Latest news with #Lugones
New York Post
15 hours ago
- Business
- New York Post
America's wealthiest neighborhood is probably not where you'd expect it to be
Move over, Beverly Hills – there's a new neighborhood taking the crown as America's most expensive. Gables Estates, a small gated community located in Coral Gables, Florida, has now taken Zillow's top spot for the United States' most expensive neighborhood, based on home value data over the last 12 months. Advertisement The neighborhood now tops Beverly Hills, California, long regarded as the pinnacle ZIP code of wealth. 'What makes Gables Estates unique is its privacy, sophistication, and livability, which Beverly Hills doesn't fully offer,' Coral Gables-based CEO and co-founder of Vertical Developments, Fernando de Nunez y Lugones, told Fox News Digital. 'Unlike Beverly Hills, which is known mostly for its name and history, Gables Estates is about the lifestyle and the experience, and that consistently draws ultra-high-net-worth buyers.' Seven of the 10 priciest neighborhoods are located in the Sunshine State, while the remaining three are in California. 'This is a long-term trend, not a blip,' Lugones said. 'I remember reading last year that Coral Gables actually beat Beverly Hills, and it makes sense. Buyers and businesses are relocating here for lifestyle, taxes and the overall environment. South Florida is increasingly becoming known as Wall Street South, and Coral Gables stands out for its walkability, amenities, and culture. Markets may fluctuate, but the appeal of space, security, and community remains strong.' Advertisement Zillow's home value index is 'designed to capture the value of a typical property across the nation or the neighborhood,' its website states, by using metrics such as sales transactions, tax assessments, public records, square footage, and location. 5 Gables Estates, a small gated community located in Coral Gables, Florida, has now taken Zillow's top spot for the United States' most expensive neighborhood, according to reports. LightRocket via Getty Images The greater Miami area has experienced an influx of wealth migrating in the post-COVID era. Between 2017 and 2022, more than $14 billion in income flocked to Florida, with more than $9.2 billion going to Palm Beach, Broward, and Miami-Dade counties. Advertisement Additionally, Henley & Partners World's Wealthiest Cities Report for 2025 found that both West Palm Beach and Miami surpassed New York City as the world's fastest-growing wealth hubs. West Palm saw a 112% increase in millionaire growth over the last decade, while Miami saw a 94% increase. Gables Estates is an exclusive waterfront community that features luxurious mansions, lush landscaping, and a canal system that connects directly to Biscayne Bay. The neighborhood began development in the 1920s, and now includes an estimated 160 to 180 properties. Advertisement 5 'What makes Gables Estates unique is its privacy, sophistication, and livability, which Beverly Hills doesn't fully offer,' Coral Gables-based CEO and co-founder of Vertical Developments, Fernando de Nunez y Lugones, said. Bloomberg via Getty Images 'We expect even more interest from ultra-luxury buyers looking to move to Coral Gables and the broader Miami area. As more buyers settle here, the neighborhood's reputation as a world-class enclave will only continue to grow,' Lugones noted. Its residents enjoy high-level security with 24/7 armed guards on land and water. Entry into the community means paying a $100,000 non-refundable application fee to the larger Gables Estates Club. Zillow notes that home listing prices often exceed $21 million. 'Coral Gables is naturally self-limiting since there's only so much prime land, which helps protect against overexposure,' Lugones pointed out. 'At the same time, its prestige and careful development standards allow it to handle national attention without compromising lifestyle or value. As long as growth remains measured, Coral Gables can sustain its momentum for decades.' 5 Gables Estates is an exclusive waterfront community that features luxurious mansions, lush landscaping, and a canal system that connects directly to Biscayne Bay, according to reports. Universal Images Group via Getty Images 5 Entry into the community means paying a $100,000 non-refundable application fee to the larger Gables Estates Club. Carlos Barrios America's top 10 most expensive and least expensive neighborhoods can be found below: Most expensive neighborhoods in the U.S.: Advertisement 1. Gables Estates, Coral Gables, FL 2. Port Royal, Naples, FL 3. Old Cutler Bay, Coral Gables, FL 4. Beverly Hills Gateway, Beverly Hills, CA Advertisement 5. The Flats, Beverly Hills, CA 5 'We expect even more interest from ultra-luxury buyers looking to move to Coral Gables and the broader Miami area. As more buyers settle here, the neighborhood's reputation as a world-class enclave will only continue to grow,' Lugones noted. REUTERS 6. Shady Canyon, Irvine, CA 7. San Marino Island, Miami Beach, FL Advertisement 8. Bear's Club, Jupiter, FL 9. Palm Island, Miami Beach, FL 10. Rivo Alto Island, Miami Beach, FL Advertisement On Zillow's list, the least expensive neighborhood is Bullard Hill in Jackson, Mississippi, with an average home value of $24,026. Other neighborhoods include two in Shreveport, Louisiana; three in Flint, Michigan; and three in Jackson, Mississippi.
