What do JFK, Jackie O., William Randolph Hearst, Beyonce, Francis Ford Coppola, and Whitney Houston have in common, besides incredible fame and fortune?
They’re all tied, in one way or another, to the house at 1011 N. Beverly Drive in California.
Also known as the Beverly House (or the Godfather house, or the Bodyguard house, take your pick), it’s long been one of the most expensive houses for sale in Beverly Hills, having last been listed in 2018 for $135 million, down from its ambitious initial ask of $195 million.
Pool view of the legendary Beverly House at 1011 N Beverly Drive, Los Angeles. Photo credit: Jim Bartsch
But despite its countless attributes and storied history, the property known simply as the Beverly House failed to attract a buyer, and was auctioned off in 2021 with a $63.1 million winning bid.
So, you’re probably wondering, ‘what makes this house so expensive?‘
As it turns out, the Beverly House has an illustrious history of hosting famous individuals and serving as filming grounds for some of the most memorable Hollywood movies.
The history of the Beverly House – and its glamorous Hollywood roles
The Beverly House, as we call it today, was designed by Gordon Kaufmann and built in 1926 for banking executive Milton Getz.
Driveway leading up to the Beverly House at 1011 N Beverly Drive, Los Angeles. Photo credit: Jim Bartsch
In 1946, it found a new owner in actress Marion Davies, who bought it for her lover, American media mogul William Randolph Hearst, a time when the sprawling property came to be known as the Hearst estate.
The businessman, who never divorced his wife, Millicent Hearst, lived at the estate with Marion until his death in 1951.
Their love affair, along with the wealth that surrounded it, was highly publicized at the time, with Orson Wells’ iconic Citizen Kane — recognized as the best movie ever made — being inspired by Hearst and Davies’ story.
Most notably, in 1953, the Beverly House was one of the destinations for JFK and Jackie Kennedy’s honeymoon, and later, it even served as Kennedy’s West Coast presidential election headquarters.
But the estate’s interesting history doesn’t end here.
Remember that scene in The Godfather when Hollywood producer Jack Woltz, after having crossed the Corleones, wakes up with a severed horse head in his bed?
View of the backyard and pool area of the Beverly House, made famous by some of the hit movies filmed here, like The Bodyguard and The Godfather. Photo credit: Jim Bartsch
The infamous scene was allegedly filmed at the house at 1011 N. Beverly Drive, although the property’s previous owner suggests that might not be true after all.
True or not, the estate has been often referred to as ‘the Godfather house’ because of its alleged appearance in one of the most famous movies of all time.
And while it may be up for debate whether 1011 N. Beverly Drive is indeed the Godfather house, one thing that can’t be contested is that the property is The Bodyguard house.
Prominent scenes from The Bodyguard, the wildly popular 1992 movie starring Whitney Houston and Kevin Costner, were filmed on-site at the 1011 N. Beverly Drive house.
The pool and outdoor area in particular have been heavily featured in the 1990s box office hit.
In recent years, the estate’s biggest claim to fame — other than being one of the most expensive homes for sale in the area — was its feature in Beyoncé‘s latest visual album, Black Is King.
Scenes from Beyonce’s visual album, Black Is King, showing the Beverly House in the backdrop. Photo credit: Beyonce / Youtube
Queen Bee shot a number of scenes in the Spanish-style mansion, which served as the perfect backdrop for the colorful visual feast thanks to its light pink hue and pops of green foliage.
1011 N. Beverly Drive’s many attempts at finding a new owner
You would think that buyers would line up to snag such a prestigious estate, but the Beverly House was a tough sell, despite its fame.
It was put up for sale in 2007 with an asking price of $165 million, a pretty steep price at the time. After a few years on the market, it was listed again in 2010, with a ‘discounted price’ of $95 million.
The Beverly House hit the market again in 2016, asking a whopping $195 million, but it failed to find a buyer. By 2018, it made the news rounds again, being listed with a price tag of $135 million.
Prospective buyers were long put off by the steep asking price. Besides, there probably isn’t a lot of demand for 19-bedroom, 29-bathroom homes, not even in ritzy Beverly Hills.
But the estate’s long wait for a new owner came to an end in 2021, when the property hit the auction block.
Who owns the Beverly House now?
Billionaire investor Nicolas Berggruen is the newest owner of the former Hearst Estate, after paying $63.1 million for the property at auction in 2021.
