Word: rental
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...immediate issue of security. On Friday night in Honolulu, Mother Nature took all of Barack Obama's power as the future First Family was one of 293,000 customers left in the dark by an electric storm that knocked out practically the entire island of Oahu. The $11 million rental property where Obama is staying lost power at 8:08 p.m., prompting a security scramble by Honolulu police, the Secret Service and the U.S. military...
Obama, his wife and daughters Sasha and Malia are staying at Paradise Point Estates, an enclave of homes at the end of a private road in the exclusive beachside community of Kailua, located on Oahu's Windward side. Titcomb, Obama's childhood friend, arranged the rental properties for Obama's family and staff. There are three homes in the compound where Obama is staying; the future first family is occupying an $11 million property featuring 5,000 square feet of interior living space and a 1,900 square foot lanai...
...Zippy Rentals. Hertz is launching Connect by Hertz, the company's own version of the popular Zipcar rental service, on Dec. 16 in New York City, Paris and London. An annual membership starts at $50; per-hour rental fees start at $10. Book your car online, and pick up and return to designated hubs around the city. The fleet features "green" cars like the Mini Cooper and Toyota Prius and, if you have a big load to move, a Ford SUV hybrid. More cities are promised in early...
...downturn in real estate prices over the past year has hardly helped the owners of these rental units. According to Patricia A. Whiting, a clinical instructor affiliated with the Legal Aid Bureau, foreclosure evictions have spiked over the past months, after a 90-day waiting-period law on all foreclosures expired in August...
...rent-controlled apartments simultaneously in upper Manhattan and that his tax returns - Rangel is the chairman of the tax-code-writing House Ways and Means Committee - were such a mess that he was hiring a "forensic auditor" to figure out why he had failed to report $75,000 in rental income from a villa in the Dominican Republic. Adding to the tangle of questions was the fact that even as he was living in those New York apartments and being charged less than half what they would have cost on the going market, Rangel was claiming a homestead exemption...