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New Yorks wobbly office market, limping from a record-high 20% vacancy rate and loss of some tenants to lower-tax South Florida, has more competition to worry about: Boca Raton.

The once-sleepy Sunshine State city of 100,000 between Fort Lauderdale and West Palm Beach is surging with new office development and amenities to support it.

Boca Raton is more complex and varied than visitors sometimes glean from its repetitive, gated residential communities, or its old reputation as a retirement town filled with geezers in golf carts. Its Atlantic Ocean waterfront now thrives with luxury condo towers, restaurants and private clubs that draw a younger clientele.

That transformation is most evident in an area now called Midtown, formerly known as the Golden Triangle, which has become the hub of Boca’s growing finance footprint.

The commercial district — bounded by Yamato Road to the north and Palmetto Park Road to the south, and between Interstate 95 to the east and St. Andrews Boulevard to the west — is home to 38 NYSE — and Nasdaq-listed companies.

Leasing at Bocas 13 million square feet of offices topped 525,000 square feet in 2023, easily besting  343,000 square feet in Fort Lauderdale and 126,000 square feet in West Palm Beach.

The momentum continued into 2024 with six new leases at the  Boca Raton Innovation Campus (BRIC), a former IBM facility a short distance from Midtown thats undergoing a $100 million project to transform it into more modern offices, places to eat and entertainment venues.

“We continue to see an influx of cutting-edge companies flocking to South Florida in search of flexible, yet turnkey, workspaces to meet the needs of their employees, BRIC general manager Michael Perrette said.

Several new office buildings that are planned or under construction will bring millions more square feet to market in the next few years.

Prominent among them is Midtown Place, a rising, Class-A project with 120,000 square feet of state-of-the-art offices to open next year. A project of Butters Construction & Development, it will bring south Palm Beach County its first new offices in more than a decade.

An existing building, 2 Town Center, was significantly upgraded by owners CP Group two years ago with such Manhattan-style features as prebuilt floors and hybrid meeting spaces. It boasts its own restaurant row.

CP managing partner Angelo Bianco said its more than 60% leased at $45 per square foot to such firms as BMO Harris Bank, Praedium Group, Prudential Financial, Related Companies and Wells Fargo Advisors.

Companies are drawn by what Boca Raton Economic Development manager Jessica Del Vecchio calls a built-in workforce of educated talent.

Del Vecchio summed up the view of some tenants in the post-pandemic world as, We can keep a presence on Wall Street, but we can also relocate to an area that we want to be in —  thats low taxes.

Boca also boasts a stop on the state’s high-speed Brightline service, allowing Miami residents to cut their commute on traffic-clogged I-95 to under an hour.

Midtown tenants enjoy proximity to the gargantuan Town Center Mall. With no fewer than five busy department stores —  Saks Fifth Avenue, Nordstrom, Neiman Marcus, Bloomingdales and Macys — and hundreds of high-end shops, it has staved off the bricks-and-mortar retail woes in much of the country.

There is also the Brookfield-owned residential and shopping complex Mizner Park, and now — incongruously for a subtropical climate — Boca Ice, a 73,000 square-foot facility with twin, NHL-size skating and hockey rinks.

Boca also has expanded its options for tourists looking to avoid the hassle of South Beach or the exorbitant prices in West Palm Beach.

A major hotel/resort, the Renaissance Boca Raton, operated by TPG Hotels & Resorts, recently emerged from an extensive renovation with a new, 30,000 square-foot pool deck and conference facilities.

We have owned and operated the property since 2006 and have experienced multiple market cycles and economic shifts,” said Ralph V. Izzi Jr., a spokesman for owner, the Procaccianti Companies.

“The current resurgence of Midtown Boca has been remarkable to say the least. Post-COVID demand in leisure and business travel, combined with evolving consumer preferences were key factors in our decision to invest so aggressively in the property.

The Boca eating scene is on an upswing everywhere. 

A large outpost of popular and critically praised steakhouse Meat Market is not owned by the Renaissance but is attached to the hotel and also operates a poolside cocktails-and-snacks bar.    

Meanwhile, New York restaurateur Dean Poll opened a branch of his famed Gallaghers steakhouse last fall. He said he chose the location because its in the middle of the corporate center with millions of square feet of offices. Hotels within a half mile mostly cater to business travelers.

He and partner Ken Langone were so confident, We built two dining areas that are able to be made into private rooms.

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Fourteen children arrested on suspicion of manslaughter over Gateshead fire released on bail

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Fourteen children arrested on suspicion of manslaughter over Gateshead fire released on bail

All 14 children arrested on suspicion of manslaughter after a boy died in a fire have been released on police bail, officers said.

Layton Carr, 14, was found dead near the site of a fire at Fairfield industrial park in the Bill Quay area of Gateshead on Friday.

Northumbria Police said on Saturday that they had arrested 11 boys and three girls in connection with the incident.

In an update on Sunday, a Northumbria Police spokesman said: “All those arrested have since been released on police bail pending further inquiries.”

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Teenager dies in industrial estate fire

Firefighters raced to the industrial site shortly after 8pm on Friday, putting out the blaze a short time later.

Police then issued an appeal for Carr, who was believed to be in the area at that time.

In a statement on Saturday, the force said that “sadly, following searches, a body believed to be that of 14-year-old Layton Carr was located deceased inside the building”.

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David Thompson, headteacher of Hebburn Comprehensive School, where Layton was a pupil, said the school community was “heartbroken”.

Mr Thompson described him as a “valued and much-loved member of Year 9” and said he would be “greatly missed by everyone”.

