My LA to Z: Mark Z. Danielewski

first_imgUncategorizedMy LA to Z: Mark Z. DanielewskiA formal jazz club, a small wine shop, a down and dirty bar, a Santa Monica park, and a couple of book stores top the writer’s list of favorite places in L.A.By Shayna Rose Arnold – October 21, 2011656ShareEmailFacebookTwitterPinterestReddItYou can also catch Danielewski at REDCAT on Halloween, where he’ll conduct a theatrical production of The Fifty Year Sword and sign books to raise funds for the Juvenile Diabetes Research Foundation. 1LucquesI certainly was aware of Alice Waters when I was up in Berkeley. I couldn’t afford to go to Chez Panisse but always wanted to go, so I eventually heard about Suzanne Goin when I came to Los Angeles. I love to go to the bar there and know a bit of the staff. If you’re really nice to Christiaan there, you can ask about his numbered drinks. They aren’t on the menu. I like the #9 and #27.Map | More info2Blue WhaleOne recent discovery that I really like is the Blue Whale. It’s an incredibly small jazz club where they are very strict about people not talking or having their phones out. Extraordinary musicians come through. I saw the Necks and Larry Karush there. It has a little bit of the old New York jazz scene and also a little bit of an other-worldly vibe.Map | More info3Libros SchmibrosI’m all in favor of Libros Schmibros because David Kipen brings such a wealth of knowledge and is so passionate about books. The way he is promoting reading is really great. More info4Skylight BooksI check out the manga and I like to talk to Franny, the cat. We have one of those conversations that is very private. Franny talks a great deal about American contemporary literature. But most people don’t stop to listen. Map | More info5Goose Egg ParkIt’s a small little park in Santa Monica where a merry band of lunatics assemble and practice Tai Chi. [Instructor] Michael Krubiner is there every Saturday. If anyone were interested, he’s very approachable and you could go and play push hands with him or ask him questions about his practice. It’s a fun place to leave your head and reconnect with your body. I’ve been studying for two-and-a-half, three years.Map6Power HouseIt’s somewhere I discovered before House of Leaves had come out and I sort of walked into it on my own. I remember talking with a friend there about the completion of House of Leaves and the beer bottles just filling up one of those booths. It has that down and dirty feel. Plus, it’s where Bukowski and the Beatles drank. I get the Dirty Jaguar, which is a shot of Hornitos with a drop of Mexican hot sauce.Map7Book SoupIf I find Franny at Skylight Books, I find myself as I was at 25 at Book Soup, and I was such an idiot back then it makes me wonder how much an idiot my now self will appear to my later self. The answer is pretty sobering.Map | More info8Beachwood CanyonOne of my favorite hikes starts off at the area where the coffee shop is and winds up through the houses, up the fire road past the dog park, and up another fire trail. It keeps going and going, and eventually you get to a point high above Griffith Observatory. As my friend says, “it’s a little further than far.” It goes just that extra distance where your body starts to get fatigued and it’s great. Map9Wi SpaWhat I love about it is the communal area where families or men and women lounge and everyone is clothed in these big shorts. They have a restaurant so you can eat a healthy Korean meal and spend a few hours there. When I was there I felt like I had left the country. That’s very restful.Map | More info9VenokadoWhenever I have to go to a dinner party I drop in to pick up a bottle of wine. I don’t know that much about wine, but when I was going to a dinner with Jonathan Gold they advised me. There’s also a bottle that I was introduced to that is phenomenal. It’s called Malagon and it’s the reserva de familia from Guadalupe, Mexico and it is hard to find but exceptional. They try and get it. It’s a small, tastefully done collection.Map | More infoPhotographs courtesy (in order): Michele Reverte, (1), (2), (3), (4), (5) santamonicapatch, (6), (7), (8), (9), (10)  TAGS2011L.A. CultureOctober 2011Previous articleReview: Scottish Ballet at the Dorothy Chandler PavilionNext articleOne More Reason to Hit the Food Event on SundayShayna Rose Arnold RELATED ARTICLESMORE FROM AUTHORFollow in Pee-wee Herman’s Footsteps Across L.A.What Defines a Successful Immigrant?The Undocumented Immigrants Who Are Redefining ‘American’last_img read more