Prior to that, the Beverly House had been owned by financier and attorney Leonard M. Ross for more than 40 years.
Ross declared bankruptcy in 2010, which might explain why the house was listed for ‘just’ $95 million that year, however, he didn’t have any luck finding a buyer.
Even prior to the auction, Ross openly admitted that he was aware that there aren’t a lot of buyers out there interested in a property of this size, so he’d be willing to sell just a percentage of the home, if needed.
That’s likely why he was also open to renting out the Beverly House for a monthly rate of $600,000 to $900,000, or $20,000 to $30,000 a day.
A closer look at the sprawling estate with 19 bedrooms and 29 bathrooms
Inside the Beverly House at 1011 N Beverly Drive, Los Angeles. Photo credit: Jim Bartsch
The Beverly House, or the Hearst estate, as some still call it, is spread across 3.5 acres of land, on a 153,692-square-foot lot.
It features 19 bedrooms and a whopping 29 full bathrooms, as well as a jaw-dropping wood-paneled library, a covered ballroom that can accommodate more than 1,000 guests, a billiards room, and a tiled formal dining room that can seat up to 400 people.
Other features include a massive courtyard and garden, gated entry, a hot tub/spa, swimming pool, a wine cellar, a bar, a tennis court, terrace and balconies.
Outside, in the expansive gardens, there are Venetian columns, waterfalls, a projection room, and even a nightclub.
Leonard Ross further added to the dazzling array of fabulous amenities by creating his very own Art Deco-style lounge modeled after ‘Touch,’ Hugh Hefner’s former Beverly Hills club.
Ross reportedly purchased the doors of the club when it closed, doors that were commissioned by Hefner himself, along with the etched glass and the bar.
The billiards room is also one of a kind, featuring herringbone parquet floors, a hand-carved stone fireplace mantle, and an intricate ceiling that’s identical to one of the ceilings at Hearst Castle.
Inside the Beverly House at 1011 N Beverly Drive, Los Angeles. Photo credit: Jim Bartsch
All of this within just three blocks from the Beverly Hills Hotel and the bustling Sunset Boulevard.
The property on Beverly Drive is known by many names: the Beverly House, the Godfather house, the Kennedy estate, the William Randolph Hearst house, or ‘that gigantic thing that everyone always talks about but that nobody wants to buy.’
Even so, we’re happy to see that the house proved naysayers wrong and that a new owner took the reigns at 1011 N. Beverly Drive.
If you’d like to take a closer look at this iconic estate, you can take a short tour of the house by watching the video below:
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Inside: This guide provides tips on frugal home must haves, so you can save money and live responsibly, while also enjoying a healthy environment and good health.
Are you looking for ways to save money and still have a clean and organized home?
If so, you are in the right place. In this blog post, I am going to share with you frugal home must haves that will help you save money.
But before we get started, let me ask you a question:
Do you ever feel like your home is a never-ending cycle of cleaning and organizing? That you use products that are for one use only and know there are better products out there.
If so, you are not alone. Most people feel this way at some point in their lives.
The good news is that there are ways to save money and start to incorporate bits and pieces of a frugal lifestyle into your life.
So, without further ado, here are 19 frugal home must-haves to help you save money:
What is frugality?
Frugality is the practice of being very intentional with your spending, prioritizing the things that matter the most to you, and cutting back on spending in other areas.
It doesn’t necessarily mean sacrificing your favorite brand of cereal, living without napkins, or giving up on adventurous vacations. Instead, frugality is about making smart money choices and learning to live below your means.
It is not the same as being cheap, which involves saving money at the expense of others.
Rather, being frugal means being economical with your money, making it stretch further so you can do more with less.
Frugal living is a journey, not a destination, and it starts with creating a budget that you can live with and looking for ways to save money.
What are the most frugal must-haves for a home?
The most important frugal must haves for you are those that save you money and time.
As such, what you value the most will differ from me. However, there are some basic underlying frugal items that every house needs. So, we will cover those bloew.
More importantly, more individuals are looking to become frugal green to save the environment as well as money.
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
best frugal home must-haves for saving money
Home is where the heart is, and we want our homes to be clean, organized, and comfortable without spending a fortune.
However, sometimes it can be tough to keep up with everything – especially on a budget.
Here are 19 frugal home must-haves that will help you save money and make your life easier!
1. Microfiber Cloths
Microfiber cloths are a frugal home must-have for saving money. Yep, I drive my mother-in-law crazy because I do not use paper towels.
