Douglas Elliman Releases May 2020 New Signed Contracts Report for Florida
Douglas Elliman in conjunction with Miller Samuel, a leading independent appraisal firm, has just released its May 2020 New Signed Contracts Report, which reveals that the number of newly signed contracts across property types in Florida was at a high last month, despite there being lower levels of new listing inventory coming online.
Douglas Elliman in conjunction with Miller Samuel, a leading independent appraisal firm, has just released its May 2020 New Signed Contracts Report, which reveals that the number of newly signed contracts across property types in Florida was at a high last month, despite there being lower levels of new listing inventory coming online. The Florida report includes the five counties of Miami-Dade, Broward, Palm Beach, Pinellas, and Hillsborough, focusing on the new contracts signed and new listings that entered the Florida Market during the entire month. The regions are broken up by two property types: single family and condo, as well as county, borough, or area. New contracts and new listings for each property type have been broken out by eight price tranches depending on regional pricing, on a year to year basis. Douglas Elliman will be producing a monthly recurring report similar to this one during the first week of each month to cover the prior month’s number of new contracts signed and new listings to provide a data-driven picture of the rapidly changing market.
Palm Beach County
Overview:
Despite lower levels of new listing inventory coming online, the number of new signed contracts across property types pressed higher
Key Trend Metrics (Year to Year)
Single Family:
Number of new signed contracts for homes jumped 27.7% to 3,444 contracts
Listing inventory dropped 37.9% to 1,381 units
There was a 49.3% decline in the number of new listings for homes priced below $200K
Condo:
Number of new signed contracts for condos increased by 16.6% to 2,033 contracts
Listing inventory declined 28.7% to 906 units
111 condos priced above $1M went into contract, a 40.5% increase from the number of condos that went into contract in May 2019
Broward County
Overview:
There was a larger rise in overall single family new signed contracts than for overall condo new signed contracts
Key Trend Metrics (Year to Year)
Single Family:
Number of new signed contracts rose 33.4% to 3,499 contracts
Listing inventory slipped 42.3% to 1,389 units
Listing inventory dropped by 66.4% for homes priced below $200K to 48 units
Condo:
Number of new signed contracts increased by 19.2% to 2,491 contracts
Listing inventory dropped 35.1% to 1,108 units
89 condos priced at or above $1M went into contract, a 50.8% increase from last year
Miami-Dade County
Overview:
Despite the significant drop in single family and condo new listings during the spring, a noticeable uptick began in May
Key Trend Metrics (Year to Year)
Single Family:
Number of new signed contracts rose 36.2% to 3,284 contracts
Listing inventory declined 40.7% to 1,232 units
Listing inventory for homes priced below $200K saw a 60.6% decline
Condo:
Number of new signed contracts edged up 4.1% to 3,058 contracts
Listing inventory dropped 42.6% to 1,386 units
There were 91 new listings for condos priced between $600K to $799K, a 52.4% drop from last year’s 191 new listings for similarly priced condos
Pinellas County
Overview:
Along with the atypical drop in new listings introduced to the market this spring, new contract signings surged for both single families and condos
Key Trend Metrics (Year to Year)
Single Family:
Number of new signed contracts surged 45.3% to 2,519 contracts
Listing inventory decreased by 33.4% to 974 units
Homes priced at or above $1M saw a 100.0% surge in the number of new signed contracts for a total of 132
Condo:
Number of new signed contracts rose 32.3% to 1,143 contracts
Listing inventory fell 34.9% to 443 units
25 condos priced between $800K to $999K went into contract, a 108.3% increase from last year
Hillsborough County
Overview:
There was a significant surge in new signed contracts for both single family and condo properties as listing inventory remained slow to enter the spring market
Key Metrics (Year to Year)
Single Family:
Number of new signed contracts increased by 66.6% to 4,266 contracts
Listing inventory slipped 37.5% to 1,594 units
200 homes priced between $600K to $799K went into contract, a jump of 124.7% from last year
Condo:
Number of new signed contracts rose 53.2% to 521 contracts
Listing inventory fell 25.0% to 216 units
There was a 425.0% rise in homes priced at or above $1M that went into contract
By Isabella Zimmermann
Why Rent Strikes Are Bad for Everyone and What’s Going to be Done about Unemployment?
