The 234 Apartment

Fewer of these, please. iStock/Thinkstock It's possible to get rich if your business only caters to rich people. But it's hard to have a massive and really successful industry in the United States today if you only cater to rich people. There are only so many people in the country with good credit and lots of cash sitting around. And this week, we got evidence that one of America’s largest industries may be running into trouble because its products appeal only to the upper crust. I’m not talking about jewelry or apparel. I’m talking about housing. On Tuesday, luxury homebuilder Toll Brothers reported a blow-out quarter, noting that contracts and sales were up 20 percent from the year before, and said it might sell more than 2,500 homes in the upcoming quarter. Advertisement On Wednesday, the Census Bureau announced that new home sales in July were down 9.4 percent from June, and down 8.9 percent from July 2016. On Thursday, the National Association of Realtors reported t...

While all those clothes, shoes and bags you bought over the years have likely limited your chances of becoming a homeowner, it has certainly helped many in the fashion industry to continue climbing up the property ladder , snapping up impressive mansions in some of the wealthiest parts of the U.S. Here, WWD takes a look at fashion moguls ’ most expensive homes currently on the market across the country. MAX AZRIA’S L.A. MEGA-MANSION — $88M Fashion veteran Max Azria and his wife Lubov Azria are selling their Holmby Hills mansion known as Maison Du Soleil for $88 million, making it the sixth most expensive home for sale in Los Angeles. (The highest has a $ 350 million price tag .) At the same time, the Tunisian fashion designer ’s 60-room mansion, which dates back to the Thirties, is also on the market as a rental for a whopping $400,000 a month. Set on three acres, the 30,000-square-foot compound comes with 17 bedrooms, 22 bathrooms, a bathhouse and a 6,000-square- foot mov...

ARTICLE OPTIONS Throughout his early 60s, Brad Buchner and his wife, Elizabeth, lived in the kind of house that many near-retirees dream of: a peaceful, manageable ranch- style property tucked in a quiet Poconos town surrounded by trees, lakes, and plentiful open space . Costing anywhere from $30,000 to $150,000, tiny homes designed by Escape Homes enable anyone to travel around the country in a single-family home. As it turns out, however, that’s exactly what Buchner and his wife don’t want as they think about the next years of their lives. Three years ago, the Buchners packed their things and headed to Philadelphia, settling down in a Center City rental . As if ditching their longtime rural digs weren ’t enough, the pair also abandoned spaciousness, swapping their three-bedroom, two-bathroom home for precisely 345 total square feet . The transition has meant parting ways with a fully finished basement and a home office, and adjusting to an ovenless kitchenette and two miniature...

When you go to the beach, you don’t want to have to worry about anything, like bed sheets and towels. Staying in this particular accommodation will alleviate worry since everything is included! The kitchen is fully stocked with pots and pans, so there’s no need to go out and spend money on fancy dinners when home cooked meals are just as good and can be less expensive. Everything that a visitor may want to do is within walking distance to this accommodation. It’s great for those that don’t like driving in big cities, and even if you do, you won’t have to spend much money on gas. This really is a great place to stay for a small family. Weekly, Efficient Apartments Price : from 100 USD Number of Guests : 4 Check Price See similar vacation rentals in Wildwood and also compare the prices with hotels in Wildwood This is a studio, so there really aren’t any separate rooms for privacy, but there is a queen sized bed and a sleeper sofa, for a family of four. There is a heated pool close ...

caption Giving up coffee isn’t the key to retiring early. source Tristan Fewings / Getty There’s one area where almost everyone in the US overspends, and – spoiler alert – it isn’t coffee. It’s not avocado toast either, for that matter. The biggest chunk of the average American’s budget goes toward housing, which accounts for about 37% of take-home pay. Many people spend even more. In some circumstances, spending a lot on rent or a mortgage is unavoidable. But in many cases, making a few sacrifices on housing expenses today could lead to significant savings – and a far more comfortable future. Take, for example, Grant Sabatier, a 30-something self-made millionaire who founded the finance blog Millennial Money . He was able to save about $25,000 in two years by cutting back on housing, as well as transportation and dining expenses. “At the end of the day it comes down to a personal choice, but I was happy moving to a smaller apartment, moving closer to my office, and eating out le...