They are cost-effective as compared to disposable cleaning supplies and can be used for various cleaning tasks around the house. They are more effective than cotton cloths as they rarely leave smears and dry as they wipe.
Plus, microfiber cloths can be color-coded for different cleaning tasks. To ensure their effectiveness and longevity, microfiber cloths should be washed separately from other laundry and should not be washed with fabric softeners or bleach.
2. Drying Rack
Owning a drying rack can be a smart investment for those looking to save money and energy in the long run. There are many types of drying racks available, from outdoor rotary clotheslines to indoor airers.
Personally, we use our drying rack ALL.THE.TIME!
Plus, using a drying rack is an eco-friendly alternative to using a dryer, which can reduce your carbon footprint and help you live a more sustainable lifestyle.
This is the drying rack we personally own and love.
3. Instant Pot or Crock Pot
Move over crockpot, the Instant Pot is the hottest trend to stay! I’ll admit I was hesitant about owning an instant pot, but have decided it was well worth the investment for our frugal home.
An instant pot is a frugal must-have for any home looking to save money while still enjoying delicious meals. It is perfect for busy people who want to come home to a warm meal without the hassle of cooking.
Instant pots are not just about cooking one meal; they are perfect for batch-cooking frugal meals. This allows you to cook multiple meals in one go, freezing the extra for another day.
You can also use cheaper cuts of meat and tenderize them in the instant pot. Some examples of meals that can be made in a crock pot include soups, stews, chilis, and even whole chicken for homemade stock.
An instant pot is an efficient and cost-effective way to enjoy home-cooked meals without breaking the bank.
Here is the instant pot / air fryer combe we personally own.
4. Reusable Grocery Bags
Many states, including ours, now charge 10 cents per bag when checking out at any store!
By bringing your own bags, you can avoid the extra fees charged for plastic bags at many stores.
Additionally, reusable bags are sturdier and can hold more items, reducing the need for multiple bags.
Switching to reusable bags also helps reduce plastic waste, which is harmful to the environment. So, invest in some reusable bags and make a positive impact on your wallet and the planet.
5. Beeswax Wraps
Beeswax wraps are a fantastic frugal and eco-friendly alternative to plastic wraps.
Made from organic cotton and covered in beeswax, they are versatile and come in various sizes. They can replace both cling film and foil, lasting for a long time as long as they are not washed in hot water or put in the microwave.
These wraps can save money in the long run as they are reusable and can be used for a variety of purposes, from wrapping bread to covering bowls.
To care for them, wash them in cool soapy water and avoid hot water or the microwave. With beeswax wraps, you can be frugal and eco-friendly at the same time!
6. Charging Stations To Reduce Energy
Standby losses refer to the energy consumed by electronic devices even when they are turned off but still plugged in. For instance, a TV on standby mode, a phone charger left plugged in, or a coffee maker are all examples of appliances that contribute to standby losses.
These losses can significantly impact your energy bill and add up over time.
However, there are practical ways to reduce standby losses and save money.
Use an energy-efficient power strip to plug in multiple devices and switch them off in one go.
Invest in a “smart” power strip that automatically turns off devices when they are not in use.
By taking these steps, you can reduce standby losses and save money on your energy bills.
7. Glass Jars
Glass jars are incredibly versatile and can be used for storing everything.
Using glass jars is also cost-effective since they can be reused over and over again.
With their airtight seals, they are perfect for storing food items, and their clear glass makes it easy to see what’s inside. They are also great for organizing small items like pens, hair bands, and cut flowers.
Overall, using glass jars is an easy way to save money while keeping your home clean and organized.
8. Hot Tea Maker Electric Glass Kettle
This is the updated version of the traditional teapot due to its durability, versatility, and cost-effectiveness.
It can be used to make a large amount of tea at once, making it perfect for entertaining guests or for daily use.
Additionally, it is a one-time investment that can last for years, which saves money in the long run.
Also, by using loose tea leaves instead of tea bags, you can also save money and reduce waste.
9. Coffee Pot
If you’re a coffee lover, you know how quickly buying coffee on a daily basis can add up and become a significant expense.
However, there is a simple solution to this problem – investing in a coffee pot you love.
By brewing your coffee at home, you can save several dollars each week, which can add up to a considerable amount over time.
Moreover, if you’re someone who enjoys lattes, there are coffee pots available that can make lattes at home. This means that you don’t have to spend a fortune on lattes from coffee shops or cafes.
