, Tenant, New York, Tisch Center of Hospitality, Paul Locations: New York, New York City, Interior, Brooklyn, City, NYC ., New, Queens, Midtown Manhattan

☆ New York City renters are expected to soon save an average of $5,000 on apartments that used to have hefty move-in fees
▼ + stars: | 2024-12-12 | by ( Eliza Relman | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

The New York City Council passed the FARE Act, shifting broker fees from renters to landlords. AdvertisementThe New York City Council passed a law in November — the Fairness in Apartment Rental Expenses (FARE) Act — shifting the burden of real estate broker fees from renters to landlords. "People with smaller budgets have to compete really fiercely for more affordable homes, but with broker fees," Lee said. Related storiesThe expected impact of the lawStreetEasy expects the FARE Act to enable many more renters to move and create more transparency when they sign a lease. The FARE Act passed the city council with the support of 42 of its 51 members, giving it a veto-proof majority.

Persons: StreetEasy, it's, Kenny Lee, Lee, Eric Adams, Adams Organizations: New, New York City Council, York City Council, Apple, New York City, New York Department of State, Real, Board, erelman Locations: New York, York, New York City, StreetEasy

☆ I bought a storage-unit business with my husband. The customers can be difficult, but it makes financial sense for our family.
▼ + stars: | 2024-12-08 | by ( Nancy Brier | ) www.businessinsider.com time to read: +5 min

My husband and I bought a storage unit business because we couldn't afford my daughter's college. We found a fixer-upper mini storage business for sale and used Lauren's college savings as seed money to make the down payment. Related storiesOwning a storage unit business is nothing like I expectedBefore we bought the business, I assumed people would store their stuff, pay their rental fees, and eventually move on. One potential customer had just split up with her boyfriend, and as I explained the cost of renting storage space, I sensed her reluctance. AdvertisementThough it's difficult, the business works for usOwning a mini storage business has been more interesting and challenging than I thought it would be.

Persons: Lauren, It's, I'd, I've, we've Locations: Eastern Europe, California

☆ Howard Lutnick helped build Newmark into a real estate powerhouse. Now he's leaving for Washington.
▼ + stars: | 2024-12-04 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +7 min

AdvertisementHoward Lutnick opened his wallet and Rolodex to turn Newmark into a commercial real estate success. In 2011, the billionaire arranged for his affiliate financial company, BGC Group, to purchase the New York-based commercial real estate services firm Newmark for an undisclosed sum. The results have turned heads in the ultra-competitive real estate business. "It's one of the best positioned real estate players today," Goldfarb added, noting that he has an "overweight" – or buy – rating on Newmark stock. In 2014, Newmark purchased Grubb & Ellis, a commercial real estate services firm, out of bankruptcy.

Persons: Howard Lutnick, Newmark, Lutnick, Trump's, Howard, Barry Gosin, Donald Trump, Cantor Fitzgerald, Elon Musk, Barry, Alexander Goldfarb, Piper Sandler, Goldfarb, Cantor, Gosin, Mark Weiss, Scott Panzer, JLL, Panzer, Grubb, Ellis, Piper, David Falk, Falk –, Falk Organizations: Business, New, Cushman & Wakefield, Newmark, Cushman &, Economic, Newmark's Locations: Washington, Wall, New York, America, Cushman & Wakefield, Davos, Switzerland, Newmark's New York

The suits were brought by the Fair Housing Center of Central Indiana, an advocacy group serving residents of 24 counties in the state. Federal prosecutors have also alleged that tenant screening checks can be discriminatory. Fair Housing Center of Central Indiana“I sent them my expungement records, but I kept getting denied,” Williams recalled in a phone interview. TransUnion settled the suit without admitting or denying the allegations and paid $15 million, the largest amount recovered in a tenant screening matter, the FTC said. “We want safe communities where people can contribute, can build their lives, and that’s what fair housing laws are here to do.”

