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All posts tagged "Constructionandrealestate"

Thousands of Florida homes flood repeatedly — but you’re not allowed to know which ones

Thousands of Florida homes flood repeatedly — but you’re not allowed to know which ones

MIAMI -- Between “rain bombs” and drenching from no-name storms, hundreds of homes in South Florida have experienced damaging flooding in the last year alone. But an exact count of flood-prone homes in South Florida — and where and how often they flood — has been all but impossible to pin down. Newly released data from the Federal Emergency Management Agency puts some hard numbers to a problem that climate change promises to make worse in the coming decades. Thousands of homes across the state have endured water damage more than once. It’s a number that is growing across the state, in part bec......
Cattle ranchers want Florida to preserve their land

Cattle ranchers want Florida to preserve their land

ORLANDO, Fla. — Cattle rancher Billy Kempfer would love for Florida to pay him for the development rights on his land, keeping it as ranchland forever. But it all comes down to the list. His St. Cloud-based Kempfer Cattle Co.’s properties rank at 42 and 73, respectively, on a list of 258 properties that are priorities for the state to preserve. To buy out Kempfer and the other people who want to sell their land, the state needs way more money than it has — it would cost more than $1 billion for all 258. “There might be a chance for our first project but there’s little to no chance for the seco......
The Upper West Side’s tallest building is going up fast, with one apartment listing at $34 million

The Upper West Side’s tallest building is going up fast, with one apartment listing at $34 million

After years of controversy, community pushback and construction pauses, the building slated to become the tallest on Manhattan's Upper West Side is finally going up — to the annoyed resignation of local residents. Close to both Central Park and Lincoln Center, 50 West 66th Street will be 775 feet tall with 127 luxury condo units. Eight listings available on Douglas Elliman are currently going for between $4.6 million and $34 million. Its distinctive orange-clad scaffolding and glass facade are already towering above the block. “I’m less than thrilled,” said local Lynn Kressel. “I feel like the......
Opportunity zones are one of Tim Scott’s signature initiatives, but how successful are they?

Opportunity zones are one of Tim Scott’s signature initiatives, but how successful are they?

COLUMBIA, S.C. — Columbia’s Middleton family, leading developers in the downtown area in recent years, made a sizable profit when they sold their share in a local hospice business two years ago. Rather than pocket the income, the family invested those earnings in one of their biggest development ventures to date: a 65,000-square-foot production brewery and restaurant north of downtown. Downtown’s Main Street is packed with Middleton businesses, including a boutique bowling alley, a dueling piano bar and a hibachi restaurant. But the family chose to locate Peak Drift Brewery somewhere less flas......
12 injured, including 3 firefighters, as crane arm collapses in NYC neighborhood

12 injured, including 3 firefighters, as crane arm collapses in NYC neighborhood

A machine deck fire sent a construction crane boom plunging 45 stories to the Midtown Manhattan streets, with terrified pedestrians running for their lives to the terrifying sound of the tumbling equipment on Wednesday morning. The flames caused severe damage to the 180-foot-long boom once the fire ignited high above 550 10th Ave. at 7:25 a.m., and the arm collapsed with a 16-ton load of concrete headed to the 36th floor and several loud bangs while plowing into a high-rise building across the street. A plume of thick black smoke, visible above the New York skyline for miles, rose as the sleep......
She refused to pay a $500 fee to her landlord. Her property manager called the cops

She refused to pay a $500 fee to her landlord. Her property manager called the cops

SACRAMENTO, Calif. -- Carol Eckstrom dragged out a chair and staged a sit-in, just a few months after her stroke. In a way, she got what she asked for: The manager of her Sacramento mobile home park had finally hired contractors to fix the bulge in her walkway. But it would cost her $500. Eckstrom flatly disagreed that she should automatically have to pay $500 to her landlord to have the walkway fixed. She wanted time to find her own contractor. If sitting right on top of that trip hazard all day would stop the work from happening, that’s what she would do. Eckstrom is 73, a retired accountant......