Nestled on a private 20,000-square-foot lot in Brooklyn’s now trendy Bay Ridge, the insanely adorable Gingerbread House is quite possibly the closest thing to a fairy tale come true.
Built back in 1917 — when it immediately grabbed the title of ‘most magnificent residence in New York City‘ — the 5,746-square-foot home at 8220 Narrows Avenue home beautifully retained its unique charm throughout the decades.
The the real-life gingerbread house, built from uncut stone, stays true to the rolling topography of the land with a pitched roof and gabled windows that look like they’ve been taken straight out of The Shire.
A captivating archway leads to a secret oasis of emerald lawns and flowing fountains as well as the home’s private entrance and three-car garage. Spacious rooms and an open layout reveal glittering stained glass windows, intricate woodcarvings, hand-painted ceilings, and whimsical door knockers.
Despite all this, the real-life Gingerbread House has been repeatedly struggling to find a buyer.
First listed in 2009 for $12 million, the unique home quietly went off market only to return in May 2014 with a fresh asking of $10.5M. Despite failing to find a buyer — and even after giving renting a shot — the Gingerbread House is now surprisingly priced at $10,999,000.
But a home like the one at 8220 Narrows Avenue isn’t looking for just any buyer; there’s probably just a handful of Hansels and Gretels in the world with pockets deep enough — and tastes this particular — that can afford to take the house off of the witch’s hands (sorry, owners; nothing personal).
Now let’s skip to the good part and take a closer look at this enchanting storybook home:
The Gingerbread House in Bay Ridge. Image credit: Douglas EllimanThe Gingerbread House in Bay Ridge. Image credit: Douglas EllimanThe Gingerbread House in Bay Ridge. Image credit: Douglas EllimanThe Gingerbread House in Bay Ridge. Image credit: Douglas EllimanThe Gingerbread House in Bay Ridge. Image credit: Douglas EllimanThe Gingerbread House in Bay Ridge. Image credit: Douglas EllimanThe Gingerbread House in Bay Ridge. Image credit: Douglas EllimanThe Gingerbread House in Bay Ridge. Image credit: Douglas EllimanThe Gingerbread House in Bay Ridge. Image credit: Douglas EllimanThe Gingerbread House in Bay Ridge. Image credit: Douglas Elliman
Rep. Maxine Waters, D-Calif., who serves as ranking member on the House Financial Services Committee, said Republican-drafted legislation marked up by the committee Wednesday would “hamstring” regulators and expressed a desire to draft effective bills that would hold regulators accountable.
Bloomberg News
WASHINGTON — House Financial Services Committee lawmakers debated a number of bills in a Wednesday markup, as Republicans looked to limit some of the power of the Federal Reserve, and Democrats tempted their GOP counterparts with would-be bipartisan legislation.
Republicans put forward a number of measures that would curb the federal banking regulators powers, after what the GOP sees as a failure on the part of the Fed to supervise Silicon Valley Bank. The panel will not vote on the bills or their amendments until the debate is finished, which is likely to continue late into the evening.
Rep. Andy Barr, R-Ky., chairman of the Subcommittee on Financial Institutions and Monetary Policy, introduced a large package made up of five separate bills. The package would require documentation and implementation “guardrails” when the Fed invokes its emergency lending facilities, increase reporting requirements for the Federal Deposit Insurance Corp. in its receivership and resolution activities for Congress, as well as require the Financial Stability Oversight Council to disclose its analysis used to determine the cost of any proposal related to systemic financial risk.
“The recent bank runs and systemic instability reveal that the federal financial regulators are opaque and non-transparent to Congress and the American people, especially in emergencies, when the stability of the U.S. financial system is under threat,” Barr said. “There is a clear need for sunshine on those regulators, and enhanced accountability and transparency when their failures are really responsible.”
One of the bills would also codify that the heads of banking agencies testify semi-annually in the House and Senate. Currently, only the chairman of the Fed is required to do so, and that the Treasury Secretary is required to testify annually.
Yet another of the bills would also mandate that the vice chairman for supervision, a position currently held by Michael Barr, have experience working in or supervising banking organizations. Barr does not have that experience.
Democrats opposed the package. Rep. Maxine Waters, D-Calif., the ranking member of the committee, said that the package would “hamstring regulators’ efforts to respond to and resolve due to bank failures.”
“Specifically, this bill would make it harder to properly invoke a systemic risk exception, limit the effectiveness of the Feds emergency lending authorities and to top it all off, the bill includes an unscrupulous political attack on the current vice chair of supervision that makes him ineligible to serve in his current role,” she said.
Waters said that the bill would slash the funding of the Financial Stability Oversight Council and the Office of Financial Research, and gut the ability of FSOC to receive advice from a panel of experts on climate change “in response to extreme MAGA Republicans’ ridiculous claim that climate change and diversity is what cause the banks to collapse.”
“Nothing in this bill would address the root causes of the recent bank failures,” she said. “Instead this bill meddles unnecessarily with regulators’ tools and flexibility to respond in an emergency despite the fact that regulators have gone out of their way to make confidential supervisory information available.”
Democrats offered a number of amendments to Barr’s bill and others debated at the markup that Democrats hoped could garner bipartisan support. Some of those included pausing bonuses or other discretionary income should a bank leave open the position of chief risk officer, along with requiring that the vacancy of chief risk officer be made public, and closing what Waters said was a loophole in Dodd-Frank that allows some banks to evade the law’s enhanced prudential standards depending on whether it has a holding company.
“Let me just say that not only have I found a loophole, this is an opportunity for you to get at those regulators you’ve been complaining about all day,” she said. “Make them do their job. I would not only like to talk with you, but you indicated you’re going to be talking to a lot of people about a lot of things. I just want to legislate and I want to legislate with you.”
Lawmakers came closest to agreeing on an amendment offered by Rep. Al Green, D-Tx., that he said would “clarify that it is the sense of Congress that our community banks, including rural banks, community development financial institutions and minority depository financial institutions did not cause the crisis, yet may have been harmed by the crisis and certainly shouldn’t have to pay for the crisis.”
Barr eventually said he would agree to work with Green on the measure after committee Republicans couldn’t figure out whether the amendment would apply to banks with more than $5 billion in total consolidated assets, or simply more than $5 billion in uninsured deposits — the threshold outlined in a recent FDIC proposal — or if would only apply to the current special assessment or future ones as well.
“Mr Barr, I make an appeal to you to take advantage of this unique moment in time to bring the committee together so we can have unanimous consent to move forward with this piece of legislation,” Green said.
No – not the blog. This puppy’s not going anywhere. In fact, we’re just getting warmed because we moved into our house yesterday! Hence why I’ve been MIA this week. Sorry about that! It’s been 642 days since we bought this crazy 150 year old San Francisco Victorian. The blood, sweat and tears that went into our renovation have been truly admirable (only the tears have been mine – the blood & sweat belonged to our amazing contractor and his team).
But today there is nothing but an exhausted smile on my face. I cannot wait to dive head first into phase two of our project – turning our dream house into my dream home. Now it’ll be a while before I can fully reveal all to you, so I’ll have to beg your continued patience. But oh my, do I have some fun plans in store. And I’ll continue to share sneak peeks on Instagram and now Snapchat on occasion too (seeing if I can hang with the cool kids there). Here are few snaps to whet your appetite.
This house has literally been years in the making. But to see it come from the diamond in the rough it was (if you need a fresher on where this sucker started just click here or here) to what I’m sitting in as I type right this very second…well it’s a remarkable transformation and a testament to the team of amazing and talented professionals who helped build my vision – almost from the ground up.
But the adventure is only just beginning. I hope you’ll plan to stay on board for the rest of the ride!
In the meantime, get caught up on our renovation here.
Check out a ton of my design inspiration here
And follow my Pinterest board for the entire project here!
I’d also love to know what you’re curious to learn about! I’ve made many a fascinating discovery as I traveld down this occasionally bumpy renovation road and I’m sure there will be missteps in the upcoming design process too, but I like to think we’re in this together. For those who have been around for years – I appreciate you more than you could ever know.
