Thursday, July 26, 2007

WHERE NOT TO BE WHEN LIGHTENING STRIKES

According to the Palm Beach Post, the advice is to stay inside when lightening strikes. A National Weather Service meteorologist said that during the summer it’s almost a daily occurrence. Thunder is the first warning, and lightening can repeatedly strike in the same place. If you are out on the golf course, the advice is to use “the lightening crouch,” by putting your feet together, squatting low, tucking in your head and covering your ears, if possible in a low spot like a ditch, and not near trees. Tall objects can result in a deadly charge traveling more than 100’ along the ground. If you are in a car, be sure not to touch metal. Metal roofs and sides will protect you; fiberglass or plastic shells offer no protection from lightening. If it’s possible to get to a building with four walls and a roof, you will be safe, but not in open garages or carports. Inside, don’t pick up corded phones, electrical appliances or wires. You can safely give aid to a lightening victim.

Monday, July 23, 2007

STATE OF ISRAEL BOND INVESTMENT ENDORSED BY COUNTY COMMISSIONER BURT AARONSON.

Commissioner Aaronson leads the Commission’s investment policy committee, and wants to incrase the county’s investment income by having Palm Beach County join the State of Florida in State of Israel bond investments. He mentioned that the bonds have an A ra ting and that Israel has not defaulted on a bond in its 50-year history as a nation. The count’s Israel investment represents less than 1% of it’s approximately $2.3-BB portfolio. Boca Raton’s Senator Ted Deutch sponsored legislation that recently was signed by Governor Charlie Crist, “Protecting Florida’s Investments Act,” making Florida the first state to divest its pension fund and other public investments from firms that refuse to stop doing business with, or otherwise support Iran and Sudan.

Monday, July 16, 2007

FAR “PUTS MONEY WHERE ITS MOUTH IS” RE PROPERTY TAX REFORM BALLOT

The Florida Association of Realtors, the largest trade group in the state, with 150,000 members, has pledged up to $1-MM to support passage of the Save Our Homes Amendment to allow homeowners to continue the 1992 Amendment for a 3% tax cap or to choose a new “super-homestead” exemption, taking up to $195,000 off their home’s taxable value. Passage of this amendment will provide meaningful tax relief for thousands of families including 1st time homebuyers, and will equalize neighbor’s property taxes, says the FAR President Nancy Riley. She stated that then nurses, police officers, teachers and emergency first responders can afford to live in the communities they serve.

Sunday, July 15, 2007

SIGNALS COMING TO VALENCIA LAKES AND AVALON ESTATES


VALENCIA LAKES and AVALON ESTATES Homeowners Association each have a $16,000 reimbursement agreement to pay for costs incurred removing brick pavers and re-asphalting so that the county can install signal detection loops in the egress lanes for a signal installation.

Thursday, July 12, 2007

BOCA MUSEUM PLANS EXHIBIT OF DEGAS SCULPTURES

While a Jacksonville art gallery owner claims the 74 sculptures are “fakes,” made after Degas’ death in 1917, the Museum’s Board of Trustees discounts the art gallery owner’s opinion, noting the goal might be “to get his name in the newspaper.” Museums currently displaying all or portions of the Degas bronzes include the Metropolitan Museum of Art in New York, the Getty Museum in Los Angeles and the Chicago Institute of Art in Chicago. The National Endowment for the Humanities has underwritten some of the insurance expenses for the upcoming show. The museum’s website says that the exhibit, DEGAS IN BRONZE, “offers an extremely rate opportunity to view 74 sculptures, posthumously cast in bronze from Degas’ original composite and wax models.”

Monday, July 09, 2007

IN MY HUMBLE OPINION…

With reports just in that New York City and Salt Lake City are avoiding “the [real estate] bust,” can Palm Beach County be far behind? Some investors tell me they are “sitting on the sidelines” waiting for prices to keep dropping… other investors want to “sell and get out now,” but in many cases sellers are “standing pat.” Expired listings number near or over 500 properties each day. Some sellers cancel listings after getting low low bids. Remember that June and July are usually “slow months” with so many residents and part-timers out of town. August has been an outstanding month for sales in past years as folks come down to purchase residences for this coming winter… perhaps that will happen in 2007 as well. As a Realtor, I can tell you that every day in this career is exciting… new faces… new properties… no two ever alike. Like the stock market, real estate is cyclical… and what goes down will go up… just a matter of time. Stay cool. Hang in there.

Marilyn Farber Jacobs, Realtor, ePRO

Sunday, July 08, 2007

GREEN IS THE BUZZWORD TODAY

An Environmentally Certified “Green” $25-MM mansion is being built in Manalapan.