Since thousands of businesses were deemed non-essential and forced to shut their doors, reemployment assistance claims over the last six weeks have surpassed two million in South Florida. With a tourism-dependent economy plus an older population, Florida is more vulnerable to economic shock, which is why it is one of the top five states with the highest number of claims.
Since thousands of businesses were deemed non-essential and forced to shut their doors, reemployment assistance claims over the last six weeks have surpassed two million in South Florida. With a tourism-dependent economy plus an older population, Florida is more vulnerable to economic shock, which is why it is one of the top five states with the highest number of claims. The longer the standstill goes on, the worse the economic fallout will be.
As May rents come due and unemployment rates continue to jump, providing assistance to households should be a top priority for policymakers. The prospect of a rent strike has been trending in the news and on social media, but a voluntary movement to skip rent payments could destabilize not only the housing market, but the American economy as well. How many months of working capital do small businesses have to stay afloat, in order for those furloughed and laid off employees to have jobs to return to after nationwide and state stay-at-home orders are eased and how will South Florida’s real estate market fare in the coming months?
May Day: May 1st Is Here
Multifamily landlords were pleasantly surprised with April collections. In an exclusive webinar interview hosted by PROFILE last week, President of Tate Capital, James Tate, who has over $1B assets under management, told us “We’re 90% collected,” talking about his 10,000+ door multifamily portfolio. Now it’s May 1st and everyone is wondering what May rent collections will be. “May 1st will be a good deciding point to see how many people default,” added Allen Morris, Chairman and CEO of the Allen Morris Companies.
Morris said his April multifamily rent collections were at 95%. He’s opening two new apartment buildings in Orlando this summer and is taking a proactive leasing approach. “People are signing leases, assuming the University of Central Florida is holding its fall semester. We’re giving tenants a guarantee in their lease. If they delay opening the university, we will delay rent until school opens.” Offering tenants flexibility gives them the security to sign leases now and is helping to forge a positive landlord-tenant relationship that will be dependent on open communication, should issues with payment arise in the future.
Trending: Socialist Whispers
With talks of rent strikes sweeping the country, landlords have been portrayed as vultures preying on the pockets of financially insecure tenants, when they remain responsible for property taxes and other carrying costs that help pay for public improvements, education and other municipality benefits. Diligent landlords are communicating with their tenants and weeding out those who are taking advantage of the public health crisis, says Shahab Karmely, CEO of KAR Properties. Those who can, should pay rent to support the services their communities need. Those directing their frustrations toward landlords may have valid concerns: with the economy shut down by government-mandated order, how are people supposed to pay bills and keep businesses running?
In New York, politicians pushing socialist rhetoric and big government reach such as Alexandria Ocasio Cortez have called for rent strikes and rent cancellations. Movements in New York City even claim to have “identified” landlords who can take a “shave”. Lack of payment means that owners will not be able to stay in business and manage the building to the tenant’s expectations, including paying for things like common area maintenance (think: how much does it cost for a cleaning crew to wipe down all public surfaces in a building multiple times a day). Landlords also pay property tax, insurance, debt service, management fees and capital expenditures for improvements.
Most commercial real estate investments are made by an owner contributing an equity portion to a project, but a majority of the total costs are funded through debt that is usually collateralized by the asset (if it’s senior debt). Typical sources of debt include pension and life insurance funds, which could be the life savings of either a tenant or a landlord. When landlords are unable to meet their debt obligations, the cascading effects don’t stop at their coffers, but trickle down to all Americans. Not making rent payments could derail future opportunities for many, including someone’s retirement age.
Karmely added “The real pandemic to hit New York City multifamily was the legislature that strangled the landlords in this business,” which will continue to make Florida’s real estate investment climate more attractive. Multifamily product in New York City has been trading between 3-5% cap rate, depending on the neighborhood. The low trading cap rates for core product has made some investors nervous about paying such a premium for an asset that the New York government has so much control over.