With a good coffee maker, you can enjoy the great taste of coffee at home while saving money.
If you invest in a single-use coffee maker, then make sure you are using reusable K-cups.
10. Laundry Bags
Seriously, this was the greatest idea I found out from a baseball mom. Never worry about mixing up clothes between family members again!
By using laundry bags, you prevent clothes from getting lost or mixed up in the wash, and can also help prolong the life of delicate fabrics.
To care for your laundry bags, simply toss them in the washing machine with your laundry and air dry.
11. Baking Soda
Baking soda is a frugal home must-have that can be used for cleaning and organizing your home in many ways.
It is a multipurpose cleaner and deodorizer that can be used to clean surfaces, carpets, laundry, even fruits and vegetables.
By mixing baking soda with water, you can create a paste that can be used to clean almost everything. It can also be used to deodorize your refrigerator, carpets, and shoes. Additionally, you can sprinkle baking soda on your mattress and vacuum it up to remove odors.
Overall, baking soda is a versatile and inexpensive household item that can help you keep your home clean and fresh.
12. Vinegar
Vinegar is an incredibly versatile and cost-effective must-have for any frugal home. It can be used for cleaning and organizing in a variety of ways.
Vinegar is effective in removing stains, cleaning surfaces, and freshening up the home. It is also safe to use around children and pets, making it a great alternative to harsh chemical cleaners.
For cleaning surfaces, vinegar can be mixed with water and used to clean windows, mirrors, and countertops. It can also be used to remove stains from carpets and clothing. In addition, vinegar can be used to freshen up the home by adding a few drops to a diffuser or spraying it in the air.
To incorporate vinegar into daily cleaning routines, it can be added to a spray bottle with water and used to clean surfaces as needed. It can also be used as a natural fabric softener in the laundry by adding a cup to the rinse cycle.
When using vinegar, it should not be used on certain surfaces such as marble or granite as it can cause damage.
13. Reusable Water Bottles
Using reusable water bottles is an important step towards a more frugal and eco-friendly lifestyle.
It can save money by eliminating the need to buy single-use plastic water bottles, and it also helps reduce waste and pollution.
When choosing a reusable water bottle, look for one with a filter to ensure fresh water anytime, anywhere.
Opt for bottles made from durable and non-toxic materials such as stainless steel or glass.
Keeping a reusable water bottle also promotes healthy hydration habits.
14. A Large Freezer
A large freezer in your home is a frugal must-have for many reasons.
Not only does it provide money-saving opportunities by allowing you to stockpile food on a budget and freeze extra portions from batch cooking, but it also helps you take advantage of great deals you find at the store.
With a well-stocked freezer, you can shop your stock first and freeze nearly everything you buy for later use.
Additionally, having a large freezer can help you save on your electricity bill by allowing you to fill it up to two-thirds capacity, which makes it more efficient.
Also, you may want to purchase this freezer lock to make sure it stays closed.
15. Reusable Food Storage Containers
Using reusable food storage containers like BPA-free plastic or glass containers is an effective way to reduce waste and promote eco-friendly living.
BPA-free plastic containers are ideal for those who have limited space for storage and prefer lightweight and durable containers. They are freezer, microwave, and steamer safe, making them perfect for storing and reheating various types of food.
On the other hand, glass containers are an excellent alternative to plastic containers. They are incredibly environmentally friendly and can be reused over and over again, making them an indispensable tool in your quest for simple and frugal home living.
Since they are also reusable, saving you money in the long run. You only need a few of them for your daily use.
16. Reusable Food Bags
Reusable food bags are a great way to reduce your carbon footprint and be more eco-friendly in your daily life. These bags are made from BPA-free materials and are designed to be used over and over again, making them a great alternative to single-use plastic bags.
Here are the benefits of reusable food bags:
Versatile and can be used for a variety of purposes as they are freezer, microwave, and steamer safe, making them perfect for storing, heating, and cooking food.
Perfect for packing lunches and snacks, as they are lightweight and easy to carry.
Durable and long-lasting.
Ability to use them again and again, reducing the amount of waste that you produce.
Unlike plastic bags, which can easily tear or break, these bags are made from sturdy materials that can withstand daily use.
While the initial cost of these bags may be higher than that of plastic bags, they will pay for themselves over time as you won’t have to keep buying new bags. Plus, they are often sold in sets, so you can get multiple bags for a lower price.
