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    California Asks Insurers to Spare Wildfire Victims ‘the List’

    The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in their destroyed homes.California’s top insurance regulator urged insurance carriers on Thursday to pay policyholders the full amount of the belongings in their coverage without requiring them to itemize every object lost — an undertaking that has burdened thousands of residents whose homes were destroyed by wildfires last month.In a notice that said policyholders are “overwhelmed,” Ricardo Lara, California’s insurance commissioner, gave insurance companies a deadline of Feb. 28 to inform the state agency on whether they would comply.Consumer advocates have long criticized the demand by many insurance carriers that homeowners to make detailed lists if they hope to get their full coverage amount.The stress is compounded in places like California’s burn zone, where many families are scrambling to find new places to live and new schools for their children. The monumental task of remembering all items inside a home that no longer exists is adding unbearable strain, said Michael Soller, the deputy insurance commissioner, in an interview.Mr. Soller said he and his colleagues continue to hear from homeowners about “the agony of having to go through the process of filling out an inventory after you just lost everything.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    In Fight Over San Francisco Building, Bitcoin Pioneer Is Rejected by Democratic Elite

    A Bitcoin pioneer’s apartment purchase was rejected by the building’s residents after he was in escrow. The sellers — including a powerful Democrat — say they don’t care about his politics.In San Francisco, it is informally called “Susie’s Building” in deference to the owner of the 12th-floor penthouse with wraparound views of the bay. Susie Tompkins Buell, a power broker in Democratic politics, is known for throwing lavish fund-raising parties and writing checks so large they can start a campaign.A who’s who of the Democratic Party has made a point of stopping by over the years. Bill and Hillary Clinton. Barack Obama. Kamala Harris. Nancy Pelosi. The political elite in San Francisco still recall the time Mr. Clinton’s Secret Service agents got trapped in Ms. Tompkins Buell’s elevator and had to be rescued by firefighters.In other words, the Pacific Heights tower built in the 1920s is not the sort of place where you would expect to find an acerbic, conservative cryptocurrency executive with a fondness for President Trump and Elon Musk.Nonetheless, Jesse Powell wanted in.Mr. Powell, an early Bitcoin proponent and the founder of the cryptocurrency exchange Kraken, had his heart set on unit No. 9 and its sprawling 3,500 square feet three levels below Ms. Tompkins Buell’s penthouse. The living room’s picture windows offer stunning views of the sparkling bay, the Golden Gate Bridge and Alcatraz Island.He could have figured there would be problems, given his conservative politics and his past. But what would unfold wasn’t just a feud between a co-op board and a buyer whose reputation preceded him. The dispute in Susie’s Building would lead to a lawsuit this week and would become the latest political skirmish in a polarized nation.Jesse Powell, the founder of the cryptocurrency exchange Kraken, said he believed residents of a San Francisco co-op rejected his purchase of a unit in their building because of his political views.David Paul Morris/BloombergWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Harlem House Where Billie Holiday Lived Is Damaged in Fire

    The jazz legend lived in the five-story building on West 139th Street as a teenager with her mother.A four-alarm fire on Wednesday evening severely damaged a building in Harlem where the jazz legend Billie Holiday once lived.The Fire Department said it received the call at about 9 p.m. and extinguished the fire, which spread through all five floors of the building, shortly before 1 a.m. on Thursday morning. No civilians were injured, though four firefighters sustained minor injuries. The cause of the fire is under investigation.“Due to the structural stability of this building, as it was vacant for many years and the amount of fire, we had to pull our members out of the building and go to an exterior fire attack,” Kevin Woods, the Fire Department’s chief of operations, said in a news conference.A portrait of Billie Holiday at Carnegie Hall in 1946.Heritage Images, via Getty ImagesThe building is owned by the city’s Department of Housing Preservation and Development, which is responsible for maintaining the quality and affordability of housing, among other duties.“Even before the fire, HPD had been actively working with our partners to plan the complete rehabilitation of this building through our preservation programs, relocating tenants to safer housing as part of that process,” Natasha Kersey, a spokeswoman for the Department of Housing Preservation and Development, said in an emailed statement to The Times.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    She Invested in Her Future and Her Family. Which Property Would Work for Both?

    Tabitha Jones can’t sit still. A compliance director for a financial firm, she has also coached volleyball, led wellness retreats, hosted pop-up luxury picnics and made a real estate career in the Bronx and lower Westchester County, N.Y.Ms. Jones, 38, didn’t intend to become a part-time real estate agent, but when she bought her first property in Westchester County a decade ago — a home for herself, her mother and her younger brother — everyone was so impressed with her diligence on the deal that they urged her to consider being the agent next time.[Did you recently buy a home? We want to hear from you. Email: thehunt@nytimes.com]Always professionally curious, she took on an administrative role at a brokerage in White Plains, N.Y., on weekends. Since getting her license in 2016 and joining Keller Williams as an agent, she has worked mostly with first-time buyers, friends and acquaintances. Now an experienced investor and agent, she enjoys teaching others.“She just wants to elevate,” said her brother, Christian Jones, 30.Ms. Jones recently started a real estate investing club with a group of like-minded friends, all 35-to-40-year-old Afro-Latina women from the Bronx looking to invest in their home borough, which she believes is “the next big thing.”“There are going to be investors coming in, and they’re going to start taking over the neighborhoods,” she said. “Why can’t we be those investors?”Her goal is to own five properties. To reach it, she said, “you need to be willing to sacrifice.” She’s grateful to have a job in the finance industry (and her side gigs), and she doesn’t spend money on clothes, shoes or gadgets. Her phone is a hand-me-down, and she wouldn’t replace her car until “the wheels literally fell off.”Last year, Ms. Jones wanted to purchase her third property, ideally in the Bronx or nearby, which her brother could potentially occupy. He’d been living in a rental in the borough, finding himself after their father’s death, unsure of his next move. For the longer term, she sought a solid investment property that would be easy to rent out and could be a flexible asset, so she looked at everything from condos to multifamily homes to small mixed-use buildings.“I’m always looking,” Ms. Jones said. “I’m always in that head space.”Among her options:Find out what happened next by answering these two questions: More

