Mortgage cap would co$t NYC








The Big Apple — with its famously expensive real estate — would be hurt by a proposal in Washington to lower the cap on mortgage- interest deductions, according to a new report.

Federal lawmakers are considering capping the amount of a mortgage eligible for interest deductions at $500,000. The figure is presently $1 million.

The change would hit New York City especially hard, since home prices are so high here, a chief economic adviser to city Comptroller John Liu told Crain’s New York Business.

In other cities around the country, middle-class homeowners would still be protected — because they could easily buy a desirable residence for under a half-million.



In many parts of the Big Apple, $500,000 buys, at best, a modest apartment.










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The business behind the artist: Miami’s art gallery scene still evolving




















This week, thousands of art collectors, museum trustees, artists, journalists and hipsters from around the globe will arrive for the phenomenon known as Art Basel Miami Beach. The centerpiece of the week: works shown at the convention center by more than 260 of the world’s top galleries.

Only two of those are from Miami.

While Art Basel has helped transform the city’s reputation from beach-and-party scene to arts destination in the years since its 2002 Miami Beach debut, the region’s gallery identity is still coming into its own.





“Certainly Miami as an art town registers mightily because of the foundations, the collectors who have done an extraordinary job,” said Linda Blumberg, executive director of the Art Dealers Association of America. “I think there’s a definite international awareness there. But the gallery scene probably has a bit of a ways to go. That doesn’t mean it’s not really fascinating and interesting.”

The gallery business, especially where newer artists are concerned, is a game of risk, faith and passion. Once a gallery takes on an artist who shows promise, they become an evangelist on their behalf, showing their work in-house and at fairs, presenting it to museums and curators and potential collectors and bearing the cost of that promotion.

For contemporary artists, most galleries take work on consignment, meaning they get a cut of as much as 50 percent when works sell. While local art galleries have been growing in number and popularity in the last several years — just try to find parking during the monthly art walk in Miami’s hot Wynwood neighborhood — even some of the area’s top art dealers say that while business overall is good, they struggle in the local marketplace.

“Our problem is that we have to do lots of art fairs in order to connect with the market that we need to connect with to sell the work that we have,” said Fredric Snitzer, a Miami-Dade gallery owner for 35 years. “The better the work is, the harder it is to sell in Miami. And that ain’t good.”

A handful of serious collectors call Miami home and store their own collections in Miami, including the Braman, Rubell, Margulies and de la Cruz families. But outside a relatively small local group, many gallerists say, their clients come from other parts of the country and world.

And some gallerists point out the troubling reality that even the powerhouse Galerie Emmanuel Perrotin could not stay open in Miami for more than a few years.

“The fact that big galleries have not been able to sustain their business models in South Florida tells you we’re obviously not at this high established point,” said gallery owner David Castillo. “It’s not like we’ve arrived, let’s sit back and watch Hauser & Wirth open down the street.”

Still, Miami’s gallery business has come a long way since the early 1970s, when a few dealers on Bay Harbor Island’s Kane Concourse were selling high-end pieces but the local scene was hardly embraced.

Virginia Miller, who owns ArtSpace/Virginia Miller Galleries in Coral Gables, first opened in 1974 to showcase Florida artists, though her focus soon added an international scope. She and other longtime observers credit several factors for Miami’s transformation, including the community’s diversity, the establishment of important museums, the Art Miami fair that started 23 years ago, the presence of major collections and, of course, Art Basel Miami Beach.





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Wrong turn, then shock and horror at MIA




















What began as a day of prayer and fellowship turned into a surreal scene of stunned, bloodied passengers and twisted metal.

There was the sickening sound of crunching metal early Saturday as a busload of Jehovah’s Witnesses was low-bridged by a concrete overpass at Miami International Airport, peeling back the top of the vehicle “like a can of sardines.”

Airport workers running to the scene found shocked passengers thrown into the aisle or trapped in their seats by the wreckage.





Riders in the front rows were crushed — two of them killed, others seriously injured.

The driver of the bus, 47-year-old Ramon Ferreiro, took a wrong turn off LeJeune Road, entering the airport by mistake, then rolled past multiple yellow signs warning tall vehicles. He drove on, approaching an overpass whose sign said “8ft-6in”. The driver either didn’t see it, couldn’t read it, or realized it too late.

The bus stood 11 feet tall.

“The last thing he should have done is to keep going,” said Greg Chin, airport spokesman. “That goes against all logic.”

Ferreiro, whose driver’s seat was lower than those of the passengers, was not injured.

One passenger, 86-year-old Miami resident Serfin Castillo, was killed on impact, and all 31 others were taken by ambulance to local hospitals. Thirteen ended up at Jackson Memorial’s Ryder Trauma Center, where one of them, 56-year-old Francisco Urana of Miami, died shortly after arriving.