Another risk for New York investors is that South Florida’s pricing for comparative rental and condo inventory is cheaper than it’s NYC counterpart, while providing higher quality-of-life with more space and building amenities. From an investment perspective, it is also easier to manage assets in Florida where there is no government-enforced rent control, rent stabilization, or near-impossible eviction procedures for delinquent tenants.
Opportunities on the Horizon
The cure to the virus is causing an economic calamity that is hitting everybody and everything, which means opportunities will be on the horizon three to four months from now when property owners' cash reserves run dry, especially for retail and restaurant real estate assets.
Many have posited, is the cure worse than the virus? How long can residential and commercial tenants pay their rent amid an economic shutdown? Will we be able to produce our way out of a recession with unemployment in the double digits? Likely not - Uncle Sam will be waiting in the shadows with hand outstretched to collect his dues. As we all sit on the sidelines, awaiting our fates, the solution appears to be a function of time.
“My biggest concern is that we were hit with an 11 magnitude earthquake, and we all got knocked down. Unfortunately, after a major earthquake in coastal areas there is a tsunami. My concern is how are these small businesses supposed to remain open and sustain themselves for the next six to eight months unless something material is done by the federal government? Who’s going to hire those 30 million unemployed people back? If you ask me why I can’t sleep at night, that’s what I’m really concerned about,” opined Tate to cheers of “Jimmy Tate for President!”
-- Special reporting by the PROFILEmiami Team. Isabella Zimmermann, Katya Demina and Demetri Demascus contributed to this article.
Residents at Icon Brickell Host Parties As David Guetta Plays "United At Home" Set On Pool Deck Despite COVID-19 Social Gathering LIMits
In what was supposed to be an evening of fundraising and hope, a backlash has now swept through the Miami community. On April 18 David Guetta teamed up with the Miami Downtown Development Authority to host a 2 hour “United at Home” fundraising concert on the pool deck of Icon Brickell.
In what was supposed to be an evening of fundraising and hope, a backlash has now swept through the Miami community. On April 18 David Guetta teamed up with the Miami Downtown Development Authority to host a 2 hour “United at Home” fundraising concert on the pool deck of Icon Brickell. The event raised over $6 million with over 30,000 listeners on instagram and in many ways was a huge success. Unfortunately many residents hosted parties in violation of Miami-Dade’s 10 person social gathering limit, issued by County Mayor Carlos Gimenez to help stop the spread of COVID-19, the effects of which have wreaked havoc on Florida’s economy. In one example videos have emerged with the help of the popular instagram account @OnlyInDade of a Miami entrepreneur hosting a large party on his balcony with guests not practicing social distancing and most wearing no masks and no gloves. The backlash in the comments on the instagram post has continued to grow as Brickell and Downtown Miami residents are enraged that they are now exposed to the dangers of the virus continuing to spread in their community. In March, hotels, restaurants, bars and nightclubs were ordered shut down in an effort to stop Florida from growing into a hotbed of infection. Parties have been identified as one of the major ways that COVID-19 has spread rapidly across the United States, at least 2 deaths have been reported from attendees who contracted the virus at the Winter Party Festival in Miami Beach in March.
The State of Florida is working hard to open up the states economy and get residents back to work. On Friday April 17 governor Ron Desantis gave the green light for some beaches and parks to reopen including in Jacksonville, but not Miami-Dade, which is one of the most populated regions in the state. The beaches which have opened allow walking, biking, hiking, fishing, running, swimming and surfing. They are only open from 6 AM to 11 AM and 5 PM to 8 PM. with gatherings of 50 people still prohibited state wide and proper social distancing practiced. Florida has over 23,300+ diagnosed cases of COVID-19 including 7,459+ in Miami-Dade, 3,177+ in Broward County and 1,704+ in Palm Beach County.
