Saturday, May 24, 2014

BIG TIME DONATION FROM KRAVISES WILL MOVE FORWARD CANCER RESEARCH


Through the generosity of the Marie-Josee and Henry R. Kravis Foundation, who are contributing $100MM to Memorial Sloan Kettering, the Center for Molecular Oncology will move forward more quickly on its goal to expand gene coverage above the currently 341 known cancer-causing genes  and monitor therapy at the molecular level.   



They want to discover why tumors spread and if the patients were predisposed to cancer, determine what mutations are driving growth of the tumors.  The gift will create a precision oncology center which will bear the names of Henry and Marie-Josee Kravis.  The center states that cancer is a disease of the genome and they need to integrate vast amounts of molecular discoveries and analyze patients’ DNA and tumors to develop tumor-specific treatments.



Six gene-sequencing machines are being installed to analyze tumors.
Mrs. Kravis is Chairperson of the Sloan Kettering Institute, the research arm, and has been on their Boards of Overseers and Managers since October 2000.  Mr. Kravis is a private-equity investor.  Mr. Kravis told the Wall Street Journal, “I like to do things that are transformative and more importantly make a difference.”  



 Kravis gifted the Columbia Business School with $100MM in 2010 to fund a new building that will be completed this year and will bear his name.

Saturday, May 10, 2014


HOA TRANSFER FEES UNDER THE GUN – A HOTLY DEBATED ISSUE

As of 2012, according to the Community Associations Institute (CAI), there were 323,600 association-governed communities in the U.S. with just under 26 million housing units and 63.4 million residents.  Averaging $100 to $500, transfer fees are generally used by communities for replenishing capital reserves, improvements to infrastructure and sometimes to fund environmental conservation activities; in other words to benefit the community.  A CAI member survey showed that 72% of HOAs charge transfer fees when units are sold, mostly flat fees but sometimes a small percentage of the sale.


In 2012 Fannie Mae and Freddie Mac adopted guidelines that banned private-purpose investor-benefit transfer fees from eligibility for conventional financing.  Lawyers for the US Department of Housing and Urban Development (HUD) warned FHA that under current “free assumability” regulations, they cannot insure mortgages on properties with “restrictions on conveyance”, encumbrances on the title that could hamper transfers, including fees paid at sale of units in HOA communities.  Most existing HOA transfer levies may become obstacles to those who want to use Federal Housing Authority (FHA) loans and seniors who apply for an FHA-insured reverse mortgage.  Groups have appealed to the FHA to mirror Fannie’s and Freddie’s current guidelines and prohibit only those fees that will not benefit the homeowner and association where they reside.  


Regulations might be published in June.  States estimated to be hardest hit if this Transfer Fee Home Owners Association rule goes into effect include Florida, California and Arizona, which have all struggled with owner-unit default problems.  Some had to put off needed capital improvements.  Others use these funds for essential community services.


The CAI has put FHA on notice that if this transfer fee plan goes forward, they will have to go to Congress feeling that these restrictions for FHA financing will adversely affect many forthcoming home buyers and will compromise the stability of many communities.

Saturday, April 26, 2014

FAU'S NEW PHYSICIAN RESIDENCY PROGRAM BRINGS GOOD NEWS FOR OUR LOCAL MEDICAL CENTERS AND FOR FUTURE PATIENTS


With New York having 82 medical residents and Massachusetts having 84 per 100,000/population, Florida is hard at work to catch up, to fill the gap of shortages of residents with our FAU (Florida Atlantic University) playing a big part.  Florida had about 19 physicians in training per 100,000/population and placed 42nd in the United States. About 25% of Florida’s physicians are over age 65.


Three local community hospitals will be benefiting from the new Florida Atlantic University (FAU) physician residency program.  Recently there were 36 medical school graduates, who will be employed at Boca Regional Medical Center, Delray Medical Center and Bethesda West (near Boyton Beach), and these medical centers are becoming academic teaching hospitals.  About half of these grads will be at Boca Raton Regional. The new physicians will be using the FAU Medical Simulation Centers and Boca Raton and West Palm Beach to learn about high risk procedures, and connected to FAU’s Boca Raton campus through conferencing and virtual classrooms. 