Coattail investing, also known as copycat investing, is one of many popular investment strategies and one that involves investors trying to replicate the results of investors that already have a proven track record of success. In effect, investors look at what other successful investors are doing, and replicate it.
For newer investors, this method has some obvious advantages, and can help ease the learning curve a bit. But, of course, there are both benefits and drawbacks, and it’s helpful to know who you can or perhaps should try to replicate before choosing some coattails to ride at random.
How To Be a Coattail Investor
For the most part, coattail investing incorporates a buy and hold strategy, where an investor buys stocks and holds them for the long term — a period of several years or several decades. Publicly available information from the financial press and the Securities Exchange Commission (SEC) website can give copycat investors information on how investors (those managing more than $100 million) have invested their money.
Coattail investing begins with choosing what person or group to watch. Then, based on their investment choices, a copycat investor can choose to replicate those investing strategies either in whole or in part.
In most cases, the average investor probably doesn’t have enough capital to keep up with big money managers and institutions in an exact 1:1 ratio. But watching what they buy and sell (and when), and acting accordingly to some degree, is the heart of coattail investing.
While investors used to have to manually follow their favorite investors by searching the SEC website or elsewhere, today, certain online services exist that help to automate the process.
Some brokerages may even offer “mirror investing” services that allow investors to set their own portfolios to make the same exact trades that their favorite investors make, with customized asset allocations.
Who Do Coattail Investors Follow?
When attempting coattail investing, following those who adopt a “buy and hold” strategy could prove beneficial. Because markets move fast, by the time a trade is executed, the most profitable opportunity may have already passed. Buying and holding takes a long-term time horizon or perspective, meaning it could take some of the timing and guesswork out of the equation, making it easier to realize profits.
A copycat investor could choose to copy just about anyone. That said, there are a few choices most commonly used by those who are successful at copycat investing. These include financial professionals and other investors who can influence markets simply by announcing their positions.
Activist Investors
Activist investors are known for causing stocks to rise when they reveal their own investments. These influencers may be ahead of the curve on investment trends, and financial news media reports on the actions of these investors regularly. Activist investors also often publicize their own moves through blog posts or press releases as well. This tends to make it easy for coattail investors to keep up and act accordingly.
Money Managers
People and institutions that manage over $100 million are required to report their holdings to the SEC. The SEC then publishes this information, making it public. Rather than hire a money manager, some copycat investors simply search for investments that large money managers have made and then choose those they think would be best for their own portfolios.
Large Corporations and CEOs
Successful companies that have accumulated cash reserves are challenged with figuring out where to put that money — and coattail investors sometimes follow suit.
For many years, holding cash and bonds was probably the safest option for investors. But bonds and cash have their risks, too, such as interest rate fluctuations and inflation. This has led some companies to look elsewhere for returns, often in the form of alternative investments.
Unlikely Visionaries
Following more nontraditional investors — people outside the financial world who have made successful investments — might not be as profitable as activist investors or proven money managers, but there can still be insight to be gained.
That may include professional athletes or social media influencers. There are numerous examples of both who have made what turned out to be successful investments of various types. Of course, even if you start to mirror an athlete’s or influencer’s portfolio activity, there’s no guarantee that they’ll continue to make wise choices.
While watching athletes or celebrities for investment advice might not be something anyone would recommend, it can bring a unique perspective from outside the echo chamber and herd mentality of those within the financial world. People who come from outside that world tend to have a different outlook and could see something that others miss.
That said, an investor who looks to popular culture icons for investment advice does run the risk of racking up significant losses. It might not be realistic to establish an entire portfolio around this idea. It’s widely believed that in coattail investing, investors should follow only the most esteemed professional money managers.
What Are the Risks of Coattail Investing?
The main risk of copycat investing is that one might end up following an investor who loses, rather than gains. There could also be psychological risks, such as thinking that because one is copying a successful investor’s moves, all personal responsibility has been taken out of the equation.
In reality, investing always comes with risk, and always requires investors to conduct their own due diligence. Unless a copycat investor is using an automated program that buys and sells as soon as a big investor announces their trade, like a robo advisor of one type or another, they will still have to stay on top of their own investments, even if the decisions of what/when to buy/sell are all recommended by someone else.
The Takeaway
Coattail or copycat investing is a strategy that involves mirroring another investor’s market moves. Copycat investing could be pursued in almost any fashion imaginable. It’s possible to follow anyone for investment advice, using their trades as a game plan.
Investors with an interest in pursuing coattail investing would do well to consider sticking to tracking these types of people and their portfolios. But watching others with more experience and preferring to match their actions more often than not can bring a sense of security to some investors. It can also reduce some of the personal responsibility involved in researching investments and trying to decide when to buy or sell.
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Northwestern Mutual, Special Spaces Recognize 10-Year Anniversary of Company’s Childhood Cancer Program with 10 Dream Bedroom Makeovers HGTV star Mina Starsiak Hawk collaborates on latest bedroom reveal for a child in her hometown MILWAUKEE, Nov. 17, 2022 /PRNewswire/ — In recognition of its Childhood Cancer Program’s 10-year anniversary, Northwestern Mutual, through its Foundation, collaborated with Special … [Read more…]
Cue up your favorite girlboss anthem, because the high-powered female brokers at the Oppenheim Group are back!
And along with them come more million-dollar deals, some fresh new faces, and all the drama you’d expect from the Netflix series best described as ‘Real Housewives meets Million Dollar Listing.‘
Spicing things up this season are two new additions to the Selling Sunset cast, joining familiar faces like Chrishell Stause, Mary Fitzgerald, Emma Hernan, Heather Rae El Moussa, Amanza Smith, and Chelsea Lazkani.
O Group veteran Nicole Young steps into the limelight (after she’d only made brief appearances in past seasons, including a memorable one in Season 2 when she officiated Mary and Romain’s wedding), alongside model-turned-real estate agent Bre Tiesi.
For those of you keeping up with celebrity news, Bre might already be a familiar face, as the ambitious real estate agent was holding headlines last year after having a baby with Nick Cannon.
We also get to meet Jason Oppenheim’s new girlfriend, Marie-Lou Nurk, and Chrishell Stause’s partner (later turned wife), G Flip. But despite the show’s new additions, what we’re most excited to see more jaw-dropping mansions and multi-million-dollar homes — and there’s no shortage of those in the new season.
So we took it upon ourselves to track down all the spectacular houses in Selling Sunset Season 6, and give you a breakdown of their impressive features, endless lists of amenities, and upscale features.
The spectacular houses in ‘Selling Sunset’, Season 6
Selling Sunset doesn’t disappoint when it comes to real estate eye candy. From sprawling penthouses to massive mansions, Season 6 brought us plenty of million-dollar homes to daydream about — and even had us revisit some past favorites, like Chrishell Stause’s beautiful home in Hollywood Hills.
And since luxury real estate is our obsession, we couldn’t help ourselves and tracked down all the Selling Sunset houses that graced our screens in Season 6 of the hit Netflix show.
With the exception of Chelsea’s Santa Monica listing, which we couldn’t find as there weren’t many details available (or maybe Chelsea didn’t land the listing?), and Nicole’s West Hollywood listing, here’s a quick update on all of the houses featured this season, along with property photos and videos that allow you to take a closer look at these phenomenal estates.
Bonus: before we go into the houses that made their way on-screen, we’d like to take a second to applaud the Netflix production crew’s choice when picking the shooting location for promotional images.
The posters for Selling Sunset‘s sixth season were shot at the iconic Sheats-Goldstein Residence, an architectural marvel and Hollywood landmark designed by lauded architect John Lautner.
Saint Ives Place, West Hollywood – Harry Styles’ former house
An impressive property with celebrity pedigree, this West Hollywood manse was the perfect location to kick off Season 6 of Selling Sunset.
Previously owned by As It Was hitmaker Harry Styles (who bought and sold quite a few Los Angeles-area mansions over the years, including one that later became Lizzo’s house), Emma’s listing has a phenomenal location and all the luxury amenities you’d expect from a former celebrity pad.
