Sunday, June 29, 2025

$50 Million Innovation Hub Coming to Former Navy Base in New Orleans

A once-abandoned naval base in New Orleans is about to be transformed into a major engine for innovation and economic development, thanks to a $50 million public-private partnership led by Brooklyn-based startup incubator Newlab. The new facility—called Newlab New Orleans—will serve as a launchpad for startups working on energy efficiency, carbon management, advanced manufacturing, and port infrastructure.

Announced Monday during a press conference at the Louisiana State Capitol, the project marks the first major tenant in the broader redevelopment of the old U.S. Naval Support Activity site along the city's Bywater neighborhood. The site has sat largely unused for years, but now it will be home to a 30,000-square-foot facility designed to help early-stage companies move groundbreaking technologies from concept to commercialization.

"Newlab was built to get critical technologies out of the lab and into the world," said Newlab co-founder and CEO David Belt. "And we're excited to do that in New Orleans."

Backed by a coalition of public and private partners—including the City of New Orleans, Shell Oil, Louisiana Economic Development (LED), LSU, and Greater New Orleans, Inc.—the Newlab New Orleans hub will offer shared laboratory space, advanced fabrication equipment, and testing capabilities for startups tackling some of the most pressing industrial and environmental challenges of our time.

"This is a force multiplier for our city and our state," said Mayor LaToya Cantrell, who hailed the project as a "home run" for New Orleans. The mayor joined Belt, LED Secretary Susan Bourgeois, and others at Monday's announcement.

Newlab is no stranger to revitalizing historic spaces. In Brooklyn, it turned the former Brooklyn Navy Yard into a tech powerhouse. In Detroit, it partnered with Ford Motor Company to develop a similar incubator focused on mobility startups. With its new outpost in New Orleans, Newlab will apply the same formula to catalyze innovation in energy and manufacturing sectors—industries with deep roots in Louisiana.

"We have the legacy industry, the legacy infrastructure, and the legacy workforce in the energy space," Bourgeois said. "You can't buy that or replicate that."

The incubator is already supporting promising startups through partnerships launched last year with the U.S. Department of Energy. One such company, Mantel Capture, has developed technology to trap carbon dioxide at high temperatures—a critical tool in the fight against industrial emissions. With support from Shell and other investors, Mantel plans to move into the new New Orleans hub when it opens in fall 2026.

"This went from an ambitious pilot to a company that's now well-funded and ready to scale," said Belt. "That's the goal."

While New Orleans already hosts incubators focused on software and biotechnology—such as Idea Village and the New Orleans BioInnovation Center—Newlab New Orleans is targeting sectors that require physical infrastructure and heavy machinery, providing tools and space not readily available elsewhere.

The Newlab facility is being built with funding from a range of contributors. In addition to state and city support, key funding comes from LSU, Greater New Orleans, Inc., and the Future Use of Energy in Louisiana initiative, which is supported by the National Science Foundation. Shell and other private industry partners are also providing resources.

The innovation hub is just one piece of a larger effort to revitalize the former naval station. In April, a separate project to convert part of the base into hundreds of affordable housing units moved closer to reality after securing crucial tax incentives. Known as the NSA East Bank Apartments, that development is expected to break ground later this year.

As for Newlab, Belt sees the New Orleans expansion as a long-term investment—not just in a building, but in the people and potential of Louisiana.

"It's not just the start of a new venture for us," he said. "It's the start of a long-term partnership with the people, the industries, and the energy—literally and figuratively—of Louisiana."

Click Here For the Source of the Information.

Spring Home Decor Trends to Refresh Your Space in 2025

As the chill of winter fades and spring ushers in warmer weather and blooming landscapes, many homeowners are itching to shake off the heavy throws and moody hues in favor of something fresher. Spring is a season of renewal—not just outdoors, but inside your home as well. And according to top interior designers, 2025's spring decor trends are all about creating spaces that feel lighter, more personal, and deeply connected to nature.