Persons: Don Mullen, Goldman Sachs, ”, Amy Nelson, we’ve, Brady Ripperger, Ericka Fotsch, Blackstone, Tricon, Marckus Williams, Williams, ” Williams, TransUnion, Nelson, “ Organizations: Blackstone Group, New, Pretium Partners, Goldman, Fair Housing, of Central, ” Staff, of Central Indiana, Tricon, Blackstone, National Consumer Law Center, Progress, of, NBC News, Housing, of Central Indiana “, Federal Trade Commission, Consumer Financial, FTC, Indiana Locations: Indianapolis, California, New York City, of Central Indiana, Indiana, Eastern, of Missouri, Kinloch

☆ Kenneth Kimes went on a deadly crime spree with his mother Sante. Now he’s speaking out
▼ + stars: | 2024-11-16 | by ( Faith Karimi | ) edition.cnn.com time to read: +12 min

Learn more about the dark saga of Sante and Kenneth Kimes in the latest episode of “How It Really Happened,” airing Sunday at 10 p.m. As investigators dug deeper they learned that “Manny Guerrin,” the name Kenneth Kimes gave Silverman when he rented the apartment, did not exist. In a 2000 interview with CNN’s Larry King, Sante Kimes called their arrest a witch hunt, saying they were victims of mistaken identity. Kenneth Kimes Sr. pleaded guilty to a lesser charge, but Sante Kimes went to prison in 1985. When he or other people called for Kenneth Sr., Sante Kimes would say he was traveling, in the shower or had laryngitis, he said.

Persons: Sante, Kenneth Kimes, CNN — Irene Silverman, he’d, Silverman, —, Kimes, Kenneth Kimes ., …, ‘ ” Kenneth Kimes, “, . Silverman, ”, Thomas Ryan, Irene Silverman, who’d, “ Manny Guerrin, Sante Kimes, Nassau . Kent Walker, Mike Albans, CNN’s Larry King, “ Kimes, Irene Silverman's, Stuart Ramson, Elizabeth Taylor, –, didn’t, Kenneth Kimes Sr, Santa Barbara, Kenneth Sr, Richard J, Suge Knight, Lyle, Erik Menendez, ” Sante, he’s, he’ll, I’ve Organizations: CNN, Getty, Radio City, New York City Police Department, New York City, Lincoln Town Car . Police, Police, Los Angeles International Airport, Lincoln, FBI, NY Daily, University of California, Donovan Correctional Locations: New York City, Los Angeles, Bahamas, San Diego, New York, Las Vegas , Los Angeles, Nassau, Central America, Las Vegas , Hawaii, In Nevada, California, Los, Nassau ., Angeles, New Jersey, Santa

☆ Latino mobile home park residents denounce conditions, allege discrimination
▼ + stars: | 2024-11-14 | by ( Albinson Linares | Albinson Linares Is A Reporter For Noticias Telemundo Based In Mexico City. | ) www.nbcnews.com time to read: +13 min

The sewage is exposed to the air and causes a lot of nausea and headaches,” said Veronica Isabel Dahlberg, executive director of HOLA Ohio, a nonprofit group assisting Latino state residents, which has advised mobile home park residents who sued. It is very expensive,” said Yvonne Maldonado, a co-director of Manufactured Housing Action, a nonprofit group that focuses on such communities. “We have recently seen private equity enter the manufactured housing market," PESP housing research coordinator Madeline Bankson said. During hurricanes, the National Weather Service has said, 72% of deaths occur in homes, and of those, 54% occur in mobile homes. She also urged mobile home park residents to organize their communities and if there are complaints, to do it as a group, which is more effective.

Persons: Mariano Jacobo Piñón, ”, Vicente Hernández, Ricardo Rodríguez, Veronica Isabel Dahlberg, Mariano Jacobo Piñón's, ” Rodríguez, Melissa Solomon, Jones, Patrick J, Condon, Yvonne Maldonado, Maldonado, Ana Eugenia Báez, Báez, Andrea Chiriboga, Flor, Ascentia, Marko Vukovich, ” Vukovich, Esther Sullivan, Eva Marie Uzcategui, Madeline Bankson, Fannie Mae, Freddie Mac, Jeanne Shaheen, Richard Blumenthal, John Fetterman, ” Shaheen, Banks, Juan Pablo Garnham, Garnham Organizations: Fairgrounds United, Perry Mobile Home, Noticias Telemundo, Jones Estates Fairgrounds, Jones Estates Perry LLC, Jones Estates, Department of Housing, Urban, Survey, Residents, People Center, Foxridge, Colorado Mobile, Private, University of Colorado, Home Parks, The Washington, Getty, Prosperity, Federal Housing Administration, “, Telemundo, Princeton, National Weather Service Locations: Lake County , Ohio, Mexico, Ohio, Hernández, Lake County, Mobile, U.S, New York, Colorado, Foxridge, Arapahoe County , Colorado, Denver, Sarasota , Fla, Sens