With 4 bedrooms, 6 baths, and 4,401 square feet of living space, the Netflix-features Saint Ives Pl. is ideally located behind private gates right above the Sunset Strip — which means it offers beautiful panoramic views that extend from Downtown L.A. to the ocean.
At the time Selling Sunset filmed its Season 6 episodes, the property was listed for $7,995,000. Not to spoil anything for Netflix fans (as Harry Styles’ former house may make a comeback in the next season), but the property is still on the market, with a slightly reduced price.
We’ve also learned that the property is available as a rental asking a whopping $1,500 PER DAY.
Lloydcrest Drive in Beverly Hills, Emma’s $18,995,000 listing
We’re suckers for striking modern mansions, and the Lloycrest Dr house on Selling Sunset is right up our alley.
The 5-bed, 9-bath house, which comes with a coveted address (it’s set in the prestigious Crest Streets in Beverly Hills), was listed for just under $19 million.
Hardworking Emma had already secured a buyer for the modern Beverly Hills spread, but the sale fell through as the buyers were not happy with how much they’d have to pay for fire insurance, which ran high even for a property this size (the show mentions that the cheapest fire insurance for the house would be 200,000/year – yowza!)
(Spoilers ahead) Fast-forward to now, Lloydcrest Drive is still on the market, though at a significantly lower price point. The property — which offers 10,359 of living space, a massive 2,000 sq. ft. primary suite with a private glam room and hair salon, a gourmet kitchen, and a 20-person home theater with a bar, among others — is currently listed for $12,995,000.
Jason Oppenheim’s two $7.5M penthouses on Hollywood Boulevard
After his Season 5 breakup with Chrishell, O Group co-founder Jason Oppenheim threw himself into work — specifically, converting four condo units on Hollywood Blvd. into two spectacular penthouses with massive rooftop decks and the finest luxury finishes.
As mentioned on the show, Jason sunk nearly $10 million of his own personal money into the project, and he’s looking to cash out by listing each of them for a whopping $7.5 million.
(Spoiler) The two penthouses are still on the market following Selling Sunset‘s Season 6 premiere, though the smaller of the two — both units have 3 beds and 4 baths, but one is slightly larger at 3,820 square feet versus 3,580 sq. ft. — has seen its price drop by $500,000. It’s now listed for $6,995,000 (and as a rental for $49,900/mo), while the larger unit retains the original $7,495,000 asking price and a $49,900/mo rent price.
Micah’s Hillside Ave house
Micah, the developer behind the impressive Lloydcrest Drive property we mentioned earlier, was also selling his original home — and had enlisted Emma to be his agent for this one too.
Set on the same prime Hollywood Hills street as the unforgettable $40 million Hillside house from Season 1 and 2, the 5-bedroom, 5-bath home comes with 4,840 square feet of luxurious living space, an open floor plan with floor-to-ceiling sliding glass doors, and a King Kong statue(?) guarding the pool area.
Remember when Emma said how flattered she was that Micah was entrusting her with the sale of this home? Well, turns out he was right to do so (Warning, spoilers ahead): The Hillside Ave house from season 6 of Selling Sunset sold for more than the asking price.
Listed for $5,495,000 in August 2022, the 5-bedroom spread sold for $5,726,000 a few months later, in November 2022 per public records. Way to go, Emma!
N Stanley Ave, the black house on Billionaire’s Row
For this one, we didn’t have to do much research, as we extensively covered this beauty when it came to market last year.
Photo credit: Sean Gordon courtesy of The Agency
Definitely one of the most impressive houses featured on Season 6 of Selling Sunset, the newly-built N Stanley property that Heather and Bre visit together is nestled in the hills above Sunset Strip, in the coveted ‘Billionaire’s Row’.
Priced at a cool $24.995 million, the plush property offers all the bells and whistles you’d expect from an ultra-luxurious L.A. listing. And a few extras that probably wouldn’t have crossed your mind.
Offering panoramic views of DTLA, the Pacific Ocean, and the canyon, the spec house offers 6 beds, 9 baths, and nearly 10,365 square feet of living space. It also has a custom home theater, fitness center, wine cellar, second living room, and all the finest custom finishes.
Photo credit: Sean Gordon courtesy of The AgencyPhoto credit: Sean Gordon courtesy of The Agency
The sophisticated smart home also features museum-quality crystals sourced from around the world and placed with extraordinary care throughout the home to energetically enhance the luxury residence. Take a closer look at this stunning Hollywood Hills mansion.
Now, while on the show we see Bre and Heather touring the property (and later, Bre showing the house to her client, Adam), the black N Stanley house from Selling Sunset‘s season 6 was never listed with the Oppenheim Group.
The listing agents for the property are Camellia Yeroomian of The Agency (the other luxury brokerage that has its own Netflix series, Buying Beverly Hills) and Monty Abramov of The Beverly Hills Estates. Which means it isn’t a spoiler if we reveal that the fabulous mansion is still on the market, boasting a slightly altered listing price of $22 million.
300 The Strand, Chelsea’s $22M listing in Manhattan Beach
Set on a corner lot facing one of California’s best beaches, 300 The Strand is a rare oceanfront listing with all the bells and whistles its high price point commands.
With 4 bedrooms, 9 baths, and 4,440 square feet of modern coastal living space — plus a Strand-front patio, and a sports court with basketball hoop and a private, heated entertainment terrace with in-ground spa, fire pit and BBQ — Chelsea’s 300 The Strand listing is definitely one of the most impressive properties featured in Season 6 of Selling Sunset.
Related: Manhattan Beach’s priciest listing is a $36M modern mansion with luxury resort vibes
A few months after the season filmed, the oceanfront home in Manhattan Beach is still on the market, looking for either a buyer (it’s still listed on the O Group’s website for $21,999,000, though it’s worth noting that other industry websites no longer have it listed for sale) or a renter (it also appears as a $55,000/mo rental on popular real estate websites like Zillow or Realtor.com).
The Woodvale Road property in Encino
Heading over to Encino, new O Group agent Bre Tiesi is hoping to land a phenomenal listing set on Woodvale Road.
The newly built, 8-bedroom, 14-bath property is the pinnacle of luxury, offering over 21,000 square feet of meticulously crafted and designer done living space.
With stand-out features like a chef’s prep kitchen, home theater, professional gym, full spa, hair salon, elevator, temperature-controlled wine storage, 14-car garage that doubles as an event space, outdoor basketball court, and fabulous detached two-story guesthouse, the Woodvale Road property was priced at $25 million, and Bre was eyeing the ultra-generous $750,000 commission she would make from the sale.
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(Spoiler ahead) However, a little bit of research shows that Bre did not in fact land the Encino listing. Public records for the property show that it did find a buyer though — even if the O Group was likely not involved in the transaction.
The Encino mansion ended up selling in February 2023 for a cool $17,500,000, a price point that made it one of the biggest transactions in the family-friendly Encino neighborhood.
The Benedict Canyon house Mary was eyeing for one of her clients
For one of her clients — a couple from the UK who works in events and needs plenty of space and a large backyard — Mary was touring a stunning Beverly Hills property aptly dubbed Jardin de los Suenos (the House of Magical Gardens).
The newly designed Benedict Canyon house on Selling Sunset comes with 6 bedrooms, 7 full baths and one half-bath, and a generous 7,000 square feet of living space.
With extra tall ceilings (14-foot ones for the common spaces, and a 23-foot ceiling in the formal entry foyer) paired with equally tall windows and sliding glass doors, the property perfectly embodies the indoor-outdoor Cali living.
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2231 Benedict Canyon Dr Beverly Hills from Barcelo Photography Inc. on Vimeo.
Also featuring a total of 5 fireplaces, a 200-bottle temperature-controlled all-glass wine storage room, and a media/screening room, plus a one-bedroom guest house, it’s no surprise that the property didn’t linger on the market for too long.
(Spoiler alert) Listed for $8,999,995 in late July of last year, the property was sold a couple of months later for almost full ask: $8,956,000. Unfortunately, it doesn’t seem like Mary’s clients were the lucky buyers. Public records show that a different brokerage was attached to the sale.