While serving hospital patients, two new FAU outpatient clinics are coming to Boca Raton Regional and Bethesda West where these residents will provide primary care and conduct wellness programs in the communities.  Thirty-nine percent have roots in Florida.  They begin working on July 1. FAU’s College of Medicine’s program began in 2011 with 64 students, who will be eligible to be residents after next year’s graduation.  FAU’s goal is within three years to grow to 96 physicians in their new internal medicine residency and to 400 within five years, serving at the three hospitals above and adding St. Mary’s Medical Center in West Palm Beach and the West Boca Medical Center.  The college medical association says that 47% of doctors set up practices where they complete their residency, making friends in the area, establishing roots, working with colleagues, buying a property and finding a partner.  Half the current graduates will be working at Boca Raton Regional.


Dr. David Bjorkman, Dean of the FAU College of Medicine says that FAU is awaiting approval from its accrediting body on a surgical residency and developing programs in emergency medicine, psychiatry, pediatrics and considering other programs.  Dr. Charles Posternack, Chief Medical Officer at Boca Raton Regional, said that “the physician trainees will being patient care to a new level…academic medical centers perform research that benefits patients locally and around the world, and become a magnet to physicians”. 



Boca Raton Regional has been aiming to transition into a teaching hospital for the past seven years and their working together with FAU has brought new and wonderful benefits to our area.

Friday, April 04, 2014

THIRTY SECONDS OVER TOKYO



When asked to identify the base from which they flew, President Franklin Roosevelt replied, "Shangri-La."

Recently, in Fort Walton Beach , Florida , the surviving Doolittle Raiders gathered publicly for the last time.  They were among the most universally admired and revered men in the United States. There were 80 Raiders who, in April of 1942, just four months after the attack on Pearl Harbor, embarked on one of the most courageous and heart-stirring military operations in this nation's history. The mere mention of their unit's name, in those years, would bring tears to the eyes of grateful Americans.  

After Japan 's sneak attack on Hawaii , with the United States still licking its wounds, something dramatic was needed to turn the war effort around.  Even though there were no friendly airfields close enough to Japan for the United States to retaliate, a daring plan was devised. Sixteen North American B-25s, twin-engine "Billy Mitchells," were modified so that they could take off from the deck of an aircraft carrier. This had never before been tried -- sending Army Air Corps medium bombers from the deck of a ship at sea.
The 16 five-man crews, under the command of then Lt. Col. James Doolittle, (he retired as a brigadier general) who himself flew the lead plane off USS Hornet, knew that they would not be able to return to the carrier. They would have to hit Japan and then hope to make it to China for a safe landing.  On the day of the raid, the Japanese military caught wind of the plan. The Raiders were told that they would have to take off from much farther out in the Pacific Ocean (more than 600 miles) than they had counted on. They were told that because of this they would not have enough fuel to make it to safety.

They went anyway.  They bombed Tokyo, then flew as far as they could. Four planes crash-landed in China ; 11 crews bailed out, and three Raiders died. Eight more were captured; three were executed.  Another died of starvation in a Japanese prison camp. One crew made it to Russia.  The Doolittle Raid sent a message from the United States to its enemies, and to the rest of the world: We will fight. And, no matter what it takes, we will win.

 Of the 80 Raiders, 62 survived the war. They were celebrated as national heroes, models of bravery. Metro-Goldwyn-Mayer produced a motion picture based on the raid. "Thirty Seconds Over Tokyo ," starring Spencer Tracy and Van Johnson, was a patriotic and emotional box-office hit, and the phrase became part of the national lexicon. In the movie-theater previews for the film, MGM proclaimed that it was presenting the story "with supreme pride."

Beginning in 1946, the surviving Raiders have held a reunion each April, to commemorate the mission. The reunion is in a different city each year. In 1959, the city of Tucson, Arizona, as a gesture of respect and gratitude, presented the Doolittle Raiders with a set of 80 silver goblets. Each goblet was engraved with the name of a Raider.  Every year, a wooden display case bearing all 80 goblets is transported to the reunion city. Each time a Raider passes away, his goblet is turned upside down in the case at the next reunion, as his old friends bear solemn witness.  Also in the wooden case is a bottle of 1896 Hennessy Very Special cognac. The year is not happenstance: It was Jimmy Doolittle's birth year.

There has always been a plan: When there are only two surviving Raiders, they would open the bottle, at last drink from it, and toast their comrades who preceded them in death.  As 2013 began, there were five living Raiders.  Then, in February, Tom Griffin passed away at age 96.  What a man he was. After bailing out of his plane over a mountainous Chinese forest, he became ill with malaria and almost died. When he recovered, he was sent to Europe to fly more combat missions. He was shot down, captured, and spent 22 months in a German prisoner of war camp. 

