What you need to know about Florida today
Buying a foreclosed home is no longer the big bargain it used to be. In South Florida, the discount for foreclosures narrowed to 2.9 percent below a comparable non-distressed home in September from 6.8 percent a year earlier, according to Zillow. Read more from the Miami Herald and the Palm Beach Post.
Fried chicken, waffles and black-eyed peas from Blue Gill Quality Foods in Gainesville. Go to story.
Most successful chefs and restaurateurs today are inveterate tinkerers. While fashion, finances and infighting force many changes, some come from sheer curiosity and a hunger for the new. Most show little interest in cloning another location of a successful restaurant; they’d rather create a new operation with new flavors and new style. Full story...
Feeding South Florida needed a fresh way to raise awareness about hunger. Enter the graffiti artists. With a wall in the hip Wynwood neighborhood now devoted to the cause, the Pembroke Park-based organization has become a prime example of the lengths nonprofits are going to as need grows, traditional support shrinks and competition for dollars heats up. [Source: Miami Herald]
The Walt Disney Co. reported a 3 percent rise in revenue and a 14 percent increase in profit for its fiscal fourth quarter Thursday, finishing out a strong fiscal year that Chairman and Chief Executive Officer Robert Iger said generated record revenue, net income and earnings per share. [Source: Orlando Sentinel]
Giant real estate investment firm Blackstone Group has launched an ambitious campaign to buy distressed properties in Southwest Florida, so far doing it all with cash. Last month, the New York firm paid $4.4 million for 37 homes in Sarasota and Manatee counties, property records show, part of an $80 million buying spree in 11 Florida counties. [Source: Sarasota Herald-Tribune]
ALSO AROUND FLORIDA:
› Auto show goes ‘topless’ in Miami Beach
Now on display at the Miami Beach Convention Center: “Topless in Miami.” No, it’s not the adult film convention. It’s the restyled Miami International Auto Show.
› Kennedy Space Center could house secret Air Force X-37B program
Space Florida's board has approved spending up to $5 million to repurpose Kennedy Space Center facilities for potential use by a classified military program.
» Related: Cape Canaveral projects could launch jobs
› UF helping cultivate a better-tasting tomato
Tasty tomatoes can be hard to come by, but scientists are starting to unravel clues about how to put the flavor back into one of the nation's most beloved vegetables.
› Investors flock to Miami Beach
Real estate investors seem to be flocking to Miami Beach in hopes of capturing part of the market's resurgent tourism industry by acquiring, or by expanding their investments in, the limited supply of hotel properties.
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