17. Basic Toolkit for DIY Projects
A basic toolkit can be a valuable asset for homeowners as it can come in handy for simple home repairs and save money on professional services.
With the right tools and some DIY know-how, you can tackle many basic home repairs and maintenance tasks yourself, without having to hire a professional.
DIY tutorials are available online, and many of them are free. You can also attend community classes or evening courses at local colleges to learn DIY skills.
Also, you can look at sharing tools with neighbors or friends can help you save money and build a sense of community.
18. Storage Organization
Oh my goodness, there is no way I could manage without serious storage organization for our small house.
Thankfully, there are plenty of storage organization options to make sure you use optimal space in every single corner of your house.
Here are some of my favorite storage organization tricks:
19. Rotary Clothes Line
Owning a rotary clothesline is a must-have for frugal homeowners.
Not only is it a one-time cost that lasts for years, but it also helps save money on electricity bills as line drying reduces creases and eliminates the need for a dryer.
Additionally, a rotary clothesline takes up less space than a bulky dryer or indoor drying rack.
By using a rotary clothesline, you can enjoy the benefits of fresh, sun-dried laundry while saving money and space. It’s a win-win situation for both your wallet and your home.
20. Essential Oils
Essential oils can be used in a variety of ways, including for homemade beauty and cleaning products. For example, adding 15 drops of peppermint essential oil to a cup of baking soda can create a refreshing and invigorating scrub.
Essential oils can also be added to homemade shampoo and body wash recipes to provide a pleasant scent and potential therapeutic benefits. Some popular essential oils for these purposes include rosemary, lavender, and peppermint.
In addition to beauty and cleaning products, essential oils can also be used for aromatherapy purposes. Simply adding a few drops of essential oil to a diffuser or inhaling the scent directly can provide benefits such as stress relief and relaxation.
It’s important to note that essential oils should always be used with caution and according to their recommended guidelines, as they can be potent and may cause adverse reactions if not used correctly.
21. Rain Collector
Using a rain collector to water your vegetable garden is a great way to be eco-friendly and frugal at the same time.
This method can help you save money on your water bill and reduce your carbon footprint.
Rain collectors can be purchased for as little as $50 and provide a regular supply of free water throughout the year.
To use a rain collector for your vegetable garden, set it up in a location that is convenient for you to access and close to your garden. When it rains, the water will collect in the butt and be ready for use when you need it. You can use a watering can or attach a hose to the butt for easy watering.
Rainwater is especially good for watering vegetables because it is free of chemicals and additives that may be present in tap water.
22. Countertop Composter
A countertop composter is a great addition to a frugal home. It is a small, portable compost bin that can be kept on your kitchen counter, making it easy to compost food scraps and other organic waste.
By composting your food scraps, you can reduce the amount of waste that goes into landfills, which is not only good for the environment but also saves you money on garbage bags and waste disposal fees.
Countertop composters are available in various sizes and styles, so you can choose one that fits your needs and budget.
Some countertop composters are made of stainless steel or ceramic and have a sleek, modern look that blends in with your kitchen decor.
Others are made of plastic and have a more utilitarian design.
In addition to reducing waste and saving money, composting also produces nutrient-rich soil that can be used to fertilize your garden or houseplants. This can save you money on buying fertilizers and improve the health and productivity of your plants.
23. Knife Set
Having a good knife set is essential in a frugal home because it saves money in the long run. Yes, I have proof of this as I replace my 15-year-old knife under warranty.
Investing in an affordable yet durable set can be achieved by choosing stainless steel or high-carbon steel, which are both rust-resistant and long-lasting.
When choosing a set, consider the number of pieces you need and the type of knives required for your cooking needs.
To make your tools last longer, hand wash and dry them immediately after use, avoid using abrasive cleaners, and store them in a knife block or a drawer with dividers to prevent damage.
But, to be honest, these are the knife set I own and I put them in the dishwasher all the time.
24. Streaming Stick
If you haven’t upgraded to a smart TV yet, I understand you are frugal. Then, you need to invest in a streaming stick.
This simple device can help you lower your costs spent on cable while still streaming your favorite shows on Paramount, Hulu or YouTube.
Nowadays, you can expect to spend less than $50.
25. Soda Maker
This may seem like a splurge, but we, frugal people need a way to treat ourselves.