Out of the original 80, only four Raiders remain: Dick Cole (Doolittle's co-pilot on the raid), Robert Hite, Edward Saylor, and David Thatcher. All are in their 90s. They have decided that there are too few of them for the public reunions to continue. The men have decided that after this final public reunion they will wait until a later date -- sometime this year -- to get together once more, informally and in absolute privacy. That is when they will open the bottle of brandy. The years are flowing by too swiftly now; they are not going to wait until there are only two of them. They will fill the four remaining upturned goblets, and raise them in a toast to those who are gone.



I received this historic footnote in an email... source unknown... it is worth passing on to my Readership.  MARILYN


Thursday, March 20, 2014









www.allianceforaging.org  Find answers about aging and eldercare services. Here is a good place to start

www.caremanager.org Can find you a geriatric care manager who can help find local resources for seniors.

www.nasmm.org  The National Association of Senior Move Managers can handle logistics when a senior wants to downsize – here you can find a Senior Move Manager.

www.naela.org can design a financial plan to take advantage of government assistance and handle estate planning.

www.palmbeachseniorplacement offers FREE service to help seniors find the best match for independent and assisted living facilities, including Alzheimer's/dementia care in Broward, Palm Beach, Martin and St. Lucie Counties.  We take you on tours, refer to resources for VA and Medicaid finnacing and more.  Contact Candy Cohn, 772-486-4914, candy@palmbeachseniorplacement.com

Readership: if you want to add another resource, it will be appreciated if you email marilynfjacobs@gmail.com.



Sunday, February 02, 2014

SELLING YOUR HOME? HERE IS SOME FOOD FOR THOUGHT...



Data provided by ActiveRain.com.


ActiveRain is an online community of real estate professionals who exchange best practices, write real estate blogs, and get free education from the industry and their peers.

Friday, January 31, 2014

FISCAL CONDITION OF THE 50 STATES




Note that Florida came in #6, near the 
top of the list for fiscal conditions 

for all 50 states.

Saturday, January 25, 2014

BOCA REGIONAL HOSPITAL GETS KUDOS


Healthgrades ranks Boca Regional Hospital in top 5% of hospitals for 10th year in a row for clinical performance. 

Out of 4500 hospitals in the United States, only 24 have earned such a consecutive distinction.  The hospital earned six 5-star ratings for

·       treatment of heart attack

·       treatment of heart failure

·       Colorectal Surgeries

·       treatment of GI bleed

·       treatment of Bowel obstruction

·       treatment of Sepsis.

 

Ranked nationally in the top 10% for:

·       Overall Cardiac Services

·       Overall Gastrointestinal Services

·       Overall General Surgery

Healthgrades estimates that if all hospitals performed at the level that Boca Regional does, a Distinguished Hospital for Clinical Excellence, 156,036 lives could potentially have been served.

Boca Regional, an advanced tertiary medical center has 400 beds and more than 800 primary and specialty physicians on staff.  It is noted as a leader in oncology, cardiovascular disease and surgery, minimally invasive surgery, orthopedics, women’s health and emergency medicine and the neurosciences, all of which offer state-of-the-art diagnostic and imaging capabilities. The hospital is a designated Comprehensive Stroke Center, noted by the Florida Agency for Health Care Administration (AHCA). 


Boca Regional announced an agreement with North Shore-LIJ Health System, the largest integrated healthcare network in NY state, and one of the nation's largest healthcare systems which has 16 member hospitals throughout the NY metropolitan area.  It is the largest private employer in NY with 47,000 in its workforce, a medical school and research enterprise.  The affiliation will focus on clinical care programming.


Friday, January 24, 2014




NOW is the time to buy in Florida

before prices rise again



FLORIDA REAL ESTATE MARKET IS 
IN RECOVERY MODE....

HOW MUCH ARE HOME SALES UP?

Florida Realtors News reports single family 
home sale closings are up 8.6% compared to 
Dec 2012.  National Association of Realtors 
says prices and sales are strongest in 7 years.  
The number of listings is increasing. 
Statewide consecutive gains began 
over two years ago. 

Generally, properties are closing faster with 
median days on market 50 days for 
single family homes and 51 days 
for townhouses and condos.  
Translation: 50% of homes on the Florida 
market sell in less than two months.  