Three remained in critical condition Saturday night, and three had been released.

Luis Jimenez, 72, got a few stitches on his lip and hurt his hand. He said the group left the Sweetwater Kingdom Hall about 7 a.m., bound for West Palm Beach.

“I was sitting in the back when it happened,” Jimenez said. “We were on our way to an assembly and lost a brother today. I’m very sad.”

Delvis Lazo, 15, a neighbor and member of the same congregation, described Castillo as a “nice, old man.” He often saw Castillo at religious gatherings, and their families have known each other for more than 15 years.

The last time Lazo saw him was about two months ago, as he prepped for a talk before his congregation.

“He gave me a thumbs up, told me that everything was going to be all right,” he said.

The bus, one of three traveling to the Spanish-language general assembly on Saturday, had been contracted by the congregation, which has fewer than 150 members.

According to public records, the bus belongs to Miami Bus Service Corporation, a Miami company owned by Mayling and Alberto Hernandez that offers regularly scheduled service between South Florida and Gainesville, often used by University of Florida students. At the home address listed for the company and the owners, Mayling Hernandez told The Miami Herald that passenger safety is her primary concern.

“At this time I’m worried about the driver and the families of the victims. I’m praying for them,” she said. “My job is to worry about the safety of the passengers who are our clients. What we do requires a lot of responsibility. I didn’t know the passengers but that doesn’t mean I’m not suffering.”

Neighbor Armando Bacigalupi described the owners as “caring people” and said he had seen buses park briefly in front of the house.





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6 Futuristic Fireplaces to Keep You Warm This Winter












Who would have guessed — the futuristic-looking luxury fireplace industry is booming. Surprisingly, if you can dream it, it can be built. But, most of the time, it’ll cost you.


It seems we’re no longer just content to view the crackling Yule Log on our TVs. These fireplaces even move past the traditional stone and brick models commonly seen today. They run on gas and have controllers to turn them on or off. Some can even be operated from smartphone apps.












[More from Mashable: For Sale: Space Shuttle Xing Sign]


Check out the gallery and tell us which one is most appealing to you.


Uni Flame


The Uni Flame indoor or outdoor fireplace comes from modern home goods company Radius.


[More from Mashable: Portland Toymakers Create Ten-Legged Bamboo Companion [VIDEO]]


Click here to view this gallery.


Photo courtesy of iStockphoto, dszc


This story originally published on Mashable here.


Tech News Headlines – Yahoo! News


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Bachelorette Ashley Hebert and JP Rosenbaum are Married

Ashley Hebert is a bachelorette no more!

The 28-year-old dentist and her construction manager fiancé J.P. Rosenbaum, 35, walked down the aisle on Saturday in Pasadena, California, reports People Magazine.

The ceremony, officiated by Bachelor and Bachelorette host Chris Harrison, was attended by familiar faces from the series including Ali Fedotowsky, Emily Maynard, and Jason and Molly Mesnick.

Video: 'Bachelorette' Ashley Hebert and Fiance J.P.'s Passionate PDA

Ashley and J.P.'s exchanging of vows will be televised December 16 on a two-hour special on ABC.

The season seven sweeties will be the second Bachelorette couple ever to televise their walk down the aisle, following in the footsteps of Trista and Ryan Sutter, who married in December 2003.

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SI man torched in cooking accident, neighbors put out flames: sources








A cooking accident turned a Staten Island man into a human torch who staggered in flames onto his front lawn, where horrified neighbors tried to extinguish him with blankets, sources said.

Louis Gloria, 60, was cooking in the kitchen of his Eltingville home at about 4:30 p.m. today when a grease fire erupted, engulfing his entire body, fire officials and neighbors said.

The desperate man first tried to douse the flames with water, but that only made the fire worse. In agony, he stumbled out of his Winchester Avenue home.

“He was burning alive,” said neighbor Edward Leavy Jr., 43. “It was a pretty horrific sight.”




Edward’s brother Matthew Leavy, 46, called 911 and then quickly ran over to aid the burning man, but the flames wouldn’t go down.

“The problem was you would try to smother the flames but it would just reignite, Leavy said. “His screams were just nightmarish. When the flame didn’t go down after two or three minutes, we all thought he was going to die.

Neighbors and relatives did their best to keep the flames under control until firefighters showed up on scene. Gloria was transported to Staten Island University Hospital in stable condition. His wife, who was home at the time, was also transported and is being treated for shock.










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Boat Show may block Miami’s 2016 Super Bowl bid




















This winter, the biggest NFL match-up in South Florida might be Super Bowl versus Boat Show.

As South Florida readies a bid for the 2016 Super Bowl, it must contend with a major potential conflict on the tourism calendar. The National Football League may move the Super Bowl to Presidents’ Day weekend, already home to the five-day Miami International Boat Show since the 1940s.