Amazon takes one in every four pounds spent on physical music, film and games

first_imgMonday 26 January 2015 5:27 am Tags: Amazon Catherine Neilan More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse Amazon takes one in every four pounds spent on physical music, film and games Sharecenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online GameDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinitionUltimate Pet NutritionIf Your Dog Eats Dry Food, Do This Every DayUltimate Pet NutritionTheFashionBallPrince Harry Admits Meghan Markle May Not Be The OneTheFashionBallNovelodgePierce Brosnan’s Wife Lost 120 Pounds – This Is Her NowNovelodge whatsapp whatsapp Show Comments ▼ One in every four pounds spent in Britain on physical music, games and videos in the run-up to Christmas went to Amazon, figures out this morning show.  For the 12 weeks to December 21, Amazon dominated the world of entertainment, with 39 per cent of all the sector’s purchases being made with the etailer and 25.6 per cent of physical goods such as CDs and DVDs, according to Kantar Worldpanel.  But Tesco and HMV are nipping at its heels. The supermarket takes second place, though its market share only grew 0.1 percentage points to 14.7 per cent, and took 28 per cent of all sales of Frozen DVDs, as well as 21 per cent of Fifa 15.  These were the top two gifts in video and games respectively, and helped Tesco keep ahead of the wider supermarket sector, which lost entertainment market share year-on-year. Asda fared worst, with its market share dropping to 9.5 per cent from 12.9 per cent.  Meanwhile HMV grew market share from 13.4 per cent in 2013 to 13.9 per cent last year, no doubt thanks in part to rising vinyl sales, which was identified by HMV as a major contributor to its growth.   Kantar said this showed an “improvement” for the business, and noted that its transactional site, which is being launched in “coming months”, could further bolster sales. The data firm said  consumers who shopped at HMV spent a further £220m at rival retailers’ online stores during this period “money it could have been taking directly had a website been operational”.  Fiona Keenan, strategic insight director at Kantar Worldpanel, explains: “Amazon performed exceptionally well this Christmas and for the first time ever captured more than a quarter of Britain’s physical entertainment market.  “Its performance was aided by the increasing popularity of online retail which accounted for 39% of entertainment spending in the run up to Christmas – its highest ever level – growing by 3 per cent year-on-year. “While consumers’ average online spend increased by 6% this Christmas, they still spent less than they did when shopping in physical stores as retailers struggled to get them to shop impulsively online. A third of in-store purchases were bought purely on impulse, creating an additional £119 million for the industry, but when shopping online this proportion halved.  Retailers need to identify ways to encourage impulse purchasing in an online environment, particularly as so much of our spend goes through this channel.” last_img read more

Kim Jong Eun Visits Cartoon Studio, Kim Yo Jong’s Post Confirmed

first_img RELATED ARTICLESMORE FROM AUTHOR News Hamhung man arrested for corruption while working at a state-run department store AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] News Ordinary Pyongyang residents have not received government rations since mid-April Kim Jong Eun Visits Cartoon Studio, Kim Yo Jong’s Post Confirmedcenter_img SHARE North Korea tries to accelerate building of walls and fences along border with China News By Daily NK – 2014.11.27 6:06pm News Facebook Twitterlast_img read more

Marc Faber booted from Sprott board after racist comments

first_img Facebook LinkedIn Twitter Veteran investor Marc Faber has resigned his board seats at three companies based in Canada on Tuesday following comments he made in his investment newsletter that America was better off because it was settled by white people instead of black people. Late Tuesday, Vancouver-based mineral exploration and development company Ivanhoe Mines Ltd. was the latest firm to accept Faber’s resignation after Toronto-based Sprott Inc. and Vancouver-based Novagold Resources Inc. announced his departure earlier in the day. CPPIB to increase board diversity advocacy In his October Gloom, Boom and Doom Report newsletter, Faber wrote “thank God white people populated America, and not blacks. Otherwise, the U.S. would look like Zimbabwe, which it might look one day anyway, but at least America enjoyed 200 years in the economic and political sun under a white majority.” Faber provided a copy of the newsletter to The Canadian Press and wrote in an email that “if stating some historical facts makes me a racist, then I suppose that I am a racist. For years, Japanese were condemned because they denied the Nanking massacre.” Ivanhoe Mines said in a statement Tuesday that it “deplores” the views about race Faber published in his investment newsletter. “Values of equality, respect and dignity for all people are a fundamental underpinning of the company’s enterprise and the conduct of every aspect of its business,” the statement said. “There is zero tolerance for racism.” Sprott chief executive Peter Grosskopf called Faber’s comments in the newsletter deeply disappointing and completely contradictory with the views of Sprott and its employees. “We pride ourselves on being a diverse organization and comments of this sort will not be tolerated,” Grosskopf said in a statement. “We are committed to providing an inclusive workplace for all of our employees and we extend the same respect to our clients and investors.” The investment management firm said Faber has stepped down effective immediately. Precious metals company Novagold announced Faber’s departure, but did not address the comments in his investment newsletter. Share this article and your comments with peers on social media Progress on gender equality has stalled: reportcenter_img Related news Keywords Corporate directorsCompanies Sprott Inc. Canadian Press Senators push for stronger legislation for boosting diversity on boardslast_img read more