☆ California took a surprisingly red turn on key issues, upending its ultraliberal reputation
▼ + stars: | 2024-11-09 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Landlords, realtors, and some pro-housing groups opposed the measure, but the California Democratic Party, tenant groups, and some unions supported it. California voters did, however, vote to enshrine a state constitutional right to marry regardless of sex or race and to issue bonds for natural resource conservation. Related storiesThough Lurie is a Democrat, he received the support of some Republican groups in San Francisco who have criticized Breed's handling of crime, drug use, and homelessness in the city. AdvertisementOther signs California was turning more redBefore Election Day, there were some signs the state's electorate had shifted to the right. California is still tallying its votes, so exactly how much the presidential vote changed from 2020 to 2024 is unclear.

Persons: —, Elon Musk, Donald Trump, Kamala Harris, Gavin Newsom's, Voters, Allen J, Incumbent San Francisco Mayor London Breed, Daniel Lurie, Lurie, Levi Strauss, Mark Farrell, George Gascón, Gascón, Nathan Hochman, Harris, Joe Biden Organizations: Service, Democratic, SpaceX, Republican, Trump, State, Democratic Gov, realtors, California Democratic Party, Los Angeles Times, Getty, Incumbent San Francisco Mayor London, Democrat, The San Francisco Republican, Los, Public, Institute of California Locations: California, Texas, Coachella, San Francisco, The, Los Angeles County, Los Angeles, Illinois , New Jersey , New York , Connecticut, Maryland

☆ A man who paid $200.57 for a night at a famous NYC hotel and then lived there rent-free for years is unfit to stand trial, court says
▼ + stars: | 2024-11-09 | by ( Alcynna Lloyd | Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Mickey Barreto lived in the New Yorker Hotel for free for years before his recent arrest. AdvertisementDoctors say a man who had lived inside the iconic New Yorker Hotel for free for more than half a decade is unfit to stand trial. Mickey Barreto lived in the New Yorker Hotel for years without paying a single cent in rent. In June 2018, Barreto and his partner, Matthew Hannan, stayed in room 2565 at the New Yorker Hotel for one night and paid $200.57. Although a judge ordered him to stop representing himself as the owner of the hotel, Barreto continued to live there for free.

Persons: Mickey Barreto, Barreto, Doctors, —, Cori Weston, Weston, Brian Hutchinson, Hutchinson, Alvin Bragg's, Matthew Hannan Organizations: New Yorker, Service, Manhattan District, New York Times, Times, Addiction, Mount, Business, Associated Press, Holy Spirit Association, Department of Environmental, Unification Locations: , New York, Mount Sinai, Hutchinson, Barreto's

☆ Man who used legal loophole to live rent-free for years in NYC hotel found unfit to stand trial
▼ + stars: | 2024-11-07 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

A man charged with fraud for claiming to own a storied Manhattan hotel where he had been living rent-free for years has been found unfit to stand trial, prosecutors said Wednesday. Finally, we convinced him to go seek treatment,’” Barreto told The Associated Press on Wednesday. They say he forged a deed to the New Yorker Hotel purporting to transfer ownership of the entire building to him. Because I’m not being treated as a criminal but I’m treated like a nutjob,” Barreto told the AP. But the New Yorker closed as a hotel in 1972 and was used for years for church purposes before part of the building reopened as a hotel in 1994.

