2 -Edition 203
The Boca Raton Tribune COMMUNITY NEWS East/West Boca Raton, FL
The Boca Raton Tribune
PAGE TWO Barrys Buzz Graphic Design
Quote of the Week:
“Trust in the LORD always, for the LORD GOD is the eternal Rock.” - Isaiah 26:4
Joseph Feliciano
year from gambling revenue.
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• Two major South Florida ports are gearing up for a payoff when the Panama Canal’s $5 billion expansion is completed in 2016. The Port of Miami is sinking over $1 billion in improvements to handle the wider cargo ships that will transit the Canal, plus Port Everglades has earmarked nearly $60 million in upgrades to handle the bigger ships. Currently only ports in Norfolk and Baltimore can service the large supercargo ships.
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• Breaking News: Boca Raton Regional Hospital Foundation president Jan Savarick will be resigning after her replacement is chosen.
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• Stanley Tate speaks at the goldcoasttigerbayclub.com lunch Oct. 8. Register on the site.
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INDEX
Community News.....p 3 Editorial.....................p 6 Columnists..............p 10 Business.................p 13 Classified................p 15 Sports......................p 18
• GL Homes can pay $1.6 million to build more homes than the company otherwise would have been allowed in Palm Beach County’s Agricultural Reserve, county commissioners decided Tuesday. • Boca resident Scott Ball has opened a Dunkin’ Donuts franchise in the Regency Court at Yamato and Jog Roads. • The Florida Bar is investigating complaints filed against Boca Raton lawyer Howard Feinmel. The probe centers around Feinmel’s involvement with a foreclosure rescue scam called Fidelity Land Trust, which was shut down by the state. Feinmel denied any wrong doing and is still a member and in good standing with the Bar. • The Florida Panthers will eliminate discount and free tickets to make it fair to all fans, risking decreased attendance this season. • The Florida Seminole Indian Tribe has cut a deal to buy Mackinac Savings Bank, a small bank in Boynton Beach, with branches in Delray and West Palm Beach, which lost $150,000 in the first half of the year and rename it Seminole Bank, as the first tribe-run bank in the state. It plans to continue to serve its core customers while expanding to offer personal and business banking services to many of the 4,000 members of the Seminole Tribe of Florida, each of whom receives $120,000 per year tax free from gambling revenue. As well as to Seminole Tribe employees, vendors, neighbors and others associated with the tribe. Price on the deal was not disclosed but observers say the tiny bank with assets of $10 million will close below $10 million in a cash deal. The Seminoles grossed a whopping $2 billion last
• International buyers are capturing an increased share of homes sold in Florida. Palm Beach County ranked 7th out of 19 metro areas with 33% of the buyers coming from Canada, followed by Brazil and China, which have replaced the dwindling list from South America, and almost all have paid cash, which is pushing up home prices. • South Florida’s private flood insurance market has become a scarce commodity. Only a few state approved companies are competing with the long established National Flood Insurance program which is looking to hike rates after going billions in debt. Approved companies are South Florida Gridiron Insurance which specializes in high ticket commercial property while Tampa based Homeowners Insurance is looking at an annual premium of over $2,000. • The Feds are launching restrictions on federally backed reverse mortgages that will squeeze South Florida borrowers. Beginning Jan. 1 borrowers will face tighter qualifying requirements, less loan values and lower appraisals. The added restrictions come as the Feds combat a default rate that hit almost $2 billion last year. South Florida has been a hotbed of reverse mortgage marketing with TV ads blanketing the region. • South Florida credit unions are thriving, according to an industry trade group. Seven Palm Beach County credit unions gathered a hefty $58 million in new savings, checking and other assets during the first half of the year, compared to only $9 million last year. The unions are pressing hard on loan production and wrote $13 million in new loans for the first half of this year, up 30% from the same period last year. . • South Florida’s Carnival cruise line revealed a solid $1.2 billion profit for its third quarter, up 5% from the previous year and the line reported a 20% increase in Caribbean bookings for the summer. Carnival operates 100 ships on five continents and sails under 12 brands, accounting for 20,000 jobs in South Florida. • Airline cost at FLL is $6.07 per passenger, up 33% to pay for the new runway.
PBIA cost is $7.14 and is expected to go down while MIA charge is $20.04. • What’s New Pussycat, the songs of Burt Bacharach, is at the Stage Door Theatre, 8036 W. Sample Rd., Coral Springs, extended to Oct. 19. Visit stagedoortheatre.com. • Annie is at the Broward Center for the Performing Arts, 201 SW 5th Ave. Ft. Lauderdale to Oct. 19. Call 800.745.3000 or visit browardcenter.org. • What I learned in Fallsburg at the Delray Square Performing Arts, 4809 W. Atlantic Ave., is extended to Oct. 19. Piaf runs Nov. 12-Dec. 14. Shenandoah runs Jan. 7-March 1. Sophie, Totie & Belle runs March 25-May 17. Tickets at 561.880.0319 or visit DelraySquareArts.com. • Cafe Cinematheque Foreign Films with Shelly Isaacs is every Thursday at 10:30 a.m.at Movies of Delray 561-638-0020 and Friday at 1:00 p.m. at Movies of Lake Worth 561-968-4545. Visit moviesofdelray.com for more information. • Watch Barry Epstein live at barryepstein.com,tv-show/ to win free tickets to the Cinemark Theatres. You can be on too to promote your business and we send a link of your segment to put on your website and send out in emails to prospects and clients for only $150. This week’s guests include Liquid Capital Funding President Benjy Wolf, Spirit Medium Laura Mendelson, Brawer, Hirsch and Associates P.A. partner David L. Hirsch and Linkedin Coach and specialist Gary Kissel. It also goes out on Vimeo, Facebook and YouTube. Call 561.852.0000 for details. • Kill the Messenger, The Judge, Addicted: Live with Zane, Alexander and the Terrible, Horrible, No Good, Very Bad Day, Pride and Dracula Untold opens Friday at the Cinemark Palace and Premiere theatres. The Green Prince and Two Faces of January opens at the FAU Living Room theatres. The Judge opens at the Movies of Delray, which also opens at the Movies of Lake Worth, along with One Chance and The Green Prince. My Old Lady, This is Where I Leave You and Lets Be Cops opens at the Last Picture Show in Tamarac. The Judge and Pride opens at the Classic Gateway Theatre in Fort Lauderdale. • The Marvelous Wonderettes presented by the Slow Burn Theatre Company is at the Broward Center for the Performing Arts, 201 SW 5th Ave. Ft. Lauderdale, in the Abdo New River Room to Nov. 23. Tickets are $45. Buy tickets at BrowardCenter.org, Ticketmaster.com or by phone at 800.745.3000.
Barry Epstein, APR, is a noted public relations, marketing and political consultant based in Boca Raton, president of the Luxury Chamber, the West Boca Leaders networking group and the founder and former president of the West Boca Chamber of Commerce; with a weekly internet television show on the Boca Tribune website. His motto is Public Relations is the enemy of anonymity. Fax column items to 561.451.0000. His column/blog is in the Boca Raton Tribune and on the Boca Tribune website (and click on columnists), on Facebook, as well as on the front page of the Sun-Sentinel/Jewish Journal website.
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October 10 - 16 ,2014