Whether you're planning a complete makeover or just a few thoughtful updates, here's your guide to the season's must-have looks and design ideas to help your home blossom.

1. Neutrals With a Colorful Twist Soft, neutral foundations are still going strong, but this spring, designers are turning to small but impactful pops of color to elevate the look. According to Liz Curry, expect bold accents like mint, lilac, or coral sprinkled into neutral palettes for a sophisticated yet lively atmosphere.

2. Flowing, Organic Forms Wave goodbye to hard edges. Designer Marie Cloud predicts a surge in curvy silhouettes and organic shapes in both furniture and décor. From wavy mirrors to hand-molded ceramics, the movement toward nature-inspired design adds personality and ease to any room.

3. A Green Resurgence Green is the color to watch this spring—whether it's moody olive or vibrant chartreuse. "Green is making a serious comeback," says Sarah Storms, and it's poised to overtake blue as the go-to hue for creating calm, inviting interiors.

4. Retro Revival Designers like Erin Laméy are embracing vintage vibes with bold color choices and mid-century modern influences. Look for sculptural furniture, geometric patterns, and charming antiques that bring character and a sense of nostalgia to your space.

5. Personalized Accents Custom is king in 2025. "Small, bespoke details make a big impact," says Bria Hammel. Think handcrafted hardware, personalized barstools, and unique textiles that turn everyday items into cherished statement pieces.

6. Natural Texture Layers Nature is finding its way indoors in more ways than one. From teak root coffee tables to woven seagrass mirrors, tactile materials like these create warmth and depth, making your space feel more grounded and organic.

7. Outdoor Spaces That Feel Like Home Outdoor entertaining is evolving with luxury features and cozy touches. "Your patio can be an extension of your kitchen or living room," says Storms. Outdoor kitchens, weather-resistant sofas, and ambient lighting create an indoor-outdoor flow perfect for hosting all season long.

8. Hidden Storage Solutions Keeping things tidy is a trend that's here to stay. Lindsay Olson says that more homeowners are embracing built-in cabinetry, hidden pantries, and concealed storage to keep clutter out of sight while maximizing functionality.

9. Biophilic Design Elements The natural world continues to inspire interiors. Think lush greenery, expansive windows, and earthy materials that enhance mood and air quality. Brad Ramsey notes that plants are no longer just accessories—they're essential design features.

10. Curved Furniture and Decor Organic curves are still going strong, says Lauren Lerner. Whether it's a rounded coffee table, arched headboard, or sculptural lighting, these soft, flowing lines add movement and comfort to any room.

11. Statement Ceilings The "fifth wall" is finally getting the attention it deserves. Kerith Flynn is leading the charge with wallpapered ceilings that bring pattern and personality overhead, incorporating everything from botanical prints to textured wood veneers.

12. Lilac is the New Neutral No longer just for nurseries, lilac is popping up in all kinds of spaces. Jeanne Barber suggests pairing it with grays, whites, or natural woods to create a calm yet playful palette with a hint of springtime charm.

13. Outdoor Living Rooms Designer Erika Ward says the line between indoors and outdoors is becoming even blurrier. Outdoor rugs, soft cushions, and layered lighting are turning patios into full-blown living rooms under the sky.

14. Bold, Joyful Prints Bright florals, dramatic toiles, and whimsical trims are back in a big way. "Pattern is how we play," says Colleen Bennett. Whether indoors or out, don't be afraid to go bold this spring with eye-catching textiles and finishes.

15. Mixing the Old with the New Finally, this season is all about embracing the balance of contrast. Mindy Kelson O'Connor encourages homeowners to combine heirloom furniture with modern accents for a space that feels authentic, timeless, and uniquely you.

Spring 2025 is the perfect time to embrace renewal in your home. Whether you're swapping out throw pillows, reimagining your outdoor space, or investing in timeless vintage finds, this season's trends invite comfort, creativity, and a connection to nature. Let your home bloom with the same energy and vibrance that spring brings to the world outside your door.