Persons: Mickey Barreto, he’s, Alvin Bragg’s, Judge Cori Weston, Barreto, ”, He’s, ’ ” Barreto, Brian Hutchinson, didn’t, I’m, ” Barreto, Muhammad Ali, Nikola Tesla Organizations: New York Times, Associated Press, Times, New, Unification Church, AP, Garden, NBC, Yorker Locations: Manhattan, Madison

☆ A Controversial Vacation Homes Tax Is Dividing Lake Tahoe
▼ + stars: | 2024-11-05 | by ( Amanda Yen | ) www.businessinsider.com time to read: +12 min

My grandparents' vacation cabin in Lake Tahoe is the stuff of legend. My grandparents' little house in South Lake Tahoe, which they bought for $113,000 in 1984, quickly became a haven for my family. Framers of the Tahoe tax measure took inspiration from Berkeley, California, which adopted a vacancy tax this year. Since the city of South Lake Tahoe was incorporated in 1965, it's been populated by a healthy mix of year-round and seasonal residents. As of October 2024, the median sales price for homes in South Lake Tahoe was $750,000, according to Realtor.com.

Persons: George Rose, it's, Amelia Richmond, —, Steve Teshara, Teshara, Frederic Lewis, Sherri Maslyar, Jeff Cowen, we'd, Amanda Yen, I'd Organizations: of Commerce, South Tahoe Association of Realtors, BI, Colorado and, Survey, Tahoe Chamber of Commerce, Realtors ' Association, Business, Tahoe, Planning Association Locations: Tahoe, South Lake, Berkeley , California, Oahu, Colorado, Aspen, Vail, Breckenridge, Bay, Colorado and Utah, Park City , Utah, Richmond, Emerald

☆ Washington DC is full of obsolete government buildings. See how one is being transformed into hundreds of luxury apartments.
▼ + stars: | 2024-11-03 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

The Cotton Annex, a landmarked federal building, is one of the latest to be transformed. The Cotton Annex building, built in 1937 just half a mile from the Washington Monument, is one of them. The US government has an independent agency, the Public Buildings Reform Board, that sells valuable but underutilized buildings, like the Cotton Annex. It also reinvented some features of the original building for a modern audience: The building's residents-only speakeasy features the original skylight once used to inspect cotton. Read on to see how the Cotton Annex was built and how it's being transformed.

Persons: — Organizations: Service, Washington DC, Washington, US Department of Agriculture, Buildings Reform Board, Carmel Partners Locations: Washington, DC

☆ FICO and VantageScore are the 'Coke and Pepsi' of credit scoring, says credit expert—what to know about each
▼ + stars: | 2024-10-31 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

When you view your credit score, you're likely to see a different three-digit number depending on whether you checked your score online, on your banking app or via another means. Although you have multiple credit scores, they're mainly calculated by two companies: VantageScore and FICO, which are the two main credit scoring systems used by the majority of lenders to evaluate how well you're managing your credit. "Think of those like Coke and Pepsi," John Ulzheimer, a credit expert who formerly worked for FICO and Experian, tells CNBC Make it. And your credit history needs to be at least six months long in order for FICO to generate your score. Although FICO scores are also used by lenders when you apply for credit, a mortgage or an auto loan, FICO weighs the factors it uses to calculate its credit scores differently.

Persons: John Ulzheimer, VantageScore, FICO, Matt Schulz, LendingTree's, Schulz Organizations: Pepsi, FICO, CNBC Locations: U.S

Define your real estate goalsWhat are you looking to gain from real estate investing, and what risks are you willing to take? REITs (real estate investment trusts)One of the best ways to start investing in real estate as a beginner is with a real estate investment trust (REIT). Real estate limited partnershipsA real estate limited partnership (RELP) provides investors with a diversified portfolio of real estate investment opportunities. Other notable real estate books worth checking out include:"The Warren Buffet Way" By Robert G. Hagstrom"The Real Estate Investor's Guide to Flipping Houses" By J. Scott"The Intelligent Investor" By Benjamin GrahamLocal real estate investment clubsConnecting with local real estate investment enthusiasts can be a great way to engage with the real estate community and expand your knowledge. FAQs about real estate investing for beginnersHow much money do I need to start investing in real estate?