While inventories are rising, cash sales are 
declining and there are fewer 
distressed properties on the market.  
Investor activity is lower.

Sunday, December 08, 2013

WHERE DOES OUR COUNTY’S PROPERTY TAX MONEY COME FROM?


West Palm Beach has the highest 2013 tax bill, 69.7mm with Boca Raton next at $59.1MM), Delray Beach at $47.3MM and Palm Beach Gardens at $47MM.  Palm Beach’s property tax bill of $41MM makes it 5th highest in the county.

Largest tax bill goes to Florida Power & Light ($76.3MM), the Breakers is one of the top 10 taxpayers with the highest tax bill on the island, and includes properties in West Palm Beach. 

Other high tax payers include Boca Raton Town Center’s trust, Bell South Communications, U.S. Sugar Corp and the owner of the Gardens Mall in Palm Beach Gardens, Comcast, Boca Raton Reosrt & Club, and Wellington Green mall owners.

·       686,556 property tax bills are mailed out by the tax collector
·       Total tax revenue is $3,025 BB.

Tax Collector is Anne Gannon, whose name you know if you pay property taxes.

Saturday, December 07, 2013

WHEN YOU CONTRIBUTE TO A CHARITY DO YOU KNOW WHERE THE MONEY GOES?

PAP CORPS: CHAMPIONS FOR
CANCER RESEARCH


Tuesday, December 03, 2013

PALM BEACH COUNTY SHOPPING HAPPENINGS



If you have headed north from Okeechobee recently, you have seen large cleared areas in the Palm Beach Lakes Boulevard region, right side of I-95. 

A 900,000 sq ft development is under construction at this $200MM project.  The area covers 80-acres.  Palm Beach Outlets in West Palm Beach, scheduled to open on Valentine’s Day, will have more than 100 retail stores, including DKNY Saks Fifth Avenue OFF 5th and Kenneth Cole Outlet.  These renderings will give you an idea of how nice it will look... and lure you to come and shop here once it opens.



This was the site of the former Palm Beach Mall.  An adjacent retail center whose opening is planned for next fall will include Whole Foods Market and a Nordstrom Rack.  Dining venues will be included. 


The City of West Palm Beach anticipates about $1MM annually in property taxes from this development.  About 1500 full-time and part-time jobs will be created.  Stay tuned at Facebook.com/Palm Beach Outlet.

Wednesday, November 27, 2013

NEWEST ZOO RESIDENT IS BEAUTIFUL FLORIDA PANTHER, MIRASOL




Next month, after “Mira” is out of quarantine, visitors can see this beautiful jungle cat, who is 12 years old.  Her elderly owner, founder of the South Florida Wildlife Rehabilitation Center in Homestead, has a terminal illness and he contacted state wildlife officials to help him find homes for his animals.

The Palm Beach Zoo and Conservation Society at Dreher Park is excited about their new resident and they say she is very affectionate with humans, and appears to have been well loved and cared for in her last home.  Yet, panthers are known to be solitary animals.  About 80 to 100 panthers remain in Florida, and they are now one of the most rare and endangered mammals in the world.  The Panther National Wildlife Refuges is east of Naples, Florida.  Panthers are at great risk of extinction.

Mira has a few health problems, including curvature of the spine, but otherwise is doing well. General curator Jan Steel says that having Mira, a “pure” Florida panther, is exciting and “It allows us to show the differences between the western cougar or puma and the Florida panther.



Three Malayan tiger brothers, Jaya, Bunga and Penari have left the Palm Beach Zoo for a new home at the Jacksonville Zoo.  Since 1900 the wild tiger population has decreased by more than 95% and there is a Tiger Conservation Campaign among zoos.  The Wildlife without Borders Rhinoceros and Tiger Conservation Fund funded 53 projects in 15 countries for these conservation project,  implemented by the U.S. Fish and Wildlife Service, a federal agency of the Department of the Interior.  Here is more information.  The tiger pictured above is at the Smithsonian Zoo in Washington DC.


The Zoo recently added “and Conservation Society” to its name to stress they provide care for endangered species, which has been part of their agenda for a long time.


Saturday, November 16, 2013

WSJ: UNITED HEALTH DROPS THOUSANDS OF DOCTORS FROM INSURANCE PLANS

(Reuters) – UNITEDHEALTH GROUP dropped thousands of doctors from its networks in recent weeks, leaving many elderly patients unsure whether they need to switch plans to continue seeing their doctors, the Wall St Journal reported on Friday.