Time of India
28-05-2025
- Health
- Time of India
RFK Jr., Argentine health minister slam WHO as their countries affirm withdrawal
U.S. Health and Human Services Secretary Robert F. Kennedy Jr. and Argentine Minister of Health Mario Lugones slammed the World Health Organization as their countries affirmed exits from the group in a joint statement on Tuesday. Kennedy and Lugones criticized WHO's handling of the COVID-19 pandemic , saying it showed "structural and operational shortcomings that undermined global trust and highlighted the urgent need for independent, science-based leadership in global health." "Withdrawal marks the beginning of a new path - toward building a modern global health cooperation model grounded in scientific integrity, transparency, sovereignty, and accountability," Kennedy and Lugones said. Kennedy visited Argentina this week and met with President Javier Milei about the withdrawal and what the U.S. official called the "creation of an alternative international health system ," in an X post on Tuesday. U.S. President Donald Trump, in one of the first official acts of his second term, ordered the U.S. to exit the WHO within a year, citing the "inappropriate political influence of WHO member states." Live Events Trump also balked at "unfairly onerous payments" by the U.S., WHO's largest financial supporter. Argentina announced its departure from WHO in February. According to two sources and a document reviewed by Reuters, the Trump administration considered remaining in WHO if reforms were made, including having a U.S. director-general.
Yahoo
27-05-2025
- Business
- Yahoo
RFK Jr., Argentine health minister slam WHO as their countries affirm withdrawal
(Reuters) -U.S. Health and Human Services Secretary Robert F. Kennedy Jr. and Argentine Minister of Health Mario Lugones slammed the World Health Organization as their countries affirmed exits from the group in a joint statement on Tuesday. Kennedy and Lugones criticized WHO's handling of the COVID-19 pandemic, saying it showed "structural and operational shortcomings that undermined global trust and highlighted the urgent need for independent, science-based leadership in global health." "Withdrawal marks the beginning of a new path - toward building a modern global health cooperation model grounded in scientific integrity, transparency, sovereignty, and accountability," Kennedy and Lugones said. Kennedy visited Argentina this week and met with President Javier Milei about the withdrawal and what the U.S. official called the "creation of an alternative international health system," in an X post on Tuesday. U.S. President Donald Trump, in one of the first official acts of his second term, ordered the U.S. to exit the WHO within a year, citing the "inappropriate political influence of WHO member states." Trump also balked at "unfairly onerous payments" by the U.S., WHO's largest financial supporter. Argentina announced its departure from WHO in February. According to two sources and a document reviewed by Reuters, the Trump administration considered remaining in WHO if reforms were made, including having a U.S. director-general.
Arab News
27-05-2025
- Health
- Arab News
Argentina ratifies WHO withdrawal during US health chief's visit
BUENOS AIRES: Argentina has ratified its decision to withdraw from the World Health Organization (WHO) and reaffirmed its collaboration with Washington, during a visit to Buenos Aires by US Health Secretary Robert F. Kennedy. The decision to pull out of the WHO was initially announced in February by Argentina's President Javier Milei, following in the footsteps of his US counterpart Donald Trump who had said in January the United States would withdraw. Milei's government justified its departure from the UN agency in a statement Monday. 'The WHO's prescriptions do not work because they are not based on science but on political interests and bureaucratic structures that refuse to review their own mistakes,' the statement said. Buenos Aires has previously accused the agency of 'disastrous' management during the Covid pandemic with its 'caveman quarantine.' The announcement came as Kennedy and Argentine Health Minister Mario Lugones met to define 'a joint work agenda that will strengthen transparency and trust in the health system.' 'Together with Robert Kennedy, we believe in the future of collaboration in global health. We have similar visions about the path forward,' Lugones said. Kennedy, a controversial Trump pick for health secretary given his vaccine skepticism, is also expected to meet with Milei during his visit. In a video broadcast at the WHO's annual assembly last week, he urged other governments to withdraw from the agency and create other institutions. In his speech, Kennedy alleged that the UN health agency was under undue influence from China, gender ideology, and the pharmaceutical industry. The Argentine government also announced a 'structural review' of national health agencies to 'organize, update, and make transparent the structures and processes' of the health system 'that for years operated with overlaps, outdated regulations, and limited oversight.'
