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Front Page » Breaking News (Page 49)

County takes $10 operating loss on every paid transit rider

County takes $10 operating loss on every paid transit rider

Costs to operate Miami-Dade’s transit system rose to $11.06 per passenger trip last year from $8.33 in 2020, up nearly 33%, according to a county report made public last week.…

Savings interest rates still low, increases expected

Savings interest rates still low, increases expected

As the overall interest rates are rising, financial experts are expecting interest rates on saving accounts to slowly increase, earning account-holders more interest. After the Federal Reserve raised interest rates…

Office rents hit record highs despite double-digit vacancies

Office rents hit record highs despite double-digit vacancies

Despite double-digit office vacancy rates in key markets, demand in Miami-Dade is flourishing, led by out-of-state firms moving into top-end office buildings, major commercial real estate firms report. The rates…

As mortgage rates rise, buyers may have to scale back aims

As mortgage rates rise, buyers may have to scale back aims

As 15-year and 30-year home mortgage rates have consistently risen along with soaring inflation, homebuyers may have to budget their search to account for the interest increase. According to US…

Commercial lending rates seen spiking, demand falling

Commercial lending rates seen spiking, demand falling

With commercial interest rates and inflation spiking, Miami-Dade County is currently going through an economic stagnation as business investors pause from buying real estate, one veteran commercial lender says. When…

Dominican Republic trade mission brings long shopping list

Dominican Republic trade mission brings long shopping list

A 17-company trade mission from the Dominican Republic is due in Miami next week carrying a laundry list of diverse products to buy here, another list of products to sell,…

Mohawk at Wynwood project wins recommendation

Mohawk at Wynwood project wins recommendation

Near the convergence of Wynwood, Midtown and Edgewater in the City of Miami a developer plans a large mixed-use residential project to be called Mohawk at Wynwood. The city’s Urban…

Traveling nurses still vital as 70% of hospitals seek staff

Traveling nurses still vital as 70% of hospitals seek staff

The outflow of staff nurses from Florida hospitals has declined since the height of the Covid-19 pandemic but use of traveling nurses remains above average as hospitals continue to rely…

DeSantis affirms $25 million for Freedom Tower

DeSantis affirms $25 million for Freedom Tower

Gov. Ron DeSantis visited Miami Dade College’s Freedom Tower on Monday and announced that he would approved the $25 million put into the state budget to renovate 96-year-old bayfront landmark.…

Miami Wilds water park flows nearer to construction

Miami Wilds water park flows nearer to construction

The Miami Wilds waterpark project is one step closer to beginning construction and becoming a state-of-the-art attraction for families in South Florida and the country. In early February, the National…

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