The Oak View Drive house in Encino that Chrishell visits
On Episode 5, S06 of Selling Sunset, we join Chrishell for a property visit that brings us back to Encino to tour a 7-bedroom, 9-bathroom house on Oak View Drive.
Boasting the “best views in Encino”, the 7,003-square-foot home had been completely re-imagined by the developers, who invested about $1 million in property upgrades before listing it themselves.
Featuring beautiful cedar and oak detailing, a perfectly-appointed kitchen, a 1,000-square-foot primary bedroom with a large bathroom, and an infinity pool (plus a quirky neon sign that says “I Licked It So It’s Mine”) the Oak View Drive house also got Amanza and Heather’s seal of approval.
What happened to it since that episode was filmed? (Potential spoilers ahead) While Chrishell mentions that she does have a client that’s looking for something in this price range (especially if the developers/listing agents are willing to adjust the price, if needed), it seems that the property may have not been a good fit after all.
Listed for $7,895,000 million at the time of filming, the Encino house is still on the market — but has recently been re-listed at a revised price of $6.5 million. Take a closer look (swipe for more pics):
The sleek $33M Londonderry Place mansion Bre tours with her client
Bre means business! Her drive to sell eight-figure properties leads to her showing a striking $33 million mansion to one of her clients, Telli Swift, the fiancée of championship boxer Deontay Wilder.
One of the most bonkers mansions we’ve seen this season, the Londonderry house blends black and gold finishes throughout its 14,000 square feet of living space.
With 6 bedrooms, 8 baths, and soaring 30-foot ceilings, this sleek Selling Sunset mansion has an endless list of amenities, including a spa wellness retreat with a cryo chamber, hot yoga and salon, and a two-level glass-bottomed pool.
The striking property was also featured on Architectural Digest a few years back, with its unique amenities and aesthetic appeal attracting over 4.5 million views on YouTube.
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(Spoilers) At the time of writing, shortly after Season 6 of Selling Sunset aired, the Londonderry house is no longer on the market, per public records. However, since no sale was recorded in the meantime, it could very well be that the property is still up for grabs but held as a pocket listing by one of L.A.’s top luxury brokerages.
Poo Bear’s house at Zorada Court
Once again courting her many famous friends, we see Bre touring music producer Poo Bear’s house in Los Angeles, a 5-bedroom, 5.5-bath modern retreat overlooking Nichols Canyon.
Poo Bear and his wife, Ashley, are looking to list the property as they’re moving to Miami and Bre is hoping to get the listing, which could potentially earn her a $297,000 commission.
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Beyond the property’s many attributes, Poo Bear’s house is also where music history has been made. The music producer/songwriter has collaborated with some of the biggest names in the music industry, including Justin Bieber, Chris Brown, Usher, Skrillex, and J Balvin, with many of their famous songs being written in this house.
In fact, the white piano (that comes with the house) is where Justin Bieber’s Yummy was created, Poo Bear shares.
Related: Where does Justin Bieber live? His many houses — both past and present
As for what happened to the property after its Selling Sunset appearance (warning, spoilers ahead): after first being listed in November 2022 for $8,900,000, Zorada Ct’s price was dropped to $7,995,000 in early February 2023, only to sell less than two months later for $6,850,000. No O Group agent was involved in the transaction, neither on behalf of the seller nor of the buyer.
Chelsea’s listing at 15th Street in Manhattan Beach
Taking us back to dreamy Manhattan Beach, Chelsea walks us through her 3-bed, 4-bath listing with easy beach access.
While the first offer Chelsea got for the property was fairly low ($3.6 million), she knew she priced the house right and wasn’t going to budge until she got the offer up for her client.
And she stayed true to her words, selling the 3-story for $3,900,000 — just $50k shy of the initial asking price of $3,950,000. Way to go, Chelsea!
The Beverly Boulevard condo Heather tours for Heather and Terry Dubrow
Leading the home search for Real Housewives of Orange County star Heather Dubrow and her husband, plastic surgeon and Botched co-host, Terry Dubrow, Heather tours a $17,500,000 condo at 8899 Beverly Boulevard, hoping she will land her biggest sale to date.
Accompanied by Brett, Heather walks us through the 4-bed, 4.5-bath condo with jaw-dropping views and resort-level amenities.
However, we learn later on that Terry and Heather Dubrow didn’t purchase the place, but they did ‘settle’ on an equally expensive penthouse set in the coveted Century building known as the Cavalli Penthouse (due to its many upscale furnishings that bear the signature of Roberto Cavalli).
Heather wasn’t the only one to land a killer commission though. (Potential spoiler) The $17.5 million penthouse from Selling Sunset was sold a few months later (at full ask), with none other than Brett Oppenheim repping the buyer.
Elvis’ honeymoon house
Okay, so this isn’t an O Group listing, we know. But how can we write an article about all the phenomenal luxury listings featured in this season of Selling Sunset without at least mentioning Elvis and Priscilla’s honeymoon house?
An iconic Palms Springs property, the futuristic residence was actually built in 1960 by pioneering Modernist architect William Krisel.
At the time, its spaceship-like design earned it the moniker “The House of Tomorrow”, but that didn’t last long, as Priscilla and Elvis Presley famously celebrated their honeymoon here in 1967 — after which it became widely known as “Elvis’ Honeymoon Hideaway”.
Related: Graceland, Elvis Presley’s house in Memphis – everything you’ve ever wanted to know
Last year, the property had a brief stint on the market, listing in early October 2022 for $5,650,000. Unsurprisingly, a month later, the King’s honeymoon house was already sold at full ask.
The Brentwood house Bre shows Saweetie
Heading over to celebrity-friendly, suburban Brentwood, Bre takes us — and her friend, rapper Saweetie — on a tour of a 7,401-square-foot beauty priced at a cool $8,800,000.
The 5-bedroom, 7-bath home at 19th Helena Drive sits on a quiet cul-de-sac and boasts beautiful architectural details. With an expansive open floorplan on the main floor, inviting (and ultra-private) bedrooms shielded by the lush landscaping, and a lower level designed for entertainment — featuring a plush theater and deluxe wet bar, opening directly to the impressive pool with spa, green lawns, barbecue area, and built-in firepit — the house does seem to be a perfect fit for Saweetie.
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(Potential spoilers) However, despite Bre’s excellent match-making, it wasn’t a done deal. Public records show that the property did indeed sell, but the sale closed in late March 2023 and doesn’t show Bre or any other Oppenheim Group agents associated with the transaction.
The selling price was $7,000,000, considerably lower than the $8.8 million ask mentioned on the show. Fun fact: the property was actually first listed for a whopping $12,949,000.
The house Heather and Bre visit on Sunset Plaza Dr
The last property of this season takes us to Sunset Plaza Dr, where a new-to-market 3-bed, 4-bath listing needs to be assessed by Bre and Heather, to see if it’s a good fit for their clients.
Listed for $4,995,000, the 3,364-square-foot bachelor pad has a massive primary bedroom suite that gets several “Oh my gosh” out of Heather, which isn’t an easy feat given the type of properties she’s used to.
This sleek contemporary home located above the Sunset Strip showcases jetliner panoramic views from Downtown to the ocean. It then comes as little surprise that the home also has multiple outdoor decks and a rooftop deck to capitalize on those extraordinary views, as well as an infinity edge pool with a private Baja deck and swim-up bar.
As for what happened to it (Potential spoilers), the Sunset Plaza Dr property sold in April 2023 for $3,150,000. While it may not have been a good fit for any of Heather or Bre’s clients, the O Group did get a significant commission out of the sale, as Jason Oppenheim was the listing agent for the property.
Admittedly, while watching the show, I felt like there were fewer properties and considerably more drama than in previous seasons. However, after writing about each Selling Sunset house that graced our screens in Season 6 of the hit Netflix docu-soap, I realize there were quite a few show-stopping mansions for us to daydream about. Hope we’re going to get to see some of them return in Season 7.