It’s a significant enough conflict that, in the past, local tourism officials have declined to pursue a Super Bowl if it fell on boat show weekend. But this time around they may have no choice. For the first time, the NFL is requiring that potential host cities agree to a Presidents’ Day weekend Super Bowl if they want to pursue the big game at all, said two people who have seen the NFL request for Super Bowl bids.





The NFL “invited South Florida [to bid] knowing there was going to be an issue with Presidents’ Day weekend and the boat show,” said Nicki Grossman, Broward’s tourism director. “In the past, South Florida has not responded to a Super Bowl date that included Presidents’ Day weekend. This package is different.”

South Florida vies with New Orleans as the top Super Bowl host, with government and tourism leaders touting the game as both a boon to the economy and a publicity bonanza. But the notion of accommodating both Super Bowl and boat show — not to mention a major arts festival in Coconut Grove — strikes some top tourism officials as a bad idea.

“There is not sufficient hotel inventory available in Miami that weekend to host a Super Bowl,” said William Talbert, president of the Greater Miami Convention and Visitors Bureau. “We have taken a close look at that weekend, and it’s not physically possible in Miami to host Super Bowl during the Presidents’ Day weekend because of the boat show and the Coconut Grove Arts Festival. The hotel inventory is all being used for these two great events.”

His comments are at odds with the region’s top Super Bowl organizer and reflect the burden that the boat show may be to South Florida’s Super Bowl hopes for 2016 and 2017. The NFL invited Miami and San Francisco to bid for the 2016 Super Bowl by April 1, with the loser vying with Houston for the 2017 game. Talbert said the bid package states both decisions will be made in May.

For now, South Florida’s Super Bowl organizers face a largely hypothetical challenge, because the current NFL schedule has the Super Bowl occurring two weeks before Presidents’ Day weekend. The bid requirements for the ’16 and ’17 Super Bowls include three consecutive weekends as possibilities for the game, with the latest falling on the Presidents’ Day holiday.

Still, possible logistical hurdles may combine with political obstacles if the Miami Dolphins resume their push for a tax-funded renovation of Sun Life Stadium, the Super Bowl’s South Florida home.

Last year, the Dolphins proposed that Broward and Miami-Dade counties subsidize a $225 million renovation at Sun Life as a way to keep the region competitive for Super Bowls and other large events. The renovation includes a partial roof that would prevent the kind of drenching Super Bowl spectators suffered in 2007 when a rare February downpour hit Miami Gardens.





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Palmetto reopens to traffic after crane crash shuts down roadway




















A crane on top of a semi struck an overpass on the busy Palmetto Expressway Friday evening, creating a messy parking lot on one of South Florida’s busiest thoroughfares.

Traffic had to be diverted away in both directions on State Road 826 and Northwest 27th Avenue, causing major delays and detours during rush hour traffic.

The bobcat crane was sitting atop the tractor trailer traveling north on 27th Avenue when the accident occurred around 4:15 p.m. causing significant damage. Engineers from the state Department of Transportation were called out to inspect the overpass and determine the extent of the damage while crews worked to clean up the debris.





Later in the evening, after getting clearance from the structural engineers, the Florida Highway Patrol reopened the street, allowing traffic to flow again in both directions.

Around 8 p.m., FHP trooper Joe Sanchez, a spokesman for the patrol, gave the good news: “The Palmetto is open, thank God almighty.”

However, two lanes of Northwest 27th Avenue remained closed while crews worked into the night to repair the damage and finish the cleanup.

There were no injuries or reports of damage to any other vehicles.

“Our precaution is to get this open as quickly as possible,’’ Sanchez said. “But we have to be able to make sure it safe so cars don’t fall down onto 27th Avenue.”





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Cop’s boot gift leads more people to help homeless








The city’s homeless experienced a boost in random acts of kindness yesterday as people were inspired to do good by the story of the hero NYPD cop who bought boots for a barefoot, shivering homeless man.

“I’m getting more money today,” said Judy, who was panhandling in the Port Authority Bus Terminal with her walker.

She credited the feel-good story of Officer Larry DePrimo — who spent roughly $50 of his own money to buy boots and socks for an unidentified homeless man in Times Square — for “bringing attention” to the plight of the homeless.

“When you are blessed, you should pass it on. They should make that cop a hero,” she said.





DO-GOODERS: Quetzal Curry hands Fletcher Green a meal outside the PA Bus Terminal yesterday as NYers follow in the footsteps of Officer Larry DePrimo, who bought a homeless man a pair of boots.

Natan Dvir





DO-GOODERS: Quetzal Curry hands Fletcher Green a meal outside the PA Bus Terminal yesterday as NYers follow in the footsteps of Officer Larry DePrimo, who bought a homeless man a pair of boots.