Hotels Reaping Substantial Benefits from CWC 2007 – Senator Franklyn

first_imgHotels Reaping Substantial Benefits from CWC 2007 – Senator Franklyn UncategorizedMarch 14, 2007 RelatedHotels Reaping Substantial Benefits from CWC 2007 – Senator Franklyn RelatedHotels Reaping Substantial Benefits from CWC 2007 – Senator Franklyn FacebookTwitterWhatsAppEmail Minister of State in the Ministry of Foreign Affairs and Foreign Trade, Senator Delano Franklyn has said that the tourism sector is benefiting tremendously from the ICC Cricket World Cup (CWC) 2007, as thousands of visitors are in the island for what is billed as the third largest spectacle in the world.“Every room on the north coast is booked. Yes, persons have spoken to me and told me that for the last three weeks they have been trying to get rooms on the North coast and they having a difficulty in getting rooms because they are all booked,” he disclosed at the recent launch of the Jamaica Cricket Legacy programme at Eden Gardens in Kingston.“For all those who were in doubt as to whether we would have been able to pull the number of visitors to Jamaica, and also those who were in doubt as to whether they would have been able to benefit from this business opportunity, they are all now benefiting,” he stated.This comes as positive news in light of the concerns raised by hoteliers, about the implementation of the CARICOM visa, noting that it would result in losses through cancelled bookings.Under the new visa regime, persons are allowed free movement within the region, which commenced operating as a single domestic space on February 1 as part of preparations for the ICC Cricket World Cup 2007.With the exception of the United Kingdom, the United States, Italy, Germany, France, Ireland, Spain, the Netherlands, South Africa, and Canada, in addition to all member states of the Caribbean Community, except Haiti, all other countries will require a visa for entry during the period February 1 to May 15.It is estimated that some 13,000 to 15,000 visitors will be in the island for the ICC CWC 2007. “The challenge is to ensure that we continue to have these rooms filled all year round,” he said.The focus on niche marketing will be paramount and as such the focus has included the Irish and Asian markets.“As a result of delegations visiting abroad promoting CWC 2007 in the Asian market particularly India, a heavy contingent from India is due in Jamaica and they will be occupying many of the seats for the semifinals on April 24. These are people who want to see and enjoy their cricket,” he said.In terms of various promotions via documentaries featuring countries of the Caribbean, the Minister said this was priceless. “I do not believe that the Jamaica Tourist Board at one shot could have been able to pay for this kind of promotion and advertisement and that is part of the legacy of hosting the event,” he pointed out.“The cost that has been put on the promotions that Jamaica will get out of hosting of this event is some US$100 million, so if you were to do the calculation it would run into $6.7 billion, so all those persons expressing concern about expenditure from promotional rights alone and benefits alone, we are almost making our returns,” he highlighted.There was absolutely no way, he added, that the Jamaican government could have in any one year, provided that budget for any kind of promotion.center_img RelatedHotels Reaping Substantial Benefits from CWC 2007 – Senator Franklyn Advertisementslast_img read more