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    Note to Democrats: It’s Time to Take Up Your Hammers

    I would prefer to live in a world where the recent news that more than 146,000 New York City schoolchildren experienced homelessness during the last school year was regarded as a crisis demanding immediate changes in public policy. But if helping children isn’t enough to move New York’s political leaders to action — and, by all indications, it most certainly is not — they might consider doing it for the sake of the Democratic Party.There is a straight line from homeless schoolchildren to Donald Trump’s election victory.Homelessness is the most extreme manifestation of the nation’s housing crisis. America simply isn’t building enough housing, which has driven up prices, which has made it difficult for millions of households to keep up with monthly rent or mortgage payments. Every year, some of those people suffer at least a brief period of homelessness.Popular anger about the high cost of housing, which is by far the largest expense for most American households, helped to fuel Mr. Trump’s comeback. He recorded his strongest gains compared with the 2020 election in the areas where living costs are highest, according to an analysis by the Economic Innovation Group, a nonpartisan think tank.The results are more than a backlash against the party that happened to be in power. The animating principle of the Democratic Party is that government can improve the lives of the American people. The housing crisis is manifest proof that government is failing to do so. And it surely has not escaped the attention of the electorate that the crisis is most acute in New York City, Los Angeles and other places long governed by Democrats.Republicans promise to cut taxes and they cut taxes. Democrats promise to use tax dollars to solve problems and one in eight public school students in New York experienced homelessness last year. It is the ninth straight year the number of homeless schoolchildren in New York topped 100,000.The good news is that Democrats still have the power to do better. While the party will soon be sidelined in Washington, it is primarily local and state laws that impede home building, including zoning laws that limit development, building codes that raise costs and local control measures that give existing residents the power to prevent growth.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Millions of Movers Reveal American Polarization in Action

    Aside from their political views, Joshua Fisher and Ryan Troyer have a lot in common. In 2020, they lived across the street from each other in Sioux Falls, S.D. They are both white men of a similar age. Mr. Fisher, 42, is an auto technician; Mr. Troyer, 39, is a sanitation worker. They are both […] More

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    How to Sell a Haunted House (or Not)

    Even the most skeptical real estate agents say they think twice about the existence of ghosts, especially after unusual encounters.A real estate agent, Mike Fabbri, still remembers the chill of opening the door of an apartment near Washington Square Park in Manhattan.His client, a media planner in her mid-20s, was on the hunt for a quiet, one-bedroom in Greenwich Village. She walked in and immediately walked out. “She said, ‘I’m fine with a nice ghost, but I felt really evil energy in that apartment,’” Mr. Fabbri recalled.He sympathized. “I said, ‘You know, there are things you can change in an apartment, like the wallpaper. But you can’t change an evil spirit or a demon without priests. Let’s move on.’”Mr. Fabbri helped her find what he called a “charming” unit in a prewar co-op. No ghosts.Haunted houses, if one believes, can be problematic for real estate agents. The New York Times talked to agents who have embraced the macabre or have at least learned how to navigate it, as believers themselves or as sympathizers.They are the kind of agents who confess to would-be buyers that something might be amiss — an acknowledgment that many agents are not necessarily bound to. According to a 2023 Zillow analysis of state laws, only Massachusetts, Minnesota, New Jersey and New York require agents to disclose suspected haunting or paranormal activity.Some houses considered “stigmatized” are the sites of grisly murders or criminal operations. Others have been rumored to harbor ghosts. The rumors aren’t always just rumors, in the experience of Cindi Hagley, a real estate agent in the San Francisco Bay Area.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Residents of a Mobile Home Park Join Forces to Buy Their Community

    The residents are the first in the state of Maine to successfully utilize a new law making it easier for them to compete with investors and gain ownership of the land their homes sit on.Manufactured houses, widely known as mobile homes, are one of the most affordable options for homeownership in the United States, but they typically come with a big risk: You own the house; you don’t own the lot it sits on.That has made mobile home parks ripe targets for investors, who buy communities and then increase the lot rents to boost profits. It’s a massive industry: manufactured homes account for approximately one in 10 new single-family homes in the United States, according to a 2023 report by the Manufactured Housing Institute trade organization.To curb investor involvement, the state of Maine ushered in a new law last year that requires mobile home park owners to give advance notice to residents if they intend to sell, giving the community members a chance to buy it themselves.Linnhaven Mobile Home Center is a community of nearly 300 occupied homes in Brunswick.Tristan Spinski for The New York TimesNow, it’s the largest resident-owned community in Maine.Tristan Spinski for The New York TimesOn Oct. 10, the residents of Linnhaven Mobile Home Center, a community of nearly 300 occupied homes in Brunswick, became the first to succeed in utilizing the new law. They paid $26.3 million to buy the property from their landlord by cobbling together loans and grants from several sources, including the state and the town of Brunswick.Now, it’s the largest resident-owned community in Maine, giving hope to other owners of manufactured homes. Several other states also have similar laws in place, including Connecticut and New York.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More