Frank McKinney has been building one-of-a-kind mansions in the area for the last 20 years, and is now creating an oceanfront estate that is approved by the standards of the US Green Building Council and the Florida Green Building Council. The entire project will be the subject of a documentary series. Groundbreaking is being filmed as part of this program. A scale model has been made.

The 15,000 sq ft 3-story mansion will be rooted in nature, and will feature

  • thatched roofs
  • water gardens
  • floating sun terraces
  • a waterfall spa with fire feature
  • interior acrylic main floor with moving water below
  • a 24’ sheer water wall with fog/smoke screen on which moving images are projected
  • suspended double-helix main glass staircase
  • hand-blown chandelier that mixes electricity with water
  • arched aquarium wet bar to be able to walk below and view the fish above
  • guesthouse made of palm and bamboo that is partially submerged in a lagoon.

“Green” features will include

  • solar panels that could cover a regulation-size basketball court to generate enough energy for two average-size homes
  • water system that collects enough “gray” runoff water to fill the average swimming pool every 2 weeks
  • reclaimied wood amounting to saving 7 ½ acres of Brazilian rain forest
  • renewable woods that regenerate every 3 years vs. every 50 years for other hardwoods
  • pools, reflecting ponds, water gardens, misters and more to drop the site temperature 3-5 degrees over neighboring properties
  • recycling 340,000 lbs of debris during construction
  • air-conditioning and air purification systems four times better than an operating room in the Mayo Clinic.

MacKinney has written two best-selling books, and raises millions of dollars for his Caring House Project Foundation to build housing for the poor in the United States, Haiti, South America, and the Caribbean.

Governor Charlie Crist plans to reenergize the state with a mixture of solar, wind and nuclear fuel. He is expected to emphasize using renewable fuels and include mandates for reducing greenhouse gas emissions. Friday afternoon, after two days of workshops and speeches at the Florida Climate Change Summit, Crist will sign executive orders and put his plan into law. Crist has signed California Gov. Arnold Schwarzenegger, Robert F. Kennedy Jr. and Theodore Roosevelt IV to the bill along with various Hollywood personalities and scientists, renewable-energy advocates and environmentalists who will talk about how Florida can become more energy-efficient and use alternative fuels.

California Governor Schwarzenegger has committing his state to reducing its carbon emissions by 25% by 2020, calling for 1 million solar roofs by 2018, tightening car-emission standards and creating a multi-state global warming group and it is speculated that this will happen also in Florida.

Florida Power & Light Co., the state's largest utility, maintains that using renewable fuels and more stringent energy-conservation steps won't be able to support all of Florida's future growth.

According to an FPL spokesman, "What you have heard from the environmental movement is that we can get there through renewables or we can get there through offsetting the energy that we are demanding today. And what we're saying is that (it) will not get you there. You will still need to build power plants." Crist has praised FPL for exploring a wind power project in St. Lucie County and is ecstatic about utility regulators denying the utility's plan to build a "clean coal" power plant in Glades County.

GREEN IS THE BUZZWORD TODAY

An Environmentally Certified “Green” $25-MM mansion is being built in Manalapan.

Frank McKinney has been building one-of-a-kind mansions in the area for the last 20 years, and is now creating an oceanfront estate that is approved by the standards of the US Green Building Council and the Florida Green Building Council. The entire project will be the subject of a documentary series. Groundbreaking is being filmed as part of this program. A scale model has been made.

The 15,000 sq ft 3-story mansion will be rooted in nature, and will feature

  • thatched roofs
  • water gardens
  • floating sun terraces
  • a waterfall spa with fire feature
  • interior acrylic main floor with moving water below
  • a 24’ sheer water wall with fog/smoke screen on which moving images are projected
  • suspended double-helix main glass staircase
  • hand-blown chandelier that mixes electricity with water
  • arched aquarium wet bar to be able to walk below and view the fish above
  • guesthouse made of palm and bamboo that is partially submerged in a lagoon.

“Green” features will include

  • solar panels that could cover a regulation-size basketball court to generate enough energy for two average-size homes
  • water system that collects enough “gray” runoff water to fill the average swimming pool every 2 weeks
  • reclaimied wood amounting to saving 7 ½ acres of Brazilian rain forest
  • renewable woods that regenerate every 3 years vs. every 50 years for other hardwoods
  • pools, reflecting ponds, water gardens, misters and more to drop the site temperature 3-5 degrees over neighboring properties
  • recycling 340,000 lbs of debris during construction
  • air-conditioning and air purification systems four times better than an operating room in the Mayo Clinic.