James McGrath, panhandling near Grand Central, said police have been nicer to him since the story came out.

“I’ve been called ‘brother’ twice by cops, yesterday and today,” he noted. “I take that as a good thing. That doesn’t usually happen.”

McGrath was moved by DePrimo’s kindness, and said he could sympathize with the shoeless man because he’s had his own boots stolen while sleeping.

“That affected me,” McGrath said of the cop’s generosity. “It was nice.”

Kerrin Randolph, who was begging in a wheelchair by a Grand Central subway elevator, had also heard about DePrimo.

“It doesn’t surprise me. You have to do unto others as you would have others do unto you,” he said.

“People give what they can,” he added, smiling even as a crowd walked past him without looking. “I’m blessed.”

Dominguez Lincoln, who was sprawled out among bags of his possessions at the terminal, said DePrimo “represents the 10 percent of Americans that do good.”

Nearby, New Yorker Quetzal Curry handed out McDonald’s cheeseburger meals to the homeless outside the bus station.

“I hadn’t even heard about the officer and the boots — I’d planned to do this today, but for any of us, it should be about paying it forward,” she said.

Curry hit the streets with a group of friends from Synergy Education, a Manhattan adult-education firm that runs personal-growth seminars.

As she and pals handed meals to two men on Ninth Avenue, the recipients were overcome with emotion.

“They were literally crying,” said the stunned Curry. “And it was so cold out.”

One pal gave his sweat shirt to the men, and Curry went back to her car to fetch blankets for them.

DePrimo yesterday continued to receive praise from thousands of strangers, many of whom posted kudos on the NYPD’s Facebook page. “The world needs more people like you!” posted Carol Hover, of upstate.

“Thank you! My daughter and I are going to NYC in the morning and rather than looking up, I think we will be doing a lot more looking at the people around us.”










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Boat Show may block Miami’s 2016 Super Bowl bid




















This winter, the biggest NFL match-up in South Florida might be Super Bowl versus Boat Show.

As South Florida readies a bid for the 2016 Super Bowl, it must contend with a major potential conflict on the tourism calendar. The National Football League may move the Super Bowl to Presidents’ Day weekend, already home to the five-day Miami International Boat Show since the 1940s.

It’s a significant enough conflict that, in the past, local tourism officials have declined to pursue a Super Bowl if it fell on boat show weekend. But this time around they may have no choice. For the first time, the NFL is requiring that potential host cities agree to a Presidents’ Day weekend Super Bowl if they want to pursue the big game at all, said two people who have seen the NFL request for Super Bowl bids.





The NFL “invited South Florida [to bid] knowing there was going to be an issue with Presidents’ Day weekend and the boat show,” said Nicki Grossman, Broward’s tourism director. “In the past, South Florida has not responded to a Super Bowl date that included Presidents’ Day weekend. This package is different.”

South Florida vies with New Orleans as the top Super Bowl host, with government and tourism leaders touting the game as both a boon to the economy and a publicity bonanza. But the notion of accommodating both Super Bowl and boat show — not to mention a major arts festival in Coconut Grove — strikes some top tourism officials as a bad idea.

“There is not sufficient hotel inventory available in Miami that weekend to host a Super Bowl,” said William Talbert, president of the Greater Miami Convention and Visitors Bureau. “We have taken a close look at that weekend, and it’s not physically possible in Miami to host Super Bowl during the Presidents’ Day weekend because of the boat show and the Coconut Grove Arts Festival. The hotel inventory is all being used for these two great events.”

His comments are at odds with the region’s top Super Bowl organizer and reflect the burden that the boat show may be to South Florida’s Super Bowl hopes for 2016 and 2017. The NFL invited Miami and San Francisco to bid for the 2016 Super Bowl by April 1, with the loser vying with Houston for the 2017 game. Talbert said the bid package states both decisions will be made in May.

For now, South Florida’s Super Bowl organizers face a largely hypothetical challenge, because the current NFL schedule has the Super Bowl occurring two weeks before Presidents’ Day weekend. The bid requirements for the ’16 and ’17 Super Bowls include three consecutive weekends as possibilities for the game, with the latest falling on the Presidents’ Day holiday.

Still, possible logistical hurdles may combine with political obstacles if the Miami Dolphins resume their push for a tax-funded renovation of Sun Life Stadium, the Super Bowl’s South Florida home.

Last year, the Dolphins proposed that Broward and Miami-Dade counties subsidize a $225 million renovation at Sun Life as a way to keep the region competitive for Super Bowls and other large events. The renovation includes a partial roof that would prevent the kind of drenching Super Bowl spectators suffered in 2007 when a rare February downpour hit Miami Gardens.





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