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Why homebuyers won’t get a break in 2023

Published Fri, 07 Feb 2025 02:35:14 GMT

Zillow Chief Economist Skylar Olsen gazes at her MacBook the way a soothsayer peers into a crystal ball. The picture is murky.Despite falling prices, homes are more unaffordable than ever. Mortgage rates are fluctuating but look to rise. Demand is down, but so are listings.Tea leaves are easier to read.“It’s a great pause,” Olsen says of the current housing market. “Holding one’s breath. Suspended animation.”Olsen joined the online real estate firm’s research team in 2012, returning last summer as chief economist after a two-year break working as a consultant and at a startup.We spoke with Olsen during a recent visit to Zillow’s Southern California office in Irvine. We asked her about the current housing slowdown and prospects for priced-out home shoppers to get a crack at homeownership this year.Skylar Olsen is the Chief Economist at Zillow talks about the housing market at the company’s offices in Irvine, CA on Thursday, March 9, 2023. (Photo by Paul Bersebach, Orange County Regis...

Eagle Street Grill to close at the end of April after 20 years in business

Published Fri, 07 Feb 2025 02:35:14 GMT

Eagle Street Grill, on the prominent downtown St. Paul corner of Kellogg and West Seventh streets, will close at the end of April.The restaurant has been serving fans of hockey and rock and roll before and after games and concerts for two decades. It opened in March 2003.The building owners, a trust headed by Sandra Iverson, decided not to renew the lease, representatives of Madison Restaurant Group, which owns Eagle Street, said.“It’s her building and she can do what she wants with it,” said Madison owner Jim Crockarell. “We’ve always made our payments on time — even through COVID — and have been a good tenant. We have taken care of the building. It’s unfortunate for the managers and the employees that are going to lose their job over something that really makes no sense at this point.”Iverson didn’t want to comment on what is coming next for the space.“I don’t have a signed lease at this point,” Iverson said. “We have lots of ideas and you’ll find out soon enough. What...

Lance Reddick, ‘The Wire’ and ‘John Wick’ star, dies at 60

Published Fri, 07 Feb 2025 02:35:14 GMT

NEW YORK (AP) — Lance Reddick, a character actor who specialized in intense, icy and possibly sinister authority figures on TV and film, including “The Wire,” ″Fringe” and the “John Wick” franchise, has died. He was 60.Reddick died “suddenly” Friday morning, his publicist Mia Hansen said in a statement, attributing his death to natural causes. His death was first reported by celebrity website TMZ.com.Reddick was often put in a suit or a crisp uniform during his career, playing tall taciturn and elegant men of distinction. He was best known for his role as straight-laced Lt. Cedric Daniels on the hit HBO series “The Wire,” where his character was agonizingly trapped in the messy politics of the Baltimore police department.“I’m an artist at heart. I feel that I’m very good at what I do. When I went to drama school, I knew I was at least as talented as other students, but because I was a Black man and I wasn’t pretty, I knew I would have to work my butt off to be the best that I ...

Closing the Gender Wage Gap

Published Fri, 07 Feb 2025 02:35:14 GMT

ALABANY, N.Y. (NEWS10)--According to an updated report by the State’s Labor Department, Women in New York made $88 cents for every dollar earned by men in 2021.https://nysdolreports.com/gwg/2023-gwgreport/"That figure is all women compared to white men the year before," explained Department of Labor Commissioner, Roberta Reardon. "The thing that’s really not so well known is women of color have much worse pay gaps. For Black American women, it is about 68 cents to the dollar and for Latina women in the United States, it’s 63 cents to the dollar."Commissioner Reardon said she thinks there is a lack of awareness and preconceived notions from decades ago that are contributing to the wage gap and added that childcare has an enormous impact. "We knew before the pandemic that childcare was an issue, but with businesses shutting down, women having to go home and take care of their children and do remote schooling at the same time, it already exasperated an already difficult question."While...

Officials call for Ardila to resign amid sexual assault allegations

Published Fri, 07 Feb 2025 02:35:14 GMT

ALBANY, N.Y. (WTEN) -- Governor Hochul along with some state lawmakers are calling on Democratic Assembly member Juan Ardila of Queens to resign after accusations of sexual assault. Ardila only took office this past January. "He is offering an apology… However, a lot of times an apology does not necessarily equate to accountability," said Amanda Rue, a sexual harassment prevention expert. According to The Queens Chronicle, two women have come forward with allegations stating that Ardila sexually assaulted them at a party in October of 2015. Eight years before he joined the Assembly. The online article also includes Instagram messages where Ardila apologizes to one of his victims in 2018. Rue says this is around the same time the Me-Too Movement was happening. "Every person that was in a position of power, started to reflect back like “Oh, have I made people uncomfortable?’ so he probably had that point of reflection, where it was like ‘Oh, I know that was probably inappropriate and ...