Save date: Training on Greenhouse Gas Inventories

first_imgSave date: Training on Greenhouse Gas Inventories UN Climate Change News, 19 April -The professional training programme on the transparency of climate action and support will open for applications on 7 June 2021. The training is organized jointly by UN Climate Change and the Greenhouse Gas Inventory & Research Center of Korea (GIR).The programme’s objective is to provide professional training on greenhouse gas inventories to national experts from developing countries.Government officials, consultants and researchers from developing countries working in the fields of greenhouse gas emissions, emission reductions or more generally in the response to climate change are encouraged to apply by 30th June, 2021 at the latest.Selected applicants will be notified by 26th July, the online training program will begin by the first week of August and run for 10 weeks.While virtual courses cannot fully replace in-person training, the continuing restrictions due to the COVID-19 pandemic prompted UN Climate Change and GIR to offer the 2021 training programme as an online course. This decision was made to continue offering the programme every year without interruption.The successful training programme is the first of its kind under the UNFCCC-CASTT initiative on climate action support and transparency training, and is now in its fifth year of operation.Overall, the comprehensive programme looks to facilitate effective and universal participation of countries in the measurement, reporting and verification arrangements under the UNFCCC and the enhanced transparency framework under the Paris Agreement. Its goal is to strengthen the technical capacity of individuals and to improve the overall competency in greenhouse gas reporting and in contributing to climate action.Background to the trainingSince 2017, 112 trainees from 70 developing countries have successfully completed the training programme. This programme is an intensive training course designed to build the knowledge base of the trainees in a manner that enables them to make substantive contribution to the preparation of their national GHG inventories upon the completion of the programme. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:agreement, climate, climate change, covid-19, emission, gas, Government, greenhouse gas emissions, interruption, online, operation, pandemic, Paris, research, UN, UNFCCClast_img read more

CU-Boulder students to demonstrate engineering projects at Dec. 7 Design Expo

first_img Published: Dec. 3, 2013 Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Categories:AcademicsScience & TechnologyGetting InvolvedCampus CommunityNews Headlinescenter_img More than 350 engineering students at the University of Colorado Boulder will demonstrate their innovations and inventions to the community at the annual fall Engineering Design Expo on Saturday, Dec. 7.The student-developed projects, ranging from a passive solar heating system for a Native American community to devices designed to assist individuals with disabilities, will be presented to the public from 10:30 a.m. to 12:30 p.m. at the Integrated Teaching and Learning Laboratory, located at Regent Drive and Colorado Avenue in Boulder. The event is free and a great interactive and educational event for children.A total of 77 team projects will be demonstrated, including those created by students in the First-Year Engineering Projects course.CU-Boulder students have been working in teams throughout the fall semester to develop engineering solutions to an array of challenges. One class designed a handicapped accessible playhouse for a local client, with each team of students in the course working on a different aspect or subsystem of the project. Other students have created clean-energy projects, computer input devices and prosthetic hands, to name just a few.Volunteers from industry, government and the community will serve as judges, rating each project on its originality and craftsmanship, as well as the students’ understanding of engineering principles, presentation and effectiveness. An awards ceremony will be held at 12:30 p.m. Members of the community can vote for their favorite project to win the People’s Choice award. Free parking is available across the street from the ITL Laboratory in lot 436. For more information call 303-492-7222.News Media Contacts: Derek Reamon, [email protected] Courtney Staufer, [email protected]last_img read more

MP Says SLB Funds Should Be Directed To Critical Areas of Study

first_imgRelatedFinance Minister Reassures RelatedNew Measures for TRN Application Advertisements FacebookTwitterWhatsAppEmail Member of Parliament for North West St. Ann, Dr. Dayton Campbell, is recommending that adjustments be made to the Student Loan Bureau (SLB) to focus on areas of study that are critical to nation development.“I believe the SLB should first concern itself with making loans available to persons pursuing tertiary studies in areas…such as Mathematics, Pharmacy, Engineering, the Sciences,” he stated.Dr. Campbell was opening the debate on a private members motion on funding for tertiary education, on June 11 in the House of Representatives.He stated that new programmes should be assessed for relevance, in terms of whether they “respond to labour market needs, foster innovation or serve community aspirations, before approval”.Dr. Campbell said that while he is not suggesting that persons pursuing degrees that are “oversubscribed” or those with “a low employment potential” should be denied tertiary education, the SLB’s limited resources should be directed to those areas which are of strategic importance to the country, and at lower interest rates.These rates, he noted further, “should be inversely proportionate to the need of the area for national development thus the higher the need the lower the interest rate”.According to Dr. Campbell, the country is in need of Mathematics and Science teachers and in order to increase enrolment in these areas, students should get incentives to pursue these subjects at the tertiary level.“I want to take it a step further and propose that no income tax be collected for the first three years of employment for Mathematics and Science teachers, who needed state financing to complete their studies. This portion would instead go straight to the Bureau as a part of their repayment,” Dr. Campbell said.He also proposed the establishment of an income-contingency repayment plan, which would base the monthly loan repayments on the salaries of borrowers. He noted that such a loansystem addresses risk and uncertainty faced by individuals by providing insurance against inability to repay and improves progressiveness by providing a lower public subsidy for graduates that obtain higher private returns.Demand for student loans has increased over the last six years, moving from 6,600 persons in 2007 to 16,600 in 2012, and is projected to swell to over 20,000 persons for the upcoming academic year.The growth in demand, coupled with the annual increase in tuition costs, has significantly increased the pressure on the limited resources of the SLB to provide loans, which is estimated to reach $20 billion in the 2015/16 financial year.For the 2013/14 academic year, approximately $4.9 billion is required to fully cover the projected demand, which will be financed by the Education Tax and loan inflows from the Caribbean Development Bank (CDB).On March 19, the House of Representatives approved a Government guarantee of a US$20 million loan from the Caribbean Development Bank (CDB) to the SLB. MP Says SLB Funds Should Be Directed To Critical Areas of Study Finance & Public ServiceJune 13, 2013Written by: Latonya Linton By Latonya Linton, JIS Reporter RelatedUDC Moves to Restore Financial Viabilitylast_img read more