Tracking COVID-19 By The Numbers: Breaking News In South Florida
(Last Updated 6:14 AM 3/27/2020):
BREAKING:
City of Miami officials have announced a curfew for its residents that will begin Friday night. According to officials, all residents must be indoors from 10 p.m. until 5 a.m. (3/27/2020)
Miami-Dade Mayor Issues Executive Order Closing All Non-Essential Business 9 PM Thursday. (3/20/2020)
All U.S. Citizens traveling around the world should return home ASAP or be prepared to stay abroad for an indefinite period. (3/19/2020)
Continue to check back for updates to below as we continue to track COVID-19 across South Florida:
Stats:
Number of Cases in Florida: 830+ (3/23/2020)
Fatalities in Florida: 13+ (3/23/2020)
Number of Global Cases: 351,000+ (3/23/2020)
Global Fatalities: 15,321+ (3/23/2020)
Number of U.S. Cases: 35,075+ (3/23/2020)
Fatalities in the U.S.: 458+ (3/23/2020)
Miami-Dade County:
Miami-Dade County # Cases: 2900+ (3/27/2020)
BREAKING: Miami-Dade Mayor Issues Executive Order Closing All Non-Essential Business (3/20/2020)
CONFIRMED CASES IN BRISTOL TOWER BRICKELL & SOHO BEACH HOUSE (3/19/2020)
Officials have ordered the closure of all restaurants, bars, movie theaters, concert houses, auditoriums, playhouses, clubs, gyms, arcades, bowling alleys, etc. which will go into effect 11 PM Tuesday. All grocery stores, pharmacies, take-out and delivery services will remain open at this time (3/17/2020)
All bars and nightclubs will be closed for 30 days.
Restaurants will only be able to operate at half capacity.
Exceptions granted if they have a capacity of 10 people or less.
Mayor Carlos Jimenez signed the emergency order, but remains in self-quarantine after being exposed to a Brazilian government official who tested positive following a visit to South Florida.
Miami-Dade Public Schools are now closed through at least April 15. (3/19/2020)
Miami-Dade Public Schools have closed this week and next. (3/16/2020)
Key Biscayne and North Miami Beach have implemented curfew between 10 PM and 5 AM (3/19/2020)
Officials have closed the beach from 5th to 15th Street, including Lummus Park.
All city parking garages are closed to non-residents.
In addition, all non-essential retail stores will be required to close at 10 p.m. daily. (3/16/2020)
Businesses excluded from this directive include: Pharmacies, grocery stores, convenience stores, private offices, banks, hotels, hospitals, medical service providers, medical supply stores, hardware stores, gasoline service stations and automotive supply and repair centers.
An entertainment district curfew will go into effect at 11 p.m.
All restaurants are asked to keep occupancy at 50% or less, and have under 250 people in each establishment at any given time.
Ultra Music Festival has been cancelled.
Miami Music Week has been cancelled.
ArtScape Concert has been cancelled.
The Miami Open Tennis Tournament has been cancelled.
University of Miami & FIU have moved classes online until the end of the spring semester. (3/20/2020)
University of Miami Spring Commencement postponed until December. (3/20/2020)
The Hardrock Seminole Hotel & Casino has suspended entertainment operations.
Calle Ocho Festival has been cancelled.
Mayor Francis Suarez has confirmed that he has COVID-19.
Broward County:
Broward County # Cases: 180+ (3/23/2020)
Broward County Public Schools are now closed through at least April 15. (3/19/2020)
Officials have closed the beach from Harbor Beach to Oakland Park Boulevard.
Restaurants and bars must close by 10 p.m.
Restaurants and bars are asked to operate at 50% capacity and have no more than 250 people at any time.
The Tortuga Music Festival, which was set to run from April 17-19, has been postponed.
The Wharf Fort Lauderdale is closed until further notice.
The listed measures will remain in effect until April 12.