Editor’s note: While we did our best to identify all the properties featured on Selling Sunset, there’s always a possibility that we’ve missed something. If you spot anything that’s off, or you have an inside tip on one of the properties, drop us a line anytime at hello (at) fancypantshomes.com
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What happened to Hillside, the $40 million house from ‘Selling Sunset’? Bling Empire’s Kane Lim Lists $1,888M House with Selling Sunset’s Chrishell Stause Chrishell Stause’s House is a $3.3 Million Midcentury Ranch in Hollywood Hills ‘Harry & Meghan’ was filmed in this stunning $33.5 million Montecito house
The Complete Guide to Teaching Kids About Money – MintLife Blog
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$400 emergency, and a third have saved nothing for retirement. Meanwhile, more than 60 percent of young adults under 34 say that thinking about their personal finances makes them anxious.
In many cases, these young adults feel anxious about their finances because they never learned about money growing up. Fewer than 20 states require high school students to take personal finance classes, even as studies show that young Americans want to learn about money and wish they had learned to be more financially savvy in school.
That’s where you come in. Giving your kids real-world lessons at home on how to manage their finances will go a long way toward helping them stockpile plenty of savings, stay out of debt and maintain healthy credit scores.
Read on to learn the critical money lessons you should teach your kids at every age, from their toddler years to their teen years.
Table of Contents
Start With Yourself: Be a Good Example
Smoking. Drugs. Bullying. All of these are topics that parents say they would rather discuss with their kids than the family’s finances.
Maybe you have struggled with using money responsibly in the past. Maybe you don’t want to tell your kids how much you make or reveal that you’re in debt. But it’s important that you become comfortable with talking to your kids about money so that they become comfortable using it.
Brush Up on Basic Financial Concepts
Pop quiz! If you take out a loan for $1,000 with a 20 percent interest rate, how much will you owe per year in interest?
The answer is $200. Did you know that? If not, you’re like almost two-thirds of Americans who have trouble calculating interest rates.
Take some time to brush up on basic financial concepts. Make sure you understand these topics inside and out so that you can answer your kids’ questions and provide the most well-rounded lessons possible.
Get Out of Debt
Every good lesson in using money responsibly starts with reducing or eliminating debt. More than family’s finances and get on the same page. This way, you can better understand your family’s financial goals and communicate them with your kids.
It’s also helpful to write down your family’s financial goals and display them in a prominent place in the home. For example, if your family wants to go on vacation later in the year, you could post that goal on the refrigerator to remind everyone why the family is saving.
Protect Your Kids
Another important component of putting your kids on the best financial track possible is thinking about what would happen if you could no longer take care of them.
Even though most Americans have life insurance, a good chunk do not have enough coverage. About half of Americans have $100,000 or less in coverage. It’s recommended that you have coverage equal to at least 10 times your salary. With kids, that multiplier should typically be even higher.
Also, make sure you have a will to ensure that your assets are properly divided and that your kids are cared for should something happen to you.
Younger Than 3
At this age, your kids likely just learned how to throw a ball overhand or to scribble freely on paper. They have no idea what money is or how it works — but that doesn’t mean you can’t introduce them to some basic money concepts.
Allow them to play with coins. Play store to introduce them to the concept of a marketplace. Even allow them to watch you pay bills. This helps them understand that money has a value and that items vary in cost.
Coin Identification Game
Show your toddlers different types of coins. Allow them to trace the outlines of the coins onto a piece of paper. As you color in the shapes that you traced, help them to match the coins to the drawings and repeat the coins’ names.
Coins are more fun for toddlers to play with than paper money, but you can also draw dollar bills and color those in to include in your toddlers’ homemade “wallets.”
The Play Store
Using the pretend money that you created from the coin identification game, gather a bunch of household items and allow your toddler to exchange the money for the items.
Kids already love playing store for the fun of it, but take this opportunity to show them that different items require different types of pretend money. For a twist on the traditional game, decorate price tags and attach them to the items.
Toy Calculator and Checkbook
Toddlers are always watching you, so why not use that to help them learn about money? When you’re paying bills with your checkbook and calculator, let them know that you’re buying things just like they do when they play store.
For even more fun for your toddlers, give them their own “checkbook” and calculator to play with while they watch you.
Ages 3 to 5
By kindergarten and pre-kindergarten, your kids have already seen you give something green to the pizza delivery driver or put down a piece of plastic on the table at the end of your dinner at a restaurant.
It’s your job to answer their questions and explain to them that they need money to buy things. As they reach school age, you can even allow them to manage a little bit of money on their own by way of allowances.
It’s up to you whether the allowance should be earned or given, but the important thing here is to teach your kids to save and to help them understand that they may need to wait before they can buy something.
Saving, Spending, and Sharing Jars
Gather three clear jars and ask your kids to decorate labels with “saving,” “spending,” and “sharing” for the jars. Piggy banks are great, but you can’t see what you’re putting in them, and you want your kids to be able to see the progress they’re making!
Explain that everything costs money. The money in the “spending” jar can be used today to buy anything your kids want within reason. If they want something that is more expensive, they will have to wait until their “saving” jar has enough money in it.
You can also encourage your children to put a couple of coins or a dollar bill or two in the “sharing” jar, and help them think of charities for the money.
Needs vs. Wants Shopping
Let’s say your kids want a $10 stuffed animal. Help them count out $10 from their jars. Have them take the $10 to the store and hand the coins and bills to the cashier. Allow them to see how much money is left in the jars, and explain to them that if they spend money this time, they’ll have to wait a little bit before they can buy something again.
If they don’t have enough money in the jars, help them understand how much they have and how long it will take to save enough for the stuffed animal given their current savings rate.
Imaginary Restaurant
What kids don’t like to play restaurant? At the end of the game, remind them that they can’t leave the table without “paying” the bill.
This is also a good opportunity to introduce your kids to the relative value of coins and bills. Show them that one-dollar bill equals ten dimes or four quarters.
Ages 6 to 10
While teaching kids about money is critical at every age, this age group is especially important. Researchers believe that kids’ money habits are formed by the time they turn seven.
Give them a firm foundation in protecting their money in savings accounts (and earning interest), shopping around for the best deals and understanding the different ways that money can be spent or shared.
Opening a Savings Account
Take your kids with you to the bank. Explain to them that putting your money in a bank is better than stockpiling money at home because a bank protects your money and pays you interest.
Explain that the bank pays you interest as a reward for keeping your money in that bank, instead of at another bank. Also, explain that interest is a cool concept because it keeps growing the longer you keep your money in the bank.
You can illustrate this concept by asking your kids to set aside $1 from their allowance. Tell them you’ll act like the bank and pay them 10 percent, or a dime, in interest for this $1. They’ll now have $1.10. Explain to your kids that you’ll pay interest on this $1.10 in a month and that they’ll receive 11 cents instead of just a dime. Allow them to see how interest keeps adding up!
Coupons and Comparing Prices
It’s surprising how much your kids can learn about money at the grocery store! If you use coupons, ask your children to help you clip them and identify the corresponding products at the store. Make sure they watch as the cashier scans the coupons and shaves dollars off your bill.
Additionally, look closely at the unit prices of products. Ask your kids to help you determine which products offer a better deal (a lower price per ounce, for example). This is also a good opportunity for your kids to practice their basic math skills.
Career Exploration
It’s important for kids to know that money is not just spent on physical goods, like food and toys. Explain to them that money is also spent on services, like labor. This is a good time for you to tell them what you do to make money and encourage them to start thinking about what they might want to do when they grow up.
Charitable Giving
Since many of your kids’ money habits will be formed during this time, make sure to explain the importance of giving back to their communities and to those in need. You’ll want to tell your kids that they are part of a larger community and that everyone in the community is responsible for those around them. This includes a responsibility to give your time and some of your money to community causes.
Help them connect with a cause they might care about, like a local animal shelter that rescues stray cats or an environmental group that plants trees in the local park and explain that they can give some of their money to help others. Helping them to understand that not everyone has the money they need will help them appreciate their money and grow to be more giving adults.