Study: Drought-breaking rains more rare, erratic in US West

first_imgHomeNewsStudy: Drought-breaking rains more rare, erratic in US West Apr. 07, 2021 at 6:00 amNewsStudy: Drought-breaking rains more rare, erratic in US WestGuest Author2 months agoNews MATTHEW BROWN, Associated PressRainstorms grew more erratic and droughts much longer across most of the U.S. West over the past half-century as climate change warmed the planet, according to a sweeping government study released Tuesday that concludes the situation is worsening.The most dramatic changes were recorded in the desert Southwest, where the average dry period between rainstorms grew from about 30 days in the 1970s to 45 days between storms now, said Joel Biederman, a research hydrologist with the U.S. Department of Agriculture Southwest Watershed Research Center in Tucson, Arizona.The consequences of the intense dry periods that pummeled areas of the West in recent years were severe — more intense and dangerous wildfires, parched croplands and not enough vegetation to support livestock and wildlife. And the problem appears to be accelerating, with rainstorms becoming increasingly unpredictable, and more areas showing longer intervals between storms since the turn of the century compared to prior decades, the study concludes.The study comes with almost two-thirds of the contiguous U.S. beset by abnormally dry conditions. Warm temperatures forecast for the next several months could make it the worst spring drought in almost a decade, affecting roughly 74 million people across the U.S., the National Oceanic and Atmospheric Administration said.Water use cutbacks, damaged wheat crops, more fires and lower reservoirs in California and the Southwest are possible, weather service and agriculture officials have warned. Climate scientists are calling what’s happening in the West a continuation of a “megadrought” that started in 1999.While previous research documented a decline in total rainfall for much of the West, the work by Biederman and colleagues put more focus on when that rain occurs. That has significant implications for how much water is available for agriculture and plants such as grasses that have shallow roots and need a steadier supply of moisture than large trees.“Once the growing season starts, the total amount of rainfall is important. But if it comes in just a few large storms, with really long dry periods in between, that can have really detrimental consequences,” study co-author Biederman said in an interview.The total amount of rain in a year doesn’t matter to plants — especially if rains come mostly in heavy bursts with large run-off — but consistent moisture is what keeps them alive, said UCLA meteorologist Daniel Swain, who writes a weather blog about the West and was not part of the study.The new findings were published in the journal Geophysical Research Letters. Researchers led by University of Arizona climate scientist Fangyue Zhang compiled daily readings going back to 1976 from 337 weather stations across the western U.S. and analyzed rainfall and drought data to identify the changing patterns.Other parts of the region that saw longer and more variable droughts included the southwest Rocky Mountains, the Colorado Plateau and the Central Plains.The rainfall study is in line with data that shows climate change already is affecting the planet.“Climate models project that the American Southwest is very likely to experience more frequent and more severe droughts,” said William Anderegg, a University of Utah biologist and climate scientist. “This study and other recent work demonstrates that this dry down has already begun.”The weather station data that was used in the study represents “the gold standard’ for an accurate understanding of changes being driven by climate change, said Christopher Field, an earth systems scientist and director of the Stanford Woods Institute for the Environment.States in the northwestern U.S. were largely spared from the accelerating cycles of drought. The researchers observed total annual rainfall amounts and shorter intervals between drought in Washington, Oregon, Idaho and portions of Montana, Wyoming and the Dakotas.That’s consistent with predicted changes in weather patterns driven by climate change in which the jet stream that brings moisture from the Pacific Ocean shifts northward, they said.Associated Press writer Seth Borenstein contributed from Kensington, Maryland.Tags :Newsshare on Facebookshare on Twitteradd a commentBriefsSMPD arrest man with knife on Pico Blvd.You Might Also LikeFeaturedNewsBobadilla rejects Santa Monica City Manager positionMatthew Hall5 hours agoNewsBruised but unbowed, meme stock investors are back for moreAssociated Press16 hours agoNewsWedding boom is on in the US as vendors scramble to keep upAssociated Press16 hours agoNewsCouncil picks new City ManagerBrennon Dixson16 hours agoFeaturedNewsProtesting parents and Snapchat remain in disagreement over child protection policiesClara Harter16 hours agoFeaturedNewsDowntown grocery to become mixed use developmenteditor16 hours agolast_img read more

