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Month: March 2024

The Savings Game: What to consider when investing in rare books and manuscripts

The Savings Game: What to consider when investing in rare books and manuscripts

If you are a bibliophile, you may want to consider collecting rare books and manuscripts, which have active markets. For example, in 2022, book and paper auction sales totaled $1.06 billion, according to Rare Books Hub.

One advantage of investing in this field is diversification. As you know, the values of equities, bonds and cryptocurrencies can be extremely volatile, while investment in books is likely to be more stable.

A good first step is to visit a variety of bookstores, book fairs, reputable dealers and experts in the field. For example, if you visit a bookstore, ask the owners how they got into the business, what specific areas they are most interested in, and how they determine which parts of the market are likely to be most the promising in the future.

This is an investing area in which you would be taking a long-term approach. If you are the type of investor fascinated with short-term trading and buying and selling stocks with quick turnovers, rare books are not the type of investment you are likely to do well with. read more

Farmers say Florida bill could help bring in more foreign workers

Farmers say Florida bill could help bring in more foreign workers

TALLAHASSEE — Florida’s agriculture industry hopes that a newly passed bill designed to limit local regulations on farmworker housing will bolster efforts to bring in more non-immigrant foreign workers.

The bill (SB 1082), which lawmakers unanimously passed, would prevent cities and counties from taking steps to “inhibit” housing construction for farmworkers on agricultural land. The bill has not been sent to Gov. Ron DeSantis, who can sign, veto or allow the legislation to become law without his signature.

The industry says some growers have cut back on planting this year, and might again next year, in part because of a labor shortage related to the state’s crackdown on undocumented migrants.

The bill could help with bringing in temporary, non-immigrant foreign workers through what is known as the federal H-2A visa, which places housing requirements on employers.

“There are some farmers who did not plant as much this season because they couldn’t get the workers they needed,” said Jim Spratt, a lobbyist for the Florida Ag Coalition. “One of the big reasons they couldn’t is they could not secure housing quick enough or at the level they needed for the number of guest workers they needed.” read more

Developer proposes huge entertainment complex near Disney

Developer proposes huge entertainment complex near Disney

One of the worst blighted areas in Orlando’s tourism corridor could be transformed into a sprawling new entertainment district called Ovation with luxury hotels, dining and attractions, including a 175-foot-tall Ferris wheel that can be seen from Interstate 4.

“It’s going to be very cool,” said Bill Shewalter, vice president of development for Meyers Group, which wrapped up more than two years of planning to create the Ovation master plan on a 77-acre abandoned hotel site at the I-4 interchange with U.S. Highway 192 in Kissimmee.

The developer filed the site plan with Osceola County earlier this week for a compliance review. It’s the first step for projects in the county’s W192 tourism corridor. Shewalter told GrowthSpotter that Meyers plans to develop the entire project in one phase.

Owned by Fortuna Realty in New York, the one-time Hyatt resort is in a prime location across from Celebration and just minutes from Disney World.

“It’s a location and a project that seems to attract all the big names that you want versus kind of what’s currently available in Orlando — and there’s a lot of good stuff, but nothing quite like this,” Shewalter said. read more