Having your own soda maker can be a great way to save money in the long run. While it may seem like an expensive investment at first, the cost of making your own soda (or seltzer) at home is significantly lower than constantly purchasing soda (or seltzer) from the store.
In fact, making soda at home can cost as little as 25 cents per liter, compared to the average cost of $1.50 per liter for store-bought soda.
Another cost-saving benefit of having your own soda maker is that you can control the ingredients. You can choose to make your soda with natural sweeteners like honey or stevia, rather than high fructose corn syrup, which is commonly found in store-bought soda. This not only saves you money in the long run, but it can also be a healthier option.
What are some good tips for living frugally?
Living frugally can be a great way to save money and achieve financial goals.
Here are some practical tips for living frugally that you can implement in your daily life:
Meal planning and home cooking can save money on food expenses. Brown bagging or oven lunch boxing your lunch is also a great way to save money. Learn how to be frugal with food.
Wash your laundry in cold water and use natural homemade cleaners to save on household expenses.
Create a budget that you can live with and look for areas where you can cut back on expenses. Pack your own lunch and cut back on entertainment costs.
Travel frugally by traveling during the off-season and cutting down on eating out. Opt for a place with a kitchen so you can make some of your own meals and purchase discounted airline tickets or fares.
Have fun for free by doing activities such as going to the park, having a picnic, or having a bonfire. There are so many things to do with no money.
Try out a few frugal living tips at a time to find out which works best for you and don’t forget to access free courses and worksheets to help with your frugal living journey.
Remember, frugal living doesn’t have to be a sacrifice and can actually help you fully enjoy what you care about in life.
Start taking small steps towards a more frugal lifestyle and see how it can positively impact your finances.
FAQ
There are many frugal home hacks that can help you save money and keep your home clean and organized.
Some practical and actionable tips include meal planning, home cooking, brown bagging your lunch, washing your laundry in cold water, and using natural homemade cleaners.
Before calling a handyman, consult YouTube to learn how to fix a leaky faucet or remodel your bathroom.
Examining your monthly bills for ways to save on electricity, water, cable, and even your cell phone can also help you save money.
By implementing these frugal hacks, you can make every penny and dollar count and stretch your budget further.
I always tell people to shop their own house first. Just because you don’t know where something is doesn’t mean you should go out and buy a new item.
Look around and see how you can reuse items.
Before heading out to the grocery store, look at your own pantry and freezer to see what you can use first.
Give these tips a try and see how much you can save!
Essential appliances and gadgets for a frugal, clean, and organized home include:
Which Frugal Home Ideas Will You Implement?
With a little bit of planning and effort, you can live frugally and still have a beautiful home.
One of the key points of frugality is buying quality items less often.
Too many times, people associate being frugal with cheap.
Being frugal means you are intentional with your spending on household items and prioritizing the things that matter most.
Plus, using frugal methods can be better for the environment and your health.
So what are you waiting for? Go out and buy some of these must-haves today!
Know someone else that needs this, too? Then, please share!!
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.”
More than 30% of the food supply in the United States ends up as waste, according to the U.S. Department of Agriculture. The value of that wasted food was around $161 billion in 2010 and has surely risen since then.
Did your grocery budget just curl up and scream? Mine did. It pains me to think of the loss of all that food, not to mention the resources needed to produce it: tractor fuel, fertilizer, pesticide, packaging, gasoline for transport.
Time to think outside the box — or, rather, outside the garbage can — and get creative about food so we waste less of it.
At least some of the following ideas should work for almost everyone. You’ll offset your carbon footprint and stretch food dollars to boot.
1. Boil down leavings
granata68 / Shutterstock.com
My partner and I keep a bag in the freezer for vegetable and fruit scraps — such as carrot and radish tops, pea pods, onion skins, apple cores, sweet-potato peelings — plus chicken and pork chop bones.
Next to it is a container that holds the liquid used to boil potatoes or other vegetables.
When the bag is full, we throw its contents plus the veggie cooking water and some salt into the slow cooker and leave it on low overnight. The next morning we strain the liquid and use it as a soup base.
The stock tastes different every time because what went into it varies so widely. But it always makes a great pot of soup.
2. Cook up some garbage soup
SpeedKingz / Shutterstock.com
Do tonight’s leftovers consist of just a spoonful or two of mashed potatoes, a quarter-cup of gravy and a few shreds of chicken or roast beef?
Don’t send it down the garbage disposal! Instead, store it in a bag or container in the freezer. Once the bag is full, you have the makings of a fast dinner.