Palm Beach County:
Palm Beach County # Cases: 59+ (3/23/2020)
Town of Palm Beach implements curfew until further notice from 9 P.M. - 6 A.M. (3/18/2020)
Palm Beach County Public Schools are now closed through at least April 15. (3/19/2020)
Beaches will be closed on Tuesday 3/17/2020
Nursing Homes and Assisted Living Facilities are closed to visitors.
Drive-through testing underway at FoundCare (2330 S. Congress Ave, West Palm Beach - call 561-967-0365 to see if you qualify and for appointments)
National:
BREAKING: The Federal Government has passed a $2.2 trillion stimulus package.
United States of America # Cases: 35,075+ (3/23/2020)
United States of America Fatalities: 458+ (3/23/2020)
Income tax filing deadline moved to July 15 (3/20/2020)
Foreclosures and HUD evictions have been halted for 60 days.
CDC recommends ban on gatherings of 10+ people.
The Players Championship was cancelled & PGA Tour is suspended.
NBA, NHL, MLB and MLS have suspended their seasons.
All ski resorts have closed.
Miami-Dade Orders All Hotels And Short-Term Rentals To Shut Down Due To COVID-19
Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. The announcement comes as Miami’s next step in curbing the spread of COVID-19 which has now surpassed 560 cases in Florida and over 123 in Miami-Dade.
Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. The announcement comes as Miami’s next step in curbing the spread of COVID-19 which has now surpassed 560 cases in Florida and over 123 in Miami-Dade. The move also comes to help dissipate the spring break crowds, many of whom have written off any care of the virus and are in Miami “to party.”
“Our hotels have always been the lifeblood of our economy, so shuttering them is not something to do impulsively. But right now, as painful as it may be, the reality is we just cannot be a tourist destination,” said Miami Beach Mayor Dan Gelber. “Attracting visitors and tourists is just utterly incompatible with social distancing. For the many amazing operators and employees who are impacted, and the families that rely upon them, we are so sorry that you will feel this most acutely and we will advocate for whatever relief will be available at the state and federal level. These decisions were made collaboratively with County Mayor Gimenez, our City Manager Jimmy Morales and after input from all of our Miami Beach City Commissioners.”
The closures will apply to all hotels, motels, apartment-hotels, hostels, dormitories, and vacation and short-term rentals in Miami-Dade County. Miami Beach will also enforce a curfew from 12 A.M. to 5 A.M. Acqualina Resort in Sunny Isles Beach and Coral Gables’ historic Biltmore Hotel both closed in advance of the announcement as reports of layoffs in the hotel and hospitality industry continue to grow. Last week Miami-Dade Mayor Carlos Gimenez issued an executive order to shut down all non-essential business’ including restaurants, retail stores, nightclubs, casinos, gyms, public parks and beaches.
South Florida COVID-19 Update (Last Updated: 3/23/2020)
Unfortunately there is just no avoiding it, COVID-19, also known as the Coronavirus is here in Miami and spreading. The Cities of Miami Beach and Fort Lauderdale addressed the public regarding new measures taken due large spring break crowds and ongoing concerns over COVID-19 outbreak.
(Last Updated 10:39 AM 3/23/2020):
BREAKING:
Miami-Dade Mayor Issues Executive Order Closing All Non-Essential Business 9 PM Thursday. (3/20/2020)
All U.S. Citizens traveling around the world should return home ASAP or be prepared to stay abroad for an indefinite period. (3/19/2020)
Continue to check back for updates to below as we continue to track COVID-19 across South Florida:
Unfortunately there is just no avoiding it, COVID-19, the deadly strain of Coronavirus is here in Miami and spreading. Across the United States, social distancing has become a top priority in the government’s efforts to slow down the spread of the virus. COVID-19 spreads through droplets that can extend out six feet from the body via cough or sneeze. The White House has advised the public to avoid gathering in groups of more than ten people and has asked municipalities where the virus has spread to close public places such as bars and restaurants.
The Cities of Miami Beach and Fort Lauderdale addressed the public regarding new measures taken due to large and rowdy spring break crowds and ongoing concerns over COVID-19 outbreak. Miami Beach is closing beaches, limiting hours at restaurants and has enforced a curfew that will be going into effect in Miami Beach's entertainment district starting at 10 p.m.