MacKinney has written two best-selling books, and raises millions of dollars for his Caring House Project Foundation to build housing for the poor in the United States, Haiti, South America, and the Caribbean.

Governor Charlie Crist plans to reenergize the state with a mixture of solar, wind and nuclear fuel. He is expected to emphasize using renewable fuels and include mandates for reducing greenhouse gas emissions. Friday afternoon, after two days of workshops and speeches at the Florida Climate Change Summit, Crist will sign executive orders and put his plan into law. Crist has signed California Gov. Arnold Schwarzenegger, Robert F. Kennedy Jr. and Theodore Roosevelt IV to the bill along with various Hollywood personalities and scientists, renewable-energy advocates and environmentalists who will talk about how Florida can become more energy-efficient and use alternative fuels.

California Governor Schwarzenegger has committing his state to reducing its carbon emissions by 25% by 2020, calling for 1 million solar roofs by 2018, tightening car-emission standards and creating a multi-state global warming group and it is speculated that this will happen also in Florida.

Florida Power & Light Co., the state's largest utility, maintains that using renewable fuels and more stringent energy-conservation steps won't be able to support all of Florida's future growth.

According to an FPL spokesman, "What you have heard from the environmental movement is that we can get there through renewables or we can get there through offsetting the energy that we are demanding today. And what we're saying is that (it) will not get you there. You will still need to build power plants." Crist has praised FPL for exploring a wind power project in St. Lucie County and is ecstatic about utility regulators denying the utility's plan to build a "clean coal" power plant in Glades County.

BRINY BREEZES UPDATE

Watching the procedures in the development of a potentially face-changing well-located property, and how the problems are solved, will set the tone for future such developments, which, probably, are bound to come in due time.

Ocean Land Developments, Inc. of Boca Raton has offered $510-million to purchase a 43-acre trailer park called Briny Breezes, located about 12 miles north of Boca Raton on A1A along the ocean on one side and the intracoastal waterway on the other, and redevelop it over 10-15 years into residential and commercial property. In the 1920’s the community began. In 1958 residents bought the community and it was incorporated as a municipality in 1963. Each property owner had shares in the community based on size and location of each lot. The community’s Board of Directors in 2006 required that 2/3rds of the total shares (15,703) had to okay the deal going forward. 79.95% voted to go forward with this deal.

The Florida Department of Community Affairs (DCA) has come up with a 14-page analysis of Ocean Land’s proposal, stating that risks to the environment and strains on the local infrastructure such as traffic congestion at the Woolbright/A1A during peak times, must be faced, and either right-of-way must be secured for adequate turn lanes, or perhaps the developer must purchase property on the corners.

The reported problems include:

  • Absence of public participation procedures and concurrency management system (ignoring surrounding community input)
  • inadequate
    • density and intensity standards
    • provisions for affordable housing
    • provisions to protect manatees
    • mechanisms to ensure intergovernmental coordination as the current governmental body is very informal and composed of people who stand to reap the benefits from selling which may be a conflict of interest
  • lack of data and analysis
    • for impact on public facilities and roads
    • related to hurricane evacuation and planning
  • lack of level of service standards for public facilities
  • lack of financially feasible 5-year schedule of capital improvements
  • objection to plan’s proposal to develop land use regulations later on rather than include them in plan submission
  • incompatability with surrounding community
  • too many units

The developers say the report was “as expected… and we’re going to be able to address the recommendations.” They also complained that they have asked the governmental “powers that be” to meet with them, but so far they have not come forth to do so.

Suggested ideas include traffic lights, pedestrian crosses and signals, and the question then comes up as to who pays for what, the developer or the county. Briny Breezes residents have had to deal with public acrimony over the possibility of this plan going forward. Another problem for the development to face is that currently inadequate water consumption supplies exist, where to get the needed water supply from, and how to improve that issue. The 60 water utilities of Palm Beach and Broward Counties already estimate that by 2025 300-million more gallons a day, twice as much water as what’s used now, will be needed daily for the expected million additional residents. Finding a way to economically use seawater for drinking and personal use might be one way to solve this problem although there are many issues beyond the cost of its preparation to be considered.

Friday, July 06, 2007

IF YOU "FLIP" HOMES, THIS MAY BE OF INTEREST

A nationwide search is being done for the new cast of characters who will be featured on the upcoming season of Flip This House! The producers are searching for confident, charismatic, motivated and opinionated people who "flip" residential properties for a living. They want real-estate adrenaline junkies who love the high risk, high reward nature of their jobs and who are devoted to doing a great job! If you would like your team featured on the upcoming season send me an email and I’ll have them contact you.

marilynfjacobs@gmail.com