Friday's Afternoon Update
What you need to know about Florida today
Sea rise may force some to move. New study warns the poor could get hit harder
If the past is any indication, worsening threats from climate change, like rising seas in South Florida, could take a larger toll on the poor as people are forced to abandon their homes. In a study published Wednesday in the journal Science Advances, a team of researchers looked at nearly 30 years worth of data from the Federal Emergency Management Agency and found that of the 43,000 properties voluntarily sold around the U.S., most were in neighborhoods with lower incomes, less education and poorer housing. More from WUSF.
Thousands of homeowners must find new insurer by Nov. 1
Thousands of South Florida homeowners are scrambling to find new insurance coverage after state insurance regulators dissolved Florida Specialty Insurance Co. for allowing its surplus to fall below the state’s minimum threshold, among other issues. Florida Specialty was one of small number of companies operating in Florida that catered to mobile home owners. More from the South Florida SunSentinel.
Miami firm pays $13 million for a prime area in St. Pete’s Edge District
An historic building and a parking lot in the heart of St. Petersburg’s thriving Edge District have been bought for $13 million by a South Florida firm that plans to redevelop the site. No details have been announced, but the property on Central Avenue between 11th and 13th Streets could be eligible for tax breaks as an "opportunity zone'' — an investment vehicle created under the 2017 federal tax act to provide incentives for investing in low-income areas. Qualifying projects can include hotels and other developments that create jobs. More from the Tampa Bay Times.
Florida team checking on Bahamas coral expects to see destruction
Scientist Craig Dahlgren has reared staghorn coral in the ice-blue waters of the Northern Bahamas for a decade, hanging pinky-size fragments on submerged trees of PVC piping and watching them grow. After about a year, the golden-colored building blocks of Caribbean reefs can be planted to help rehabilitate areas stressed by warming oceans and disease. It was going well, until Dorian. More from the Herald-Tribune.
Elizabeth Warren and Andrew Gillum are reportedly ‘talking’
A source close to Gillum’s political team, who narrowly lost his run for governor of Florida to Republican Ron DeSantis in November, “would not confirm specific talks,” and noted that Gillum is “in communications with many of the candidates” given Florida’s status as a crucial swing state in 2020. Some sources held Warren was simply in touch with a Florida man with unique Florida political insights. But a source briefed on the communications told the Daily Beast they had a “strong impression” she was courting him as a potential candidate. “If you’re trying to win Florida, I would be courting Andrew,” said another source familiar with the talks. “And that’s what’s happening.” More from Vanity Fair.
2019’s Best Foodie Cities in America
With Oct. 16 being World Food Day and restaurant prices rising 3.2% between July 2018 and July 2019, the personal-finance website WalletHub released its report on 2019’s Best Foodie Cities in America.
» More from WalletHub.
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