Ages 11 to 13
Your kids have already opened savings accounts and have seen how money seems to show up out of nowhere. It’s time to explain how compound interest works and explore other places to store your money. They also can begin to learn more about the worth of objects around them.
Exploring Compound Interest
Finally! You get to share the wonders of compound interest with your kids. Play around with a couple of classic examples that show that savings can really add up, but only if you start saving early.
For example, if they save $100 every year starting at 14, they’ll have $23,000 when they’re 65, but only $7,000 if they start saving when they’re 35.
Encourage them to play with an online compound interest calculator that allows them to input the specifics of their bank accounts and play around with different time periods and interest rates.
Investment Games
Show your kids that you can store your money in other ways that could make you more money than a traditional savings account. However, be careful to warn about the risks of losing more as well.
Have your kids pick out a couple stocks that relate to their favorite hobbies. Track how the stocks perform every week for a given amount of time and award a prize (maybe a pizza dinner or a movie night) to the winner.
Yard Sales
Your kids should have a pretty good grasp on how to value different objects already, but allow them to develop these skills even further with a yard sale (and clean out your basement in the meantime).
Put them in charge of planning the yard sale, finding things to sell, setting the prices, and interacting with customers.
Ages 14 to 18
By this point, you’ve helped your kids learn about money for more than a decade. Now it’s time for them to start working and thinking about college before they eventually go off on their own.
Be prepared to answer many questions during this time, as there are many essential financial You’ll need to cover everything from paychecks to checking accounts, credit cards, and social security.
Breaking Down the Paycheck
As your kids earn their first paychecks, they might not like what they see. The total might not match the amount they had banked on earning. Now’s a good time to explain taxes.
Explain the different types of taxes to them and show them where the taxes go, whether it’s to Social Security or Medicare or elsewhere. Also emphasize the importance of saving and encourage them to open an individual retirement account.
Perhaps your daughter or son will want to make some extra cash. Encourage them to be resourceful and help them look for opportunities like babysitting or selling old clothes.
Debit Cards
Before your kids head off to college and eventually open their own checking accounts, they might want some practice at home. Consider opening a joint account with your kids to give them access to a bit of money. You can monitor their spending using online apps and ensure that they’re making healthy financial decisions.
Their names can also be on the checks associated with the account. Take this opportunity to teach them about writing checks and balancing checkbooks.
Credit Cards
Kids can’t enter into legally binding contracts, such as credit card agreements until they are 18. One way around this is to add your kids as authorized cardholders under certain circumstances.
Whether or not you give your kids access to your credit cards at this point, you must teach them to use credit cards responsibly. Explain that they should use a credit card only if they can pay off the monthly payment in full. Talk about the dangers of debt and how missed payments decrease credit scores and make it harder to secure loans.
Finally, stress the importance of exercising caution and avoiding suspicious websites when entering your credit card number online.
Social Security Numbers
It’s likely your kids will be asked repeatedly for the last four digits of their social security numbers. Make sure they memorize all of the digits before they go off to college so that they’re not caught off guard.
Every parent wants their kids to be financially healthy — to have plenty of savings, know how to budget, and avoid the troubles that come with bad credit. But your kids won’t know how to be savvy with money on their own. Take the time to teach them good tips at every age and set them up for success.
Additional Resources
Find games, activities, and information about money for kids at MyMoney.gov.
Follow the FDIC’s Money Smart for Young People lesson plans.
Explore the U.S. Securities and Exchange Commission’s Compound Interest Calculator.
Learn how to explain taxes to kids at USA.gov.
Investigate different types of coins and learn more about the U.S. Mint.
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Saving for a comfortable retirement doesn’t have to mean a radical lifestyle makeover.
December 11, 2017
How much should millennials save for retirement (especially without giving up beloved treats, like avocado toast at your favorite brunch spot)? That’s the $1 million question and, if you’re a millennial, you’re probably looking for a hint so you can get your finances into shape.
Ultimately, how millennials should save for retirement depends on their income, debt, long-term financial goals and what options they have for stashing money away for the future. Even if it seems way too far off to worry about, numbers don’t lie: The earlier you start saving, the smaller are the amounts you have to sock away at any one time, and the more you will ultimately have when it comes time to kick back in retirement.
Still, 46 percent of millennials say they can’t afford to invest for the future, including by putting money into a retirement account, according to a Bankrate survey. Another survey, also conducted by Bankrate, found that millennials are not saving any money at all (or they’re not saving more than 10 percent of their income).
If you’re struggling to find the cash to save and running into obstacles to millennials saving for retirement, don’t fret. With simple changes, it’s possible to get your savings on track without committing to a total lifestyle makeover (you can still order that avocado toast this weekend). Here’s how:
1. Strike a balance between student debt and savings
Student loan debt is one of the biggest obstacles to millennials saving for retirement. The average student loan debt for graduates from the class of 2018 was $29,200, according to Bankrate. That’s a 2 percent increase from the year prior.
The interest rate on your loans is a huge factor when deciding how much should millennials save for retirement, says Michael Lux, an Indianapolis-based attorney and the founder of a website dedicated to student loan education, strategy and borrower advocacy.
“If you have a student loan with a 3.00% interest rate, it makes sense to invest in retirement rather than aggressively paying down the debt,” Lux says. “However, if you have high interest rates on your student loans, money used to pay down the debt will go much further than many investments.” So if your loans carry a higher rate than what your investments are earning before taxes, you may get more bang for your buck by accelerating your debt payoff.
While you can’t wave a magic wand to get rid of your loans, you can sometimes find a way to make them less taxing on your wallet. Consolidating or refinancing your loans at a lower rate could offer savings by potentially reducing your monthly payment or interest rate. If you’re able to lower your payment without stretching out the loan term, you could use the extra money to start compounding your savings for retirement.
2. Track your spending
Keeping tabs on spending can go a long way toward overcoming the obstacles to millennials saving for retirement.
Kevin Michels, CFP®, says having a clear understanding of your cash flow can help you find the money to save.
Using a financial app can take the hassle out of tracking your spending. These apps link with your checking and credit card accounts to record your purchases so you can see at a glance where your dollars and cents are going.
Michels says once you understand what your current financial picture looks like, you can aim to improve it. This can help answer the question of how much should millennials save for retirement.
“Can you cut out unnecessary expenses or increase your income with a side hustle?” he says, suggesting gigs like freelancing, moonlighting as a ride-sharing driver or hiring out your services via online marketplaces that connect consumers with people willing to lend a hand with everyday tasks. “Figure out exactly how much you can add in surplus each month to go toward saving for retirement.”
Once you’ve added income where you can, and if you feel like you still want to trim your expenses, taking a closer look at your discretionary spending might reveal some easy ways to save on everyday expenses. If you pay for a monthly gym membership, for example, perhaps you could change up your workout routine and start running or do yoga at home instead. If you go out to eat regularly with friends, consider swapping a night out for a potluck dinner or an at-home Sunday brunch—avocado toast and all—to save cash. Finding money for retirement doesn’t mean giving up fun completely. You may just need some new ways to approach it. This could help eliminate obstacles to millennials saving for retirement.
3. Cash in on your employer’s retirement plan
Figuring out how millennials should save for retirement begins with understanding the options. If you have access to a retirement plan at work, that’s a great place to start, says Jake Serfas, lead financial strategist at a financial planning firm in Washington, D.C.
“A 401(k) offered through your employer can be your biggest tool in terms of saving money and preparing for retirement,” he says. Contributions to a 401(k) are deducted from your taxable income, potentially reducing your tax liability for the year. And you can use a 401(k) to grow your retirement savings faster if your employer offers a matching contribution. Not capitalizing on your employer’s 401(k) plan is actually a common retirement savings mistake.
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So how much should millennials save for retirement in their employer’s plan? Serfas says you should at least be saving enough to get the match, if there is one. Matching formulas can vary, but one common match is dollar-for-dollar on the first 6 percent of employee contributions. When you don’t chip in enough to get the match, you’re leaving money on the table.