He added that the school’s “sincere condolences” were with Layton’s family and that the community would “rally together to support one another through this tragedy”.

A fundraising page on GoFundMe has been set up to help Layton’s mother pay for funeral costs.

Pic: Gofundme
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Pic: Gofundme

Organiser Stephanie Simpson said: “The last thing Georgia needs to stress trying to pay for a funeral for her Boy Any donations will help thank you.”

One tribute in a Facebook post read: “Can’t believe I’m writing this my nephew RIP Layton 💔 forever 14 you’ll be a massive miss, thinking of my sister and 2 beautiful nieces right now.”

Detective Chief Inspector Louise Jenkins, of Northumbria Police, also said: “This is an extremely tragic incident where a boy has sadly lost his life.”

She added that the force’s “thoughts are with Layton’s family as they begin to attempt to process the loss of their loved one”.

They are working to establish “the full circumstances surrounding the incident” and officers will be in the area to “offer reassurance to the public”, she added.

A cordon remains in place at the site while police carry out enquiries.

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Football bodies could be forced to pay towards brain injury care costs of ex-players

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Football bodies could be forced to pay towards brain injury care costs of ex-players

Football bodies could be forced to pay towards the care costs of ex-players who have been diagnosed with brain conditions, under proposals set to be considered by MPs.

Campaigners are drafting amendments to the Football Governance Bill, which would treat conditions caused by heading balls as an “industrial injuries issue”.

The proposals seek to require the football industry to provide the necessary financial support.

Campaigners say existing support is not fit for purpose, including the Brain Health Fund which was set up with an initial £1m by the Professional Footballers’ Association (PFA), supported by the Premier League.

But the Premier League said the fund has supported 121 families with at-home adaptations and care home fees.

From England‘s 1966 World Cup-winning team, both Jack and Bobby Charlton died with dementia, as did Martin Peters, Ray Wilson and Nobby Stiles.

Neil Ruddock speaks to Sky's Rob Harris outside parliament
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Neil Ruddock speaks to Sky’s Rob Harris outside parliament

Ex-players, including former Liverpool defender Neil Ruddock, went to parliament last week to lobby MPs.

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Ruddock told Sky News he had joined campaigners “for the families who’ve gone through hell”.

“A professional footballer, greatest job in the world, but no one knew the dangers, and that’s scary,” he said.

“Every time someone heads a ball it’s got to be dangerous to you. You know, I used to head 100 balls a day in training. I didn’t realise that might affect my future.”

A study co-funded by the PFA and the Football Association (FA) in 2019 found footballers were three and a half times more likely to die of a neurodegenerative disease than members of the public of the same age.

‘In denial’

Among those calling on football authorities to contribute towards the care costs of ex-players who have gone on to develop conditions such as Alzheimer’s and dementia is Labour MP Chris Evans.

Mr Evans, who represents Caerphilly in South Wales, hopes to amend the Bill to establish a care and financial support scheme for ex-footballers and told a recent event in parliament that affected ex-players “deserve to be compensated”.

Greater Manchester Mayor Andy Burnham, who helped to draft the amendment, said the game was “in denial about the whole thing”.

Mr Burnham called for it to be seen as “an industrial injuries issue in the same way with mining”.

In January, David Beckham lent his support to calls for greater support for footballers affected by dementia.

One of the amendments says that “the industry rather than the public should bear the financial burden”.

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A spokesperson for the FA said it was taking a “leading role in reviewing and improving the safety of our game” and that it had “already taken many proactive steps to review and address potential risk factors”.

An English Football League spokesperson said it was “working closely with other football bodies” to ensure both professional and grassroots football are “as safe as it can be”.

The PFA and Premier League declined to comment.

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Terror arrests came in context of raised warnings about Iran, with ongoing chaos in its own backyard

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Terror arrests came in context of raised warnings about Iran, with ongoing chaos in its own backyard

These are two separate and unrelated investigations by counter-terror officers.

But the common thread is nationality – seven out of the eight people arrested are Iranian.

And that comes in the context of increased warnings from government and the security services about Iranian activity on British soil.

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Counter terror officers raid property

Last year, the director general of MI5, Ken McCallum, said his organisation and police had responded to 20 Iran-backed plots presenting potentially lethal threats to British citizens and UK residents since January 2022.

He linked that increase to the ongoing situation in Iran’s own backyard.

“As events unfold in the Middle East, we will give our fullest attention to the risk of an increase in – or a broadening of – Iranian state aggression in the UK,” he said.

The implication is that even as Iran grapples with a rapidly changing situation in its own region, having seen its proxies, Hezbollah in Lebanon and Hamas in Gaza, decimated and itself coming under Israeli attack, it may seek avenues further abroad.

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The government reiterated this warning only a few weeks ago, with security minister Dan Jarvis addressing parliament.

“The threat from Iran sits in a wider context of the growing, diversifying and evolving threat that the UK faces from malign activity by a number of states,” Jarvis said.

“The threat from states has become increasingly interconnected in nature, blurring the lines between: domestic and international; online and offline; and states and their proxies.

“Turning specifically to Iran, the regime has become increasingly emboldened, asserting itself more aggressively to advance their objectives and undermine ours.”

Read more:
Anybody working for Iran in UK must register or face jail, government announces

As part of that address, Jarvis highlighted the National Security Act 2023, which “criminalises assisting a foreign intelligence service”, among other things.

So it was notable that this was the act used in one of this weekend’s investigations.

The suspects were detained under section 27 of the same act, which allows police to arrest those suspected of being “involved in foreign power threat activity”.

Those powers are apparently being put to use.

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