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South Florida’s biggest residential sales of 2020
Top sales were scattered throughout Miami Beach, Palm Beach and Coral Gables Miami /
From left: 300 North Lake Way, 1095 North Ocean Boulevard and 8 South Lake Trail (Google Maps)
South Florida’s ultra-luxury home market boomed in 2020, setting new records throughout the pandemic.
Buyers from high tax markets in the Northeast and California flocked to Palm Beach, Miami Beach and nearby towns, absorbing nearly all of the waterfront luxury home inventory. As people transitioned to working from home, they headed south in big numbers, looking to Florida and its lack of state income tax. That residential migration has included finance and tech executives, who are also opening up offices in the Magic City.
Jeff Bezos, Jeffrey Katzenberg and David Geffen led 2020 s Biggest Real-Estate Deals
12/28/2020 | 03:21pm EDT
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By Katherine Clarke Many U.S. billionaires got richer during the pandemic, thanks in part to the recovery of global stock markets. It s perhaps unsurprising then that, while individual markets were impacted to dramatically different degrees, the ultra-high end of the real-estate market didn t crash in 2020 as a result of the Covid-19 crisis. While the New York City market took a gut punch as wealthy Manhattanites fled the city, markets such as the Hamptons, Greenwich, Conn., Palm Beach and Los Angeles boomed. Local realtors attributed that uptick in part to the increasing fortunes of the wealthiest Americans, a desire by the rich to get out of densely populated environments and a rise in the number of people who wanted to upsize to larger homes with space for work-from-home friendly amenities like offices and gyms.
A bicyclist was severely injured last week when a tire became stuck in the streetcar tracks on H Street in Northeast D.C. and she was struck by a hit-and-run driver. Emily Ekle, a mother of two, was on her way home Jan. 15 when it happened. Due to a concussion, she remembers none of it, but she pieced it together… Maryland Jan 12, 2020
A man was seriously injured after being struck by a driver in Montgomery County who then left the scene, police say. The 38-year-old man was walking near Veirs Mill Road and Randolph roads around 9 p.m. Saturday in the Wheaton-Glenmont area when he was hit, police said. The driver fled, police say. The victim was taken to the hospital with…
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LONDON/NEW YORK (Reuters) - European and U.S. oil refineries face a wave of closures due to plateauing fuel demand, tightening environmental rules and overseas competition, prompting some owners to opt for an easier alternative - converting plants to produce biofuels.
FILE PHOTO: General view of Total s oil refinery at La Mede near Marseille, southern France, July 2, 2015. REUTERS/Philippe Laurenson
The shock of the coronavirus epidemic crushed global oil demand and as some producers, including BP, say it might never recover to pre-crisis levels, the need to close refineries has accelerated.
The International Energy Agency (IEA) said in a recent report that by 2030 around 14% of current refining capacity in advanced economies “faces the risk of lower utilisation or closure.”
Leaders pledge urgent action to clean up Baltic Sea
At a summit on Wednesday, leaders from countries surrounding the Baltic Sea pledged action to help generate the miracle needed to save one of the world s most heavily polluted bodies of water.
All agreed that action must be taken to save the Baltic Sea
In the Finnish capital Helsinki on Wedesday, Baltic region leaders gathered to discuss ways to save the Baltic Sea, a marine environment summit organizers called one of the most endangered in the world. We don t expect any miracles, but serious work by all of us which may make a miracle, said Finland s President Tarja Halonen, who co-hosted the summit with Finnish Prime Minister Matti Vanhanen and the Baltic Sea Action Group (BSAG).