But what if you don’t have a 401(k) at work? In that case, you could open an IRA. A Discover IRA CD, for instance, offers competitive rates at fixed terms. Both 401(k)s and IRAs offer millennials a tax-advantaged way to save for retirement.
4. Don’t be afraid to start small
Getting past the obstacles to millennials saving for retirement sometimes means having to work on a small scale to achieve your big-picture goal.
Michael Banks, founder of a personal finance and investing blog, says to answer the question of how much should millennials save for retirement, you need to have the right perspective.
“There’s no minimum amount required to start saving for retirement,” Banks says. “Even $20 a month is good, if you invest it in the right places.” Banks suggests micro savings apps, which allow you to invest your spare change in various diversified investments. Banks says the convenience of being able to track your investments from a mobile device may be especially appealing to on-the-go millennials.
“The amount you’re saving isn’t what’s important,” Banks says. “What matters most is saving consistently, early and often.”
If you’re starting your retirement plan from scratch, the Discover IRA Savings Account might be a good option. With no minimum balance to open, this account allows flexible contributions to fit any budget.
Set goals to avoid obstacles to millennials saving for retirement
The question of how millennials should save for retirement doesn’t have a one-size-fits-all answer. Setting goals based on where you are financially can help you reach your retirement savings objective. Making small changes can help you keep the ball moving toward your ultimate goal of a comfortable retirement without feeling overwhelmed.
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As landlords struggle to get people back into office buildings that emptied during the pandemic, some are turning to entertainment and other enticements such as yoga classes to woo wary workers.
At the Water Garden office complex in Santa Monica, a dance troupe has taken up residence and puts on free performances and classes for kids. Flower arranging classes are packed and the weekly tenants-only comedy show after work is a hot ticket. Musical performances by local artists are a lunchtime draw.
Farmers markets, concerts, art shows and other attractions for office tenants aren’t completely new, but they have taken on urgency as landlords and executives of companies occupying their buildings strive to get workers enthused about showing up.Some property owners are hiring “tenant experience managers.”
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In most commercial buildings, only about half the workers show up at their offices on weekdays, key-card swipes reveal. Office leasing is also weak: Space rentals declined again last quarter to bring the overall total of unleased space in Los Angeles County to nearly 20%, well above the 12% rate before the pandemic.
To get workers in the office, “you need to find new ways to engage people,” said Bess Wyrick, head of programming at the Water Garden for property manager CBRE.
Stefany Silva, left, Kimberly Fuentes, Jennifer Sandoval and Nicolette Battad learn how to make floral arrangements at the Water Garden office complex in Santa Monica on Dec. 8.
(Genaro Molina / Los Angeles Times)
With daily office attendance not mandatory at many companies, “It’s no longer about trying to create a work-lifestyle balance,” she said. “It’s about creating a hybrid workplace where people are excited to come.”
Hybrid work patterns have spread widely since the pandemic shutdown of 2020. As companies bring workers back together, many have reduced the number of days their employees are required to be in the office, creating flexible combinations of office days and remote work days.
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Cosmetic company L’Oréal Group demands that employees work in the office at least three times a week, on days of their choosing. L’Oréal sweetens the office experience with such comforts as a fitness center, restaurant, juice cafe and a cabana-like bar that serves coffee drinks and, depending on the occasion, alcohol.
Disney Chief Executive Bob Iger recently announced that employees working from home must return to the office Monday through Thursday starting March 1. Fridays are typically the least populated days for offices, research shows, and while most employees toil at home that day, a few companies are taking them off the business calendar altogether and working 32 hours a week.
Guy Blanco of Dirty Latte Co. prepares coffee for workers at the Water Garden complex in Santa Monica last month.
(Genaro Molina / Los Angeles Times)
Landlords are also keen to make offices appealing so tenants will keep renting space in their buildings.
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The campus-like Water Garden was a dreary place after being devoid of occupants during the worst of the pandemic, Wyrick said. While they were gone, nearby businesses and restaurants nearby failed or left for other reasons.
“The area was a ghost town,” she said.
Wyrick’s first move was to arrange live performances by local musicians and dancers in the courtyard. Among the complex’s biggest tenants are retailer Amazon and technology firm Oracle.
One of Wyrick’s goals was to make the Water Garden a place people wanted to visit, including neighbors who could walk over to take in a mid-day concert or see pieces by local artists displayed and for sale in the lobbies of the four office buildings. Getting a buzz of life into the campus could help address a common chicken-and-egg complaint about going back to the office — people don’t want to go there if other people aren’t around.
Paying performers to appear, serving free food to tenants at holiday soirees and other planned events are part of a marketing strategy to get the property occupied, she said.
“We will lose money in the beginning,” she said, “but it drives people to put roots in the space.”
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The key measure of success is leasing, and Water Garden has added tenants over the past 12 months. Its 1.4 million square feet of rental space is 86% leased, up from 72% leased a year ago, Wyrick said.
Harpist Pheobe Madison Schrafft plays for workers on a lunch break at the Water Garden office complex in Santa Monica.
(Genaro Molina / Los Angeles Times)
One of her leaps to enliven the place was to agree to an unusually short lease with a well-known dance company for an expansive first-floor space last occupied by a furniture showroom. In exchange, Jacob Jonas The Company agreed to engage with other tenants through free classes, performances and other events.
The nonprofit dance company has performed at Lincoln Center, the Kennedy Center and the Hollywood Bowl, as well as with such musical artists as Rosalia, Sia, Elton John and Britney Spears.
For years, the company was based in the Wallace Annenberg Center for the Performing Arts in Beverly Hills. The chance to dance in a working office complex built to the buttoned-down tastes of 1990s business executives holds special appeal to company founder Jacob Jonas, a Santa Monica native who got his start as a street performer on the Venice boardwalk at age 13.
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“Our neighbors are some of the leading corporations in our country. There’s something really validating about that and sharing our work,” he said. “When you have people working behind a desk from 9 to 5 and then being able to expose them to creativity and expose them to art in such a unique setting, that crossover is rather beautiful.”
Workers and visitors at the Water Garden can take workshops in floral design, see weekly comedy shows and attend movie nights.
Garryl Bohanon gets some work done near a Hanukkah display in the courtyard of the Water Garden office complex in Santa Monica on Dec. 8.
(Genaro Molina / Los Angeles Times)
Nearly a fifth of the L.A. County’s office space was unleased at the end of last year, according to CBRE, and more empty space may hit the market soon as tenants hoping to save money try to sublease unwanted space due to concerns of a constricting economy and potential layoffs. Some are reducing their space because their employees are working remotely.
“The general consensus among most economists is we’re heading into a recession,” said Bradford Ortlund, a research manager at CBRE. Many companies are declining to expand their offices or reducing space as they wait for the economic picture to come into focus.
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The nature of upmarket offices was already shifting before the pandemic as many landlords toned down the dramatic formality of their entrances originally intended to confer status and trustworthiness on the companies inside. As aloofness fell out of favor, owners set out to make their lobbies and courtyards places to linger and enjoy rather than simply pass through in awe.
Their desire to get people working remotely back into offices makes hotel-like hospitality freshly valuable, said the owners of U.S. Bank Tower, the tallest office building in Los Angeles at 72 stories.
It was built to be an imposing corporate cathedral in 1989, but landlord Silverstein Properties is close to completing a $60-million makeover intended to make it feel more like a laid-back hotel where tenants and visitors are invited to kick back. The lobby will include a cocktail and juice bar, a coffee bar, a grab-and-go market of packaged foods, communal tables, a large lounge with plush seating and cabanas to add a resort flair.
Staff will focus on hospitality, said tenant experience manager Melanie Navas. People’s names and birthdays are to be remembered. The 54th floor is a tenants-only lounge with a coffee bar and weekly breakfast spreads to help inspire a sense of community. There are yoga classes at the gym on the 57th floor with views of the city.
“The goal is to get people to feel like they want to come back to work and come back to the building,” she and, “and having them leave happy.”