Persons: Dana Bull, Chad Carson, CoachCarson.com, Equity REITs, Richard Ratner, Ratner, Bull, —, Brandon Turner, Insider's, Robert G, Scott, Benjamin Graham Organizations: Dana Bull Real Estate Consulting, Equity, Publicly, Bel Air Investment Advisors, Property, Resources, Beginners, Benjamin Graham Local Locations: Chevron, REITs

☆ A real-estate investor says he's cracked the code to producing 'at least $1,000 of positive cash flow every month,' but his rent-by-the-room strategy isn't for everyone
▼ + stars: | 2024-10-29 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

Peter Keane-Rivera owns single-family homes that he rents by the room to maximize cash flow. He's shopping around for a third home, as his rent-by-the-room strategy has generated healthy cash flow. Advertisement"I know how to upgrade properties to make them produce at least $1,000 of positive cash flow every month," said Keane-Rivera. Renting by the room is more hands-on and not for everyone, but can create more cash flow and lower your overall risk. "You diversify your cash flow by having four tenants under one roof instead of one," said Keane-Rivera.

Persons: Peter Keane, Rivera, —, " Keane, Keane, I'd, it's Organizations: Service, Business, Facebook Locations: Seattle, Roomster

☆ Real-estate investors agree: Short-term rentals bring in more money but cause headaches. Here's the 'sweet spot' some are shifting to.
▼ + stars: | 2024-10-25 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Investors agree: Short-term rentals are more lucrative but require more time than long-term rentals. Grant puts up with the occasional blow-up because her Airbnb units bring in a lot more money than her long-term rentals. Especially with higher interest rates, which increase your monthly mortgage payment, "long-term rentals are just hard," said seasoned real-estate investor Zeona McIntyre. Courtesy of Amberly GrantFull-time real-estate investor Avery Heilbron categorizes short-term and long-term rentals as "two completely different things." AdvertisementThe 'sweet spot' of real-estate investing: Mid-term rentalsShort- and long-term rentals aren't the only options for real-estate investors.

Persons: —, Amberly Grant, Grant, Zeona McIntyre, Avery Heilbron, There's, McIntyre, Covid, Airbnb, she'd, Heilbron, Peter Keane, Rivera, he's, Keane Organizations: Service Locations: Colorado, Boulder, Seattle

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, Reddit, Tesla, RH, Warby Parker, UPS and more
▼ + stars: | 2024-10-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Piper Sandler reiterates Tesla as overweight Piper says it's sticking with Tesla heading into earnings later this week. Morgan Stanley initiates BioAge Labs at overweight Morgan Stanley says the biotech company is well positioned. " Goldman Sachs upgrades Warby Parker to buy from neutral Goldman sees customer growth for the eyewear company. Morgan Stanley reiterates Home Depot as overweight Morgan Stanley raised its price target on Home Depot to $450 per share from $380. Morgan Stanley downgrades ServiceNow to equal weight from overweight Morgan Stanley said that expectations are already priced in to the stock.

Persons: John Donovan, Piper Sandler, Tesla, Piper, it's bullish, Morgan Stanley, Goldman Sachs, Warby Parker, Needham, Reddit, Gary Friedman, Jack Preston, Baird, TD Cowen, Cowen, Prologis, Goldman, Craig Felenstein, Jim Bombassei, Morgan Stanley downgrades ServiceNow Organizations: Deutsche Bank, GE Vernova, Deutsche, General Electric, BioAge, Barclays, UPS, FedEx, Dominion, Goldman, Nvidia, AMD, Mohawk Industries, JPMorgan, China EV, Catalyst, Bank of America, Fortune Locations: GitLab, NVDA, Europe, U.S, Las Vegas, China

☆ A 29-year-old built a cash-flowing real estate portfolio that gave him the option to leave his day job. He explains how he got started and scaled to 14 units.
▼ + stars: | 2024-10-20 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Avery Heilbron left his corporate job in 2024 to pursue real estate full-time. He wanted "the next thing" to be real estate, specifically, selling homes. To maximize rental income, he found a roommate to fill the second bedroom in his unit. Courtesy of Avery HeilbronMostly thanks to his rental income, he felt financially prepared to walk away from a steady paycheck. He works for a real estate agency, but "it feels like I'm doing my own thing.