“It simply can’t be business as usual in our City,” said Miami Beach Mayor Dan Gelber. “COVID-19 is a threat as much here as anywhere. We simply cannot endure these kinds of gatherings and crowds. Our measures are intended to send a clear message that Spring Break is cancelled and that everyone, even young people home from school, need to embrace these health and safety concerns. We are proud of our hospitality industry, and concerned with the toll it will have on our businesses and workers but we cannot elevate those concerns above very real health risks.”
“I want to be clear, this isn’t an overreaction, but a way to stop further cases of COVID-19 in our community,” Fort Lauderdale Mayor Dean Trantails said. “We must all do our part to save the lives of our residents, visitors and first responders.”
Remember, the majority of infections are mild. 81% will experience flu-like symptoms, 14% will experience severe symptoms and only 5% will need intensive care. The mortality rate is below 3%. The most important thing you can do is think about the others that you may affect if you become a carrier. If you suspect you have been exposed to someone with the virus or are showing symptoms, then you should self-quarantine yourself immediately for 14 days. You should limit your exposure to the elderly or those with pre-existing conditions. Governor Ron DeSantis previously acknowledged that Florida is experiencing "community spread," so taking the time to limit your exposure to others will help keep you healthy, others healthy and curb the nations growing public health crisis.
"It is a very uncertain time, especially in the real estate world. You having so many moving parts, whether it is lost time and rising construction costs in development or commission based pay many that realtors rely on getting held-up as society grinds to a halt," said Demetri Demascus, Editor of PROFILEmiami and a local real estate investor, developer and broker. "Everything is a chain reaction. If tenants cannot pay their rent, will a landlord be able to pay their employees or their own bills? We have to be extremely cautious about how we proceed across all aspects of life and business right now.”
While many businesses with lots of interaction between the staff and customers have had to shutter for the time being in order to protect customers and employees, in other cases, local business’ have been taking measures to keep business as usual while also keeping their office and employees safe, sanitary and healthy.
"We are monitoring the Coronavirus situation closely, and will continue to do so as the situation evolves. In the meantime, we have asked our team to put their health and safety first as not only will this help keep our team safe, but our families as well. We have also asked for all non-essential travel plans to be delayed, all team-members to practice good hygiene, stay home if they are sick and we have increased sanitization frequency of our office," said Jacques Bessoudo, Managing Partner of Galium Capital, a Miami-based Private Equity group focused on investing in commercial real estate.
Stats:
Number of Cases in Florida: 830+ (3/23/2020)
Fatalities in Florida: 13+ (3/23/2020)
Number of Global Cases: 351,000+ (3/23/2020)
Global Fatalities: 15,321+ (3/23/2020)
Number of U.S. Cases: 35,075+ (3/23/2020)
Fatalities in the U.S.: 458+ (3/23/2020)
Miami-Dade County:
Miami-Dade County # Cases: 177+ (3/23/2020)
BREAKING: Miami-Dade Mayor Issues Executive Order Closing All Non-Essential Business (3/20/2020)
CONFIRMED CASES IN BRISTOL TOWER BRICKELL & SOHO BEACH HOUSE (3/19/2020)
Officials have ordered the closure of all restaurants, bars, movie theaters, concert houses, auditoriums, playhouses, clubs, gyms, arcades, bowling alleys, etc. which will go into effect 11 PM Tuesday. All grocery stores, pharmacies, take-out and delivery services will remain open at this time (3/17/2020)
All bars and nightclubs will be closed for 30 days.
Restaurants will only be able to operate at half capacity.
Exceptions granted if they have a capacity of 10 people or less.
Mayor Carlos Jimenez signed the emergency order, but remains in self-quarantine after being exposed to a Brazilian government official who tested positive following a visit to South Florida.
Miami-Dade Public Schools are now closed through at least April 15. (3/19/2020)
Miami-Dade Public Schools have closed this week and next. (3/16/2020)
Key Biscayne and North Miami Beach have implemented curfew between 10 PM and 5 AM (3/19/2020)
Officials have closed the beach from 5th to 15th Street, including Lummus Park.