Single-family saves the day. Q3 resi sales up in South Florida

first_imgFull Name* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Message* Share via Shortlink Email Address* Residential sales surged in South Florida in the third quarter (Credit: iStock)As out of towners continued flocking to South Florida, residential sales surged in the third quarter, according to Douglas Elliman’s reports.Single-family home sales did especially well, rising in the double digits, year-over-year, across the tri-county region.“In most of the markets we’re covering … sales have generally risen from 50 [percent] to 100 percent as a release of the pent-up demand,” said Jonathan Miller of Miller Samuel Inc., who authored the reports.Miller said the pandemic accelerated the trend of buyers from the Northeast moving to markets such as South Florida, especially as a result of the 2017 federal tax overhaul, known as the SALT tax.“For those on the fence, [Covid] was one more reason to make the move,” he said.ADVERTISEMENTHere’s a look at some of the submarkets included in the reports:Miami mainlandOn the coastal Miami mainland, which includes Aventura, Brickell, Coconut Grove, Palmetto Bay, Pinecrest and South Miami, residential sales rose 6 percent, year-over-year, to 4,286 closings. The median sale price rose 13.5 percent to $374,450. Year to date, closings are still down 11 percent, totaling 10,301.Single-family outperformed condo sales, rising nearly 11 percent in the third quarter, for a total of 2,298 closings. The median sale price was $465,000, up 16.5 percent. The inventory of homes dwindled, tumbling by more than 38 percent to 2,163 listings and only 2.8 months of supply.Condo sales increased slightly, rising 0.9 percent, year-over-year, to 1,988 closings. The median sale price rose 8.4 percent to $272,000. The only submarket where condo sales fell was downtown Miami, which had 11.2 months of supply.Miami Beach and the barrier islandsIn Miami Beach and the barrier islands, including Bal Harbour, Bay Harbor Islands, Fisher Island, Golden Beach, Indian Creek, Key Biscayne, North Bay Village, Sunny Isles Beach and Surfside, residential sales grew by 9.9 percent to 934 closings in the third quarter.The median price for a residential property was $516,500, up 26 percent compared to the same period last year. Year to date, sales were down nearly 15 percent to 2,204, after an abysmal second quarter.Again, single-family home sales surged in the third quarter, rising 71 percent to 171 closings. The median sales price was $1.78 million, up more than 27 percent. Inventory totaled nearly 11 months, an annual 49 percent decrease.Condo sales budged upward, increasing by 1.7 percent to 763 closings. The median price grew by 7.4 percent to $375,000, with 22.6 months of supply.Fort LauderdaleCondo sales rose nearly 12 percent in Fort Lauderdale, to 547 closings. Single-family home sales increased 18.2 percent, to nearly 600 closings. Fort Lauderdale had 3.8 months of supply of houses, down nearly 30 percent, year-over-year.The median sale price for condos was $335,000, up 6.3 percent. The median price of houses was $500,000, a 37 percent increase compared to the third quarter of last year.Palm BeachSupply plummeted in Palm Beach, where only 4.7 months of single-family housing supply remains (a 79 percent drop), and 10 months of condo supply (an 18 percent decline).Sales of single-family homes grew by 200 percent in the third quarter, year-over-year, to 54 closings. Condo sales increased 33 percent to 81 closings. The median sale price for houses was $5.9 million, a 0.3 percent decline, and the median price of condos was $875,000, up 64 percent.West Palm BeachIn West Palm Beach, condo sales increased more than 7 percent to 710 closings, and 613 single-family home sales closed, marking a nearly 23 percent jump.The median sale price of condos rose 12.5 percent to $157,500; and the median sale price of single-family homes grew by 16 percent, to $348,000.Contact Katherine Kallergis TagsDouglas EllimanHome Priceshome saleslast_img read more