The insurer said in October that underfunding of Medicare Advantage plans for the elderly could not be fully offset by the company's other healthcare business. The company also reported spending more healthcare premiums on medical claims in the third quarter, due mainly to government cuts to payments for Medicare Advantage services.

The Journal report said that doctors in at least 10 states were notified of being laid off the plans, some citing "significant changes and pressures in the healthcare environment." According to the notices, the terminations can be appealed within 30 days.

Tyler Mason, a UnitedHealth spokesperson, was not immediately available for comment when reached by Reuters.

The insurer told the WSJ that its provider networks were always changing and that it expected its Medicare Advantage network to be 85 percent to 90 percent of its current size by the end of 2014.

UnitedHealth is participating in about a dozen new state insurance markets that launched on October 1 to offer subsidized health coverage under President Barack Obama's healthcare overhaul.
The insurer said previously it planned to withdraw from some markets in 2014 because of the government funding cuts.

Another top health insurer, Aetna Inc , also warned in October that it expected slowing growth in 2014 in its Medicare Advantage plans.

To find the lowest priced Medicare Supplements, see http://www.naaip.org/insurewithMarilyn and you can sign up there or call 561-638-9818.

Friday, November 15, 2013

HOME PRICES UP BY DOUBLE DIGITS IN MANY METRO AREAS


The national median home price showed its strongest annual growth in nearly eight years during the third quarter of this year, according to data collected by the National Association of Realtors.

A whopping 144 of the 163 metropolitan statistical areas (MSAs) tracked by NAR showed gains between the third quarter of this year and the third quarter of last year. In 54 of those MSAs, the increases were in the double digits.

The national median existing single-family home price was $207,300 in the third quarter, up 12.5 percent from $184,300 in the third quarter of last year.

That's the strongest year-over-year increase since the fourth quarter of 2005 when the median home price jumped 13.6 percent.

Condominium and cooperative prices rose 15.1 percent to a median $205,400 in the third quarter.

One reason home prices are rising is that foreclosures and short sales are falling. Short sales are homes sold for less than what the owners owed on their mortgage.

Foreclosures and short-sale homes typically sell at a discount. That can lower the value of nearby homes because appraisers look at all recent sales when they determine a home's current value.

In the third quarter, only 14 percent of home sales were foreclosures or short sales. That's down from 24 percent a year ago.

Across the country, about 2.21 million homeowners had their properties for sale, modestly higher than the third quarter of 2012, when 2.17 million homes were on the market.

That's a 5-month supply of homes for sale, down from a 5.9-month supply in the third quarter of 2012.

Thursday, November 07, 2013

THE SEVEN50 PROJECT


Two hundred plus public, private and non-profit organizations in Palm Beach, Broward, St. Lucie, Martin, India River, Miami-Dade and Monroe County formed the group to develop a 50-year plan for the region.

Issues include coastal erosion, environment and other climate issues and regional approaches to economic development, transportation and education.  One member mentioned that an expanded marine industry in West Palm Beach could create jobs and become an international destination for super yachts.

A grant of nearly $14MM has been awarded to South Florida transportation officials to upgrade rail transportation and connect train corridors on Tri Rail and the CSX and Florida East Coast Railway lines.  It will also be used for the All Aboard Florida, a rail service between Miami and Orlando.


According to project officials, three million new residents are expected in Florida in the next 50 years.  For more information see seven50.org.

Tuesday, October 15, 2013

UPDATE ON NEW TREND OF CREATING SPIRITUAL SPACE IN YOUR HOME




 Architects and builders are incorporating meditation gardens, yoga and tai chi studios and private chapels into home plans. 





Tea Houses with sparse furnishings are a newer addition to some homes.



Feng shui specialists are called upon to consult with about design principals or to conduct special ceremonies.  Outdoor elements are brought within vision.  Beautiful gardens with plantings and pebbles are featured.  Antique doors are popular.  Water features have become important, such as fountains and waterfalls.  Homeowners want natural materials and light colored woods such as maple, bamboo and oak. 



Asian influences prevail.  Handmade sliding screens and tatami mats are included as well as koi ponds and bonsai trees. 



Tea rooms are places for meditation and for snacks and dinners.  During the Colonial period, private prayer spaces were included within homes, but in the 1960’s, communal worship became more popular.