One district dominated San Francisco ’s luxury market when it came to both apartment and single- family home sales over the past year, according to a report out Monday from Paragon Real Estate Group . It’s an L-shaped stretch of four neighborhoods on the northern edge of the peninsula, including Pacific Heights , Presidio Heights , Cow Hollow and Marina. The tony area rises up on a ridge that overlooks the landmark Golden Gate Bridge and Alcatraz Island and is home to celebrities and historic mansions . More:  Check Out News from San Francisco ’s Luxury Market This area had the most single- family house sales over $3 million in the 12 months ending July 31 —a total of 77 deals at an average price per square foot of nearly $1,500, according to the report. It also dominated the city’s ultra- luxury transactions with nine sales for mansions priced over $10 million. The Pacific Heights- Presidio Heights district also led in the luxury apartment market . Over the past 12 months, there...

House-hunters are increasingly “wedging” Melbourne’s inner suburban real estate market by targeting a small number of quality homes while ignoring comparable properties , real estate agents say. The weekend auction market saw above- market prices paid for some well-located homes but comparable, if slightly inferior properties tended to underperform. The trend to highly divisive auction results for similar properties was demonstrated by two auctions in Fitzroy held an hour apart on Saturday. 80 Gore Street, Fitzroy, passed in at auction on the weekend. At one sale, four buyers fought hard for an unusually wide terrace house at 124 Victoria Street. Quoted by Nelson Alexander at $1.85 million to $2 million, the three- bedroom corner property , which has a renovated rear stables as a separate retreat, instantly attracted a $1.85 million offer from a buyers’ advocate representing a local family. The price rocketed to an on-the-market $2,040,000 and kept going until the house was s...

Five Broward County cities rank as the priciest rental markets in Florida — and, no, Fort Lauderdale doesn ’t top the list. Miramar leads with a July average rent of $1,800 a month, up 3.2 percent from a year ago, according to RENTCafé, a nationwide apartment search website . Adrian Rosenberg, a representative for the website, noted that Miramar rents have increased steadily in recent years and that more than half of Miramar’s apartment stock is made up of high-end buildings, which includes 1,500 new units delivered since 2013. Despite the recent building boom of luxury apartments in Fort Lauderdale , Broward’s county seat comes in only at No. 2 at $1,751 a month. Davie is third at $1,739. Coral Springs and Pembroke Pines are tied at No. 4 at $1,653 a month. In another upset, Miami came in at only No. 6 ($1,587) because lower- priced neighborhoods drove down the average rent, Rosenberg said. West Palm Beach was No. 7 at $1,344. No other Palm Beach County community made the top 1...

Follow KDKA-TV : Facebook | Twitter GREEN TREE (KDKA) — It’s hard to miss if you drive on the Parkway West – over- hanging solar panels atop the new Bentley Building constructed by Burns & Scalo, a company committed to sustainability from parking lot to rooftop. “This was an opportunity to feature sustainability,” CEO Jim Scalo told KDKA money editor Jon Delano on Friday. “Solar is a component of the building, and we cantilevered the solar as part of the architecture of the building so people could recognize the tangibility of it.” As you enter the building, a chart shows how much energy the building is actually producing. And forget the notion that Pittsburgh is too cloudy for solar panels, says Mike Carnahan, general manager of Scalo Solar Solutions . Delano: “Pittsburgh has a reputation for being a very cloudy city.” Carnahan: “Sure it does. Sure it does.” Delano: “Not true?” Carnahan: “Not true at all. Pittsburgh gets as much light as many places in the country.” Carnaha...

New study from Zillow shows a 5 percent rent increase in Seattle would mean hundreds more on the streets By Kirsten O’Brien , SeattlePI Published 4:52 pm, Friday, August 4, 2017 Photo: Ablokhin/iStock Image 1 of / 17 Caption Close Image 1 of 17 Scroll through the slideshow for a look at the one- bedroom July rents in 15 Seattle neighborhoods. Scroll through the slideshow for a look at the one- bedroom July rents in 15 Seattle neighborhoods. Photo: Ablokhin/iStock Image 2 of 17 15. West Queen Anne Median one- bedroom July rent : $1,750 15. West Queen Anne Median one- bedroom July rent : $1,750 Photo: GRANT HINDSLEY, SEATTLEPI.COM Image 3 of 17 14. Green Lake Median one- bedroom July rent : $1,790 14. Green Lake Median one- bedroom July rent : $1,790 Photo: GRANT HINDSLEY, SEATTLEPI.COM Image 4 of 17 13. Stevens ( Northeast Capitol Hill ) Median one- bedroom July rent : $1,790 13. Stevens ( Northeast Capitol Hill ) Median one- bedroom July rent : $1,790 Photo: Jim Bennett/Get...