Click Here For the Source of the Information.

Finding the Right Home Inspector Before You Buy

If you're in the process of buying a home, one of the smartest moves you can make is lining up a home inspector before your offer is accepted. It may seem premature, but giving yourself time to vet and select a qualified professional can save you stress—and money—later on. A thorough home inspection is often the only real chance you have to uncover the true condition of the property before closing the deal.

Because a home is likely the largest investment you'll ever make, your inspector should be someone you can trust to assess it critically and independently. Here's how to find a qualified inspector and what to watch for during your search.

Be Cautious of Agent Recommendations

While it's common for real estate agents to suggest inspectors, it's worth considering the potential conflict of interest. Your agent wants the deal to go through, while the inspector's job is to point out anything that might make you think twice—or negotiate harder. Some inspectors may feel pressured to go easy if they rely on agents for referrals.

"Unless you absolutely trust your real estate agent, it's better to find your own inspector," says Kevin Brasler, executive editor of Consumers' Checkbook, a nonprofit that evaluates service professionals, including home inspectors.

Start With Trusted Sources

Instead of relying solely on agent referrals, ask friends, family, or recent homebuyers for recommendations. Local online communities like NextDoor, Patch, or Facebook neighborhood groups can also be great sources of feedback from real homeowners. You might also check review-based directories such as Yelp, Angi, or HomeAdvisor.

For an added layer of vetting, consult professional organizations like the American Society of Home Inspectors (ASHI), the International Association of Certified Home Inspectors (InterNACHI), or the National Academy of Building Inspection Engineers. These organizations list members and often include details about certifications, experience, and the services they provide. State-level associations or licensing boards may also offer searchable databases of approved inspectors.

Once you've narrowed your list, do a quick search to see if any complaints or red flags turn up—try adding terms like "complaints" or "reviews" to the company name in your search engine, or check with your local Better Business Bureau.

Understand Certification Limits

Certifications and licenses are a good starting point—they signal that an inspector has passed tests and completed some level of professional training. For instance, ASHI requires in-person exams and at least 250 paid inspections. InterNACHI demands an online exam and submission of mock reports. Many states also require passing the National Home Inspector Examination.

Still, credentials don't always guarantee quality. In an undercover investigation by Consumers' Checkbook, licensed and certified inspectors missed major defects in a test home with 28 known issues. Being qualified doesn't necessarily mean an inspector will take the time to do a thorough job.

Review Sample Inspection Reports

One of the best ways to judge an inspector's thoroughness is to request a sample report. Comparing reports from different candidates can reveal a lot. Look for detailed documentation, clear descriptions, and plenty of photos. Avoid inspectors who offer vague or overly generic writeups that don't address specifics about the property.

A good report should be well-organized and give you not just a list of problems, but insight into the condition of each system—from the roof to the foundation—and any recommended maintenance.

Prioritize Experience and Specialty Knowledge

While newer inspectors might do a fine job, someone with years of experience will have seen a wider variety of issues—and often knows what subtle signs to look for. If a candidate has been inspecting homes for five or more years and averages several inspections per week, they've likely evaluated hundreds, if not thousands, of homes.

If you're buying an older home, consider hiring someone with advanced training, such as an architectural or structural engineering background. That extra layer of knowledge can be invaluable when assessing unusual materials, older systems, or hidden structural issues.

Clarify Pricing and Services

Inspection costs typically range from $300 to $1,000 depending on location, square footage, and the inspector's experience. But prices can vary widely, and so can the services included.

Ask what's covered in the base fee, and whether any advanced tools—such as infrared cameras or drones—are included or cost extra. Some inspectors offer these as standard, while others may refer you to another specialist entirely.