Persons: Avery Heilbron, Heilbron, —, didn't, Avery, It's, I've Organizations: Service, BI Locations: Boston, Durham, North Carolina, Pinehurst

☆ The commercial real estate recovery is on, but the rebound may be uneven
▼ + stars: | 2024-10-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Howard Schnapp | Newsday | Getty ImagesThe tide could be turning for commercial real estate. That could give interest rate-sensitive sectors such as commercial real estate long-awaited positive momentum. While lower rates are not a "magic bullet," the easing of the Fed's monetary policy "lays the groundwork for a commercial real estate recovery," analysts wrote in a follow-up report in late September. More than $40 billion in transactions occurred during the second quarter, a 13.9% jump quarter over quarter, but still 9.4% lower year over year, according to real estate data intelligence firm Altus Group. While these dynamics could set the stage for a broader recovery, with some major subsectors such as commercial retail real estate picking up in tandem, the path forward will likely be uneven.

Persons: Howard Schnapp, Alan Todd, Todd, Willy Walker, Walker, Dunlop, what's, Wells, Wells Fargo, —, Chad Littell, Littell Organizations: Newsday, Federal Reserve, Bank of America, CNBC, REIT, Real, Board, New York, U.S, Capital Locations: Melville , New York, Wells, U.S, Manhattan, Wells Fargo

☆ NYC's short-term rental ban slashed Airbnb listings. A year later, it's unclear if it's made housing more affordable.
▼ + stars: | 2024-10-16 | by ( Eliza Relman | Dan Latu | ) www.businessinsider.com time to read: +7 min

It's been a year since New York City began enforcing its near-ban on short-term rentals, including Airbnbs. While the number of short-term rentals has plummeted, the effect on the housing market is unclear. AdvertisementNew York City's ban on most short-term rentals was supposed to make housing cheaper in the city. In September 2023, NYC began enforcing new regulations — known as Local Law 18 or LL18 — that severely restricted short-term rentals. With so many Airbnbs out of the short-term rental picture, they've been able to charge more.

Persons: It's, Airbnb, —, it's, Ben Kallos, LL18, they've, Sean Hennessey, Jonathan M, that's, they're, Paul, who's, Paul —, Theo Yedinsky, Yedinsky, Eric Adams Organizations: New, Service, New York Times, New York, Tisch Center of Hospitality, Facebook, Business, York City Locations: New York City, York, New, Astoria, Queens, San Diego, Mission Beach

☆ Singaporeans are used to paying less than $5 for a meal. This 30-year-old chef charges double, and diners keep coming.
▼ + stars: | 2024-10-14 | by ( Erin Liam | ) www.businessinsider.com time to read: +9 min

She went on to open a hawker stall selling prawn noodles, which later expanded into a casual eatery. When Dave Pynt, the chef-owner of Australian-inspired barbecue restaurant Burnt Ends, visited her school for a guest lecture on wood-fire cooking, she was intrigued. Shifting the focus to local cuisineA bowl of prawn noodles costs between SG$14 to SG$20 at Zhup Zhup. A hawker stall seemed like the perfect sandbox to test her ideas without spending a lot on overhead costs. The challenges of running a hawker businessThree years in, the hawker stall had just managed to earn back its capital.

Persons: Gwyneth Ang, Ang, —, she's, Erin Liam, Dave Pynt, hawker, Erin Liam So, pao, Darren Ang, Pynt, Erin Liam Singapore's, Teo Kay Key, Cherry Tan, Shanice Lim, nasi, Lim Organizations: Michelin, Service, Business, Culinary Institute of America, hawker, Department of Statistics, Institute of Policy Studies, National University of Singapore, Singapore Airlines Locations: Singapore, New Bahru, hawker, Macpherson, Pynt

Matthew Lavietes / NBC News“It’s just been one thing after another,” said Menegias, who has lived at the Twin City mobile home park for 11 years. Matthew Lavietes / NBC NewsMenegias rode out Milton at a nearby hotel on higher ground and returned home on Friday to assess the damage. Matthew Lavietes / NBC NewsBoth said they too were relieved Milton didn’t flatten their home or wash it away completely. This is our life savings.”The Twin City mobile home park in St. Petersburg, Fla., on Friday. Matt Lavietes / NBC NewsLawson said he was “absolutely heartbroken” when he returned to Twin City after Milton.

