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By Zachary Fagenson MIAMI (Reuters) - As construction cranes crowd the coastline and developers strive to lure wealthy international buyers with brand name towers and lavish amenities, there are signs Miami?s latest condo boom has begun to slow and a possible oversupply could temper record prices. Since mid-2011, some 175 towers with more than 27,000 units have been proposed in Miami, says real estate analyst Peter Zalewski of CondoVultures. Florida led the nation for foreign buyers in the quarter ending in March, attracting 23 percent of $92.2 billion of nationwide sales, according to the National Association of Realtors. In the face of economic uncertainty and potentially higher taxes in Europe, Asia and Latin America, wealthy individuals are drawn to Miami's year-round sunshine and prices that are still low when compared with other global capitals.
A man was found dead trapped between the outside of an elevator and the wall of the elevator shaft in a New York City apartment building on Monday morning, police said. Police found the body between the 18th and 19th floors of the building in the Bronx after responding to a 911 call an hour or so before dawn, according to a police statement.
Five members of a family, including three children, were found shot dead at their southern Maine home on Sunday, with a gun located near one of the bodies and no outside involvement suspected, a police spokesman said. The five, a father and mother in their 30s and three children believed to be 4, 7 and 12, were discovered on Sunday afternoon in three rooms of their second-floor apartment in Saco, about 17 miles (27 km) southwest of Portland, state police spokesman Stephen McCausland said.
WESTERLY, R.I. (AP) ? A $3 cup of shave ice is at the center of a dispute in this beach town between street vendors trying to stay in business and town officials who say the vendors cause traffic congestion and increase the potential for accidents.
NEW YORK (AP) ? Revelations over the past few years about how U.S. security officials have the ability to track people through phone, email and other electronic records are making it harder for journalists to report on what the government is doing, two human rights groups say.
NEW YORK (AP) ? Two human rights groups say the staggering amount of personal information available to government security officials has restricted the flow of information to journalists.
PHILADELPHIA (AP) ? Investigators are talking to two people in the search for two carjackers who rammed a stolen sport utility vehicle into a family in north Philadelphia, killing three children.