Glens Falls Post Office to hold job fair

Published Fri, 07 Feb 2025 02:35:14 GMT

GLENS FALLS, N.Y. (NEWS10) - A job fair in the city next week is looking to add to the Glens Falls region's roster of mail couriers. The U.S. Postal Service's Glens Falls post office is set to host a fair to fill several openings. Get the latest, news, weather, sports and community events delivered right to your inbox! On Tuesday, March 21, those interested can visit the Glens Falls Post Office at 16 Hudson Ave. from 1-6 p.m. to learn about ways to serve the community. The job fair is part of the USPS' 10-year "Delivering for America" plan, which looks to build a more stable workforce around the country.USPS personnel will be on-hand to answer questions about careers with the post office. Open positions and pay rates include:City Carrier Assistant$19.33 per hourRural Carrier Associate$19.94 per hourPSE Clerk$20.05 per hourMail Handler Assistant$17.32 per hour Flour Child baking boldly in downtown Glens Falls Applications are accepted exclusively online. Candidates are encouraged...

NYS Writers Institute presents 3rd Albany Film Festival

Published Fri, 07 Feb 2025 02:35:14 GMT

ALBANY, N.Y. (NEWS10) -- The 3rd Annual Albany Film Festival will be held at the University of Albany at 1400 Washington Avenue on April 1 from 10:30 a.m. to 7 p.m. Hosted by the NYS Writers Institute, the festival features a lineup of award-winning filmmakers, novelists, and screenwriters, feature-length film screenings and conversations, and a presentation of the Ironweed Awards and short film awards. Get the latest, news, weather, sports and community events delivered right to your inbox! The Ironweed Award for Exemplary Achievement in Film will be presented to Stephen Lang, who most recently played the role of Colonel Miles Quaritch in James Cameron's Avatar films, and filmmakers James Schamus, Amy Carey Linton, and Keith Beauchamp. Award winner Julie Dash will not be able to attend.The festival will include conversations with the Ironweed Award winners. Acclaimed authors Rick Moody and Joyce Carol Oates, will discuss film adaptations of their novels The Ice Storm and Blonde, ...

Albany man pleads guilty in 2017 stabbing death

Published Fri, 07 Feb 2025 02:35:14 GMT

ALBANY, N.Y. (NEWS10) -- An Albany man has pleaded guilty in connection with a stabbing death that took place in 2017. The Albany County District Attorney's Office said Stephan Harris, 27, pleaded guilty to first-degree manslaughter, which is a felony Get the latest, news, weather, sports and community events delivered right to your inbox! According to the indictment, Harris allegedly stabbed 26-year-old Jonathan Weldon in the stomach, causing his death. The stabbing happened on the 300 block of Elk Street in Albany on May 20, 2017.Harris' sentencing is scheduled for April 28. He faces 15 years in prison and 5 years probation after he is released.

Albany man sentenced to 13 years for gun possession

Published Fri, 07 Feb 2025 02:35:14 GMT

ALBANY, N.Y. (NEWS10) -- On Friday, Elijah Moses, 28, of Albany, was sentenced to a determinate term of 13 years in State Prison. Moses will also serve five years of post-release supervision. Get the latest, news, weather, sports and community events delivered right to your inbox! Moses was initially arrested along with two other suspects following a shooting on the 600 block of Livingston Avenue in October 2021. As a part of his guilty plea, Moses admitted to possessing a loaded, illegal firearm around the time of the incident. The guilty plea satisfies the full indictment, which included an Attempted Murder charge.

One House Budgets address "gaps" in budget

Published Fri, 07 Feb 2025 02:35:14 GMT

ALBANY, N.Y. (NEWS10) – This week on Empire State Weekly, both the New York State Senate and the Assembly passed their One-House budgets. Both houses agreed on some funding measures, but budgets share key differences from the Governor's $227 billion budget proposal. Get the latest, news, weather, sports and community events delivered right to your inbox! Rebecca Garrard, the Legislative Director for Citizen Action of New York, said that the One House proposals address "glaring gaps" in Governor Kathy Hochul's budget proposals. Both proposals will cost billions of dollars more than the Governor's budget proposal. Both the Senate and Assembly rejected proposed changes to bail reform, a move that Garrard described as "exactly the right thing." She suggested community investment would assist in keeping crime down and ensuring community safety.Also, this week Brian Clark, an Associate Professor at Rensselaer Polytechnic Institute, explained how California-based Silicon Valley Bank coll...