Persons: Hurricane Milton, Hurricane Helene, Milton, James William Lawson Jr, Matthew Lavietes “, ”, “ Milton, Menegias, what’s, Ninda, Matthew Lavietes, “, ” Shawn Halladay, Halladay, Matt Lavietes, Jesse Hancock, What’s, Helene, ” Hancock, Ria Blaight, Milton didn’t, Hancock, Blaight, they’re, Lawson, “ They’re, ” Matt Lavietes, Corky Siemaszko Organizations: Twin, NBC, Lakeshore Management, FEMA, Milton, NBC News, Twin City Locations: PETERSBURG, Fla, Twin City, Hurricane, Siesta, St . Petersburg, Coast, Twin, Florida, Pinellas Park, Hancock, Milton, New York City

CLEARWATER, Fla. — Two days after Hurricane Milton flooded The Standard at 2690 Apartments, representatives from the company that manages the 16-acre complex showed up Friday and barred tenants from returning to their homes. Before Milton arrived, McCoy said she noticed a maintenance worker boarding up the complex’s leasing office. "My neighbors ended up doing it for me.”As for the property managers, McCoy said, “They just were out like that. Police at the complex told reporters they rescued at least 500 other residents the same way. Samantha Hood, 32, who has lived at the complex for four years, said many of the tenants are poor families with children who live paycheck to paycheck.

Persons: Milton, We’ll, ” Angela Lentsch, Lentsch, Jas McCoy, McCoy, “, ”, couldn't, Kelvin Glenn, ” Glenn, Glenn, Sandra, Samantha Hood, Hood, Matt Lavietes, Corky Siemaszko Organizations: Infinity, NBC, Police Locations: CLEARWATER, Fla, Lentsch, Siesta, Clearwater, Florida, Old Tampa, Pinellas County, Bay Harbor, Montclair , N.J

☆ A self-insured landlord in Hurricane Milton's path is still recovering after Helene but isn't evacuating to stay nearby and help his properties
▼ + stars: | 2024-10-09 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

AdvertisementKevin Stuteville, 45, is prepping his St. Pete Beach, Florida, home for a second hurricane, Milton, after Helene wreaked havoc just days before. St. Pete Beach is a barrier island about nine miles from downtown St. Petersburg. According to FEMA, the entire city of St. Pete Beach is a within a flood zone. Advertisement"I'm not evacuating out of St. Petersburg — I just can't," he said. Are you a landlord with properties affected by Hurricane Helene or Milton, and are open to sharing your story?

Persons: Helene, Kevin Stuteville, he's, —, Pete, Stuteville, Pete Beach, Florida who've, That's, I've, it's, Pete Beach Stuteville, Petersburg —, we've, Hurricane Helene, Milton, Jordan Pandy Organizations: Service, Business, FEMA, Stuteville, realtors, Consumer Federation of America, Milton Locations: Florida, Pete Beach , Florida, Milton, St, St . Petersburg, Tampa, COVID, Petersburg, Alabama, Jacksonville

With one of the most powerful hurricanes in a century barreling toward Florida on Tuesday, the Twin City mobile home park was already a scene of devastation because of Hurricane Helene. Twin City Mobile Home Park in Saint Petersburg, Fla., on Oct. 8, 2024. Jesse Hancock and Ria Blaight tried to salvage what they could Tuesday from their flooded home in Twin City mobile home park. Matt Lavietes / NBC NewsBut Pinellas Park, just north of St. Petersburg, is also in a mandatory evacuation area. I don’t care what kind of home.”Twin City Mobile Home Park in Saint Petersburg, Fla., on Tuesday.

Persons: Hurricane Helene, Milton, Matt Lavietes, Mark Prompakdee, Helene, “, ‘, ” Prompakdee, Jesse Hancock, Ria Blaight, Hancock, Blaight, ” Hancock, ” Blaight, “ It’s, ” Walter Smutz, Smutz, I’m, ” Smutz, Ninda Menegias, Ninda, Menegias, ”, Corky Siemaszko Organizations: — Homes, Twin, Twin City Mobile Home, NBC, ” Twin City Mobile Home, Management, NBC News, Lakeshore Management Locations: PETERSBURG, Fla, Florida, Twin City, Hurricane, Saint Petersburg, Pinellas Park, Park, St . Petersburg, ” Twin City, Skokie , Illinois, St . Petersburg , Florida, New York City

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