Also, ask about additional services that may not be included in a standard inspection. If your area is prone to termites, radon, mold, or other environmental hazards, you may need separate testing, which often comes at an extra cost.

Take Your Time, Protect Your Investment

In the end, your home inspection can be a turning point in your home buying journey. It may confirm that you're making a wise investment—or uncover issues that let you renegotiate or walk away entirely. Either way, it's not something to rush.

By planning ahead and doing your homework, you can find an inspector who will give you the honest, thorough assessment you need to move forward with confidence. After all, buying a house isn't just about curb appeal—it's about knowing what's behind the walls and under the roof before you sign on the dotted line.

Click Here For the Source of the Information.

Why New Homeowners Should Check Their Property Tax Assessment Right Away

If you've just purchased a home, you're probably focused on settling in, unpacking boxes, and learning the quirks of your new space. But there's one important task that often gets overlooked—reviewing your property tax assessment. It might not seem urgent, but experts say now is the perfect time to make sure your home's assessed value is accurate. If it's not, you could be paying hundreds—or even thousands—more each year in property taxes than you actually owe.

Your property tax assessment is how your local government determines the value of your home for tax purposes. That value, multiplied by your local tax rate, becomes your annual tax bill. But errors in the assessment—whether it's overstated square footage, an incorrect number of bathrooms, or an inflated market value—can lead to inflated taxes. And if no one catches the mistake, you'll keep overpaying year after year.

Sal Cataldo, a real estate attorney with O'Doherty & Cataldo in Sayville, New York, says homebuyers are in a strong position to appeal because they've just gathered a comprehensive set of documents during the purchase process. "You've gotten a wealth of information about your house, whether you realize it or not," Cataldo says. Your title report shows the home's age, your inspection report outlines flaws or needed repairs, and your appraisal and mortgage documents highlight the home's true market value based on neighborhood comparables. These are exactly the kinds of details that can support a successful appeal.

A property sale often triggers a reassessment since the transaction updates the home's market value. But how—and when—that new value is reflected in your tax bill depends entirely on where you live. Some municipalities reassess property annually, others every few years, and some don't follow any predictable schedule at all.

What is predictable, however, is the rising cost of property taxes. The median property tax bill in the U.S. rose to $3,500 in 2024, a 2.8% jump from the previous year, according to Realtor.com. And in high-cost cities, that number climbs much higher. Homeowners in New York City now face a median property tax of $9,937. In San Jose and San Francisco, those figures are $9,554 and $8,156, respectively.

With these numbers steadily increasing, ensuring your assessment is accurate is not just a good idea—it's a smart financial move. Pete Sepp, president of the National Taxpayers Union Foundation, points out that 30% to 60% of taxable properties in the U.S. may be over-assessed. "It pays to check," he says.

Often, over-assessments stem from outdated or incorrect property data that's never been updated. Maybe the previous owner finished a basement, and the square footage was added to the record twice. Maybe the assessment still lists four bathrooms when the home only has two. These small mistakes can significantly inflate your tax bill over time.

Fortunately, the potential savings make it well worth the effort. According to Realtor.com, over 40% of U.S. homeowners could save at least $100 per year by appealing their assessment. The median annual savings from a successful appeal? $539.

Even better, a successful appeal doesn't just lower your bill for one year—it can influence future assessments for years to come, especially in states where reassessments don't happen annually.

So as you settle into your new home, take a moment to pull out your paperwork and compare it to your local property tax records. If something seems off, consider filing an appeal. In many cases, all it takes is a short form and some supporting documents—most of which you already have on hand.

In the excitement of buying a home, it's easy to overlook bureaucratic details. But double-checking your property tax assessment now could unlock savings that last for years—and make your new house feel just a little more like home.

Click Here For the Source of the Information.

Boost Your Credit, Buy with Confidence: A Step-by-Step Guide to Mortgage Readiness

Improving your credit is one of the most important steps you can take before applying for a mortgage. A great place to begin is by reviewing...