All city parking garages are closed to non-residents.
In addition, all non-essential retail stores will be required to close at 10 p.m. daily. (3/16/2020)
Businesses excluded from this directive include: Pharmacies, grocery stores, convenience stores, private offices, banks, hotels, hospitals, medical service providers, medical supply stores, hardware stores, gasoline service stations and automotive supply and repair centers.
An entertainment district curfew will go into effect at 11 p.m.
All restaurants are asked to keep occupancy at 50% or less, and have under 250 people in each establishment at any given time.
Ultra Music Festival has been cancelled.
Miami Music Week has been cancelled.
ArtScape Concert has been cancelled.
The Miami Open Tennis Tournament has been cancelled.
University of Miami & FIU have moved classes online until the end of the spring semester. (3/20/2020)
University of Miami Spring Commencement postponed until December. (3/20/2020)
The Hardrock Seminole Hotel & Casino has suspended entertainment operations.
Calle Ocho Festival has been cancelled.
Mayor Francis Suarez has confirmed that he has COVID-19.
Broward County:
Broward County # Cases: 180+ (3/23/2020)
Broward County Public Schools are now closed through at least April 15. (3/19/2020)
Officials have closed the beach from Harbor Beach to Oakland Park Boulevard.
Restaurants and bars must close by 10 p.m.
Restaurants and bars are asked to operate at 50% capacity and have no more than 250 people at any time.
The Tortuga Music Festival, which was set to run from April 17-19, has been postponed.
The Wharf Fort Lauderdale is closed until further notice.
The listed measures will remain in effect until April 12.
Palm Beach County:
Palm Beach County # Cases: 59+ (3/23/2020)
Town of Palm Beach implements curfew until further notice from 9 P.M. - 6 A.M. (3/18/2020)
Palm Beach County Public Schools are now closed through at least April 15. (3/19/2020)
Beaches will be closed on Tuesday 3/17/2020
Nursing Homes and Assisted Living Facilities are closed to visitors.
Drive-through testing underway at FoundCare (2330 S. Congress Ave, West Palm Beach - call 561-967-0365 to see if you qualify and for appointments)
National:
United States of America # Cases: 35,075+ (3/23/2020)
United States of America Fatalities: 458+ (3/23/2020)
Income tax filing deadline moved to July 15 (3/20/2020)
BREAKING: The Federal Government has announced it will issue stimulus checks to qualified families and individuals.
$1,200 Per Adult Making Under $99,000 or $2,400 for Families Who File Jointly (Less Than $1,200 For Those Making More Than $75,000)
$500 Per Child
BREAKING: All U.S. Citizens traveling around the world should return home ASAP or be prepared to stay abroad for an indefinite period. (3/19/2020)
Foreclosures and HUD evictions have been halted for 60 days.
CDC recommends ban on events of 50+ people.
The Players Championship was cancelled & PGA Tour is suspended.
NBA, NHL, MLB and MLS have suspended their seasons.
All ski resorts have closed.
Health & Safety Tips:
Social Distancing: Keep a Six Foot Distance From Others
Try to Stay Home as Much as Possible
Postpone or Cancel Meetings
Wash Hands Frequently for 30 Seconds and Use Hand Sanitizer
Support Local Businesses: Buy Gift Cards to Use for Later
Wipe Down Gym Equipment Before & After Use
Take Vitamin C and Other Immune Boosters
Cover your mouth when you cough or sneeze. Wash your hands after.
Do Not Stock Up On Toilet Paper. It is a domestically manufactured good.
Only Wear a Mask If You Are Infected.
Fouquet’s Hotel & Residences, Miami Design District has unveiled more than 40,000 square feet of amenities designed by RDAI, the Paris-based studio behind Hermès stores worldwide. The 143-residence development pairs rooftop leisure and wellness spaces with direct access to an 85-key Fouquet’s hotel.