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Art is a top priority for Brookfield Properties, the largest owner of office space in downtown Los Angeles, which has a longstanding program of engagement with tenants. Permanent and rotating art displays are pleasant — and good for occupancy, said Bert Dezzutti, head of the western region for Brookfield.
Workers are framed by a holiday lobby display inside the Water Garden office complex in Santa Monica.
(Genaro Molina / Los Angeles Times)
“Younger workers are more likely to return to the office if they are around art,” he said, citing a survey Brookfield commissioned in the United Kingdom last year that also found that art and cultural activities improve people’s sense of wellbeing and makes them more productive at the office.
“One positive that has emerged from the tragedy of the COVID-19 pandemic is a new focus on what makes a ‘happy’ workplace,” the survey report said. Findings suggest that workers want to work in spaces enriched by art, culture and wellness, which they believe promote creativity and contentment.
“The offices of the future must be more than machines for working in,” the report said, “they must cater to the rich inner life that we all possess.”
One youth-friendly program Brookfield puts on in L.A. is an annual music festival that follows the Coachella Valley Music and Arts Festival. Acts from the popular desert concert series appear after work on four August nights at a Brookfield office and retail complex near Crypto.com Arena.
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Musicians from the Colburn School perform acoustic sets at another Brookfield property. There are DJ concerts open to all and wellness events for tenants that include skin care classes and meditative sound baths.
“We’re creating opportunities for people to interact,” Dezzutti said. “It’s all about engagement.”
Fed up with your makeshift workspace on the dining room table? Or maybe that corner desk isn’t sparking joy or productivity like it used to? Whether you’ve just bought a home in Sarasota, FL, and are designing your first home office from a clean slate, or you’ve been working in the same office since the early days of the pandemic after moving to Katy, TX, and never truly made it your own, now is the perfect time to make a change. If your home office is due for an upgrade, you’re in the right place.
We’ve gathered insider advice from experts to help you create a space that isn’t just about function—it’s about comfort and personal style too. Get ready to take notes on this Redfin article as we delve into color theory, ergonomics, strategic placement, and even the art of decluttering. These expert-approved tips and tricks will guide you in designing a home office that’s not just practical but also a space you’ll love to work in. So, let’s roll up our sleeves and start creating your dream workspace.
1. Revamp your home workspace by reflecting on past experiences
“Think back to workspaces you’ve either worked in or visited in person and use them as a planning tool,” recommends The Order Expert. “What did you find unappealing about the layout, surroundings, environment, lighting, or furniture? Once you’ve identified these characteristics, you can flip things around to your personal tastes and preferences. For instance, if you find cool lighting too harsh, you may want to choose warm lighting in your home office.”
2. Practical tips and accessories that will help you master the art of focus
“A visible sign to let your housemates know you are in the focus zone or doing deep work is crucial. Use a door hanger to indicate that you can’t be interrupted,” recommends Marcey Rader. “Remember, you can’t be in focus mode all day. Take down the sign when you’re doing lighter work.
Standing signifies ‘work,’ while sitting suggests ‘leisure.’ Invest in a standing desk and alternate between sitting and standing throughout the day to prevent glute amnesia and optimize your focus. An essential accessory for standing is an anti-fatigue mat.
Consider getting a whiteboard to list your top priorities for the day. Opt for a double-sided rolling whiteboard that you can easily move around and put away, or use whiteboard decals cut to size without leaving holes in your wall.”
3. Incorporate color to enhance mood and productivity
“When it comes to designing a home office to boost your productivity, use color as a tool to set the atmosphere for your ideal workday,” suggests Simplish. “Colors are coded with unconscious messages and have a proven impact on your mood, indirectly influencing your actions throughout the day.”
“Color theory and the strategic use of color play a crucial role in creating an environment that fosters focus and enhances productivity. For example, cool blues and greens can promote a sense of calmness and concentration, while pops of energizing colors like yellow or red can stimulate creativity and motivation,” says Sims & Co Interior Design. “By harnessing the power of color, we can customize a home office to provide personalized inspiration.”
4. Avoid built-in desks in your home office setup
“Avoid built-in desks as they are often difficult to modify and can be ergonomically unsound,” urges Dr. Scott Leaderman from Ergonomics Doc. “This is especially important when sharing a desk with someone, as even a slight difference in height can significantly impact ergonomics and comfort. Consulting an ergonomic specialist to help find the perfect desk is an excellent way to ensure your workstation is comfortable and efficient.”
5. Add in some personalized art and photos
“Enhance the ambiance with art and meaningful photos on the walls. Adding splashes of color throughout the room can create an inviting atmosphere. Opt for artwork that incorporates colors other than blue and white, as the goal is to surround yourself with hues that differ from the blue tones emitted by computer screens,” recommends Dr. Leaderman.
6. Make your home office set up in a strategic location
“Location matters. Choose a quiet area of your home with minimal distractions for your home office. Ideally, the space should have ample natural light, good ventilation, and most importantly, avoid placing your desk facing East or West. Direct sunlight while working can intensify eye fatigue,” says Dr. Leaderman.
7. Embrace minimalism in your desk setup
“Our desks often succumb to clutter, which studies reveal increases cortisol (the stress hormone) and hampers focus. Thus, a minimalist desk proves highly effective. A minimalist desk consists of essentials: computer, monitor, keyboard, mouse, notepad, writing utensils, and a beverage,” says Alexis Haselberger, a personal coach for time management, productivity and stress-reduction.
“While other desk items may be necessary, keeping them in drawers, cabinets, or boxes promotes better concentration, ultimately saving time in the long run. Moreover, when envisioning an ideal home workspace, incorporating multiple seating areas adds variety and boosts productivity. Assigning different tasks to different areas adds a refreshing change of scenery. While a desk serves well for most work, having a cozy couch or soft chair offers a pleasant alternative. For instance, I find my creativity flourishes on a couch, whereas I revert to my desk when I require multiple monitors.”
8. Strive for a balance between aesthetics appeal and functional efficiency
“In my dream workspace, I would have a clean-lined, spacious desk with impeccable wire management. Wires hanging off my desk would be the last thing I want to see in this serene setting. My office must feature two chairs positioned in the front and back of the desk to accommodate guests. A snappy leather swivel chair on casters becomes a necessity for easy mobility and quick access to my file drawers,” shares Sarasota Chic Interiors.
“In addition to the desk, a complementary credenza equipped with file drawers and storage for photo albums adds to the functionality and aesthetics of the space. To display accessories and showcase my collection of books, a free-floating tall bookcase with LED lighting becomes a focal point. A plush area rug with accent colors would grace the floor, providing a soft surface for my bare feet while ensuring it remains thin enough for effortless movement of my swivel caster chair.
To enhance the ambiance, I envision large-scale wall art on one side and a decent-sized TV on another, serving both as an entertainment source and a multipurpose monitor. Recognizing the importance of lighting, I recommend incorporating an LED desk light for focused illumination and a stylish chandelier that not only adds visual appeal but also provides extra brightness.
In terms of accessories, consider adding a leather pencil holder, a desk blotter, a paperweight, a magnifier with a letter opener, and lastly, Alexa to play your favorite tunes, adding a touch of convenience and personalization to your home office experience.”
9. Incorporate relaxing elements into your home office design
“The foremost consideration in designing your home workspace is to ensure it reflects your unique personality and exudes a sense of relaxation. Since you are the sole occupant of this space, it should be a comforting and inviting extension of yourself,” recommends Zachary Luke Designs.
“Opting for light-colored walls, positioning your desk to face the window, and placing a cozy rug beneath your feet are excellent choices, in my opinion. Complete the ambiance by adorning the walls with art, as gazing at blank walls all day is hardly inspiring. Embrace the opportunity to personalize your space, making it a true reflection of your identity and an environment that encourages productivity and enjoyment.”
10. Eliminate distraction and clutter
“Good design starts with removing all that does not support it. Both productivity and comfort in your home office stem from the elimination of distractions and excess,” says SJ Sallinger Designs. “Begin by discarding unnecessary paperwork and disposing of old electronics. Let go of furniture and items that occupy valuable space without contributing to your success.”