Put some stock — from your own boiling bag or from a can or carton — into a big pan with seasonings plus a can of tomatoes, if you like. Simmer for at least 20 minutes, then add the contents of the freezer bag.
Stir now and then as it thaws and adjust the seasoning if necessary. You can add more vegetables if you like, or rice or pasta, or maybe nothing at all — maybe your potage de garbage will taste perfect the first time.
3. Get free tops at the farmers market
Songquan Deng / Shutterstock.com
Look at all those lovely fresh turnips and beets for sale at your local farmers market. If you don’t see the tops elsewhere on the table, politely ask the farmer what happened to them. Could be they were lopped off five minutes ago.
If so, you can walk away with a nice batch of healthy, delicious greens for free. Try sauteing them in olive oil with garlic or adding them to a stir-fry. If they’re really young and tender, make them part of a salad. Freeze or dehydrate what you can’t use right away for soups or quiche later on.
Return to the market 15 minutes before closing and check to see if the vendors are packing up most of their wares but setting aside nearly overripe tomatoes, misshapen root vegetables or slightly wilted spinach. Ask politely if you can have them.
The tomatoes will make fine salsa or spaghetti sauce, the oddball veggies just need a little persistence in peeling and cutting, and the greens can go into soup (or the boiling bag).
Some of the vendors would rather give this stuff away than dispose of it. Even if they ask for some money, it could be less than you’d pay in the supermarket.
4. When dairy goes bad
TommyStockProject / Shutterstock.com
Milk a few days past its sell-by date isn’t automatically bad. And even if it is, don’t throw it out! Sour milk makes great pancakes and waffles and can also be used in cake, cookie or quick bread recipes that call for milk. Or do a search for “sour milk recipes,” and you’ll get an eyeful.
I make my own yogurt, saving a cup of each batch as starter for the next one. Every few months, those active cultures will be colonized by wild yeasts, and the yogurt starts to smell a little beer-y. Time for a new starter. Meanwhile, I use the weird yogurt in two ways:
Smoothies. All the fruit that I add drowns out the weird yogurt flavor.
Baked goods. I freeze any weird yogurt until I want to bake my mom’s famous Sour Cream Chocolate Cake. (Well, it was famous in our family, anyway.) Remember, back in the day, “sour cream” was cream that had gone bad rather than the cultured sour cream variety we buy now. The effect is the same though.
5. Grab leftovers after the potluck
Linda Hughes Photography / Shutterstock.com
If your workplace pitch-ins are anything like the ones I used to attend, there’s always uneaten food at the end. Often the folks who brought it don’t want to take it home.
Leverage those leftovers! First, offer to help clean up. Then, state matter-of-factly that it bugs you to see food being thrown out so you plan to take some of it home.
Remember to share. If you take what’s left of the turkey, leave the ham bone. Don’t hog all the freshly cut pineapple or the best cakes and pies.
When you get home, cut any remaining meat off the turkey for a second-day dinner. Chop up odd bits for turkey salad, turkey tetrazzini, turkey a la king or any other dish that stretches small amounts of meat. Finally, boil the bones for soup stock.
Ditto with a ham bone: Dice up any remaining meat for a Western omelet or make a cream gravy and some biscuits for a hammy version of “‘stuff’ on a shingle.” The bone makes a great pot of bean soup.
Freeze leftover rolls and cookies. Load up on fruits and veggies if no one else wants them.
6. Liquid assets
B Young / Shutterstock.com
Our fridge and freezer are full of odds and ends of liquids that still have some work to do. For example, once we finish a jar of pickles, we save the brine until we have a nearly empty bottle of mustard. Shaken together, the two become a tangy condiment that’s delicious on cooked lentils or in any soup that needs a bit of zing.
The liquid from pickled jalapenos is a great marinade for sliced carrots or fresh green beans. An “empty” salsa jar or ketchup bottle gets shaken with a bit of water, then poured into the veggie cooking water mentioned in the “Boil down leavings” tip.
No doubt you can find your own ways to avoid throwing out these frugal liquid assets.
7. Look for ‘manager’s specials’
Naty.M / Shutterstock.com
Supermarkets regularly discount meats, breads, fruits, dairy and deli items with short shelf lives. If they aren’t sold quickly, they’ll turn into garbage. But not if you get there first! You can save 50% or more by buying from the “manager’s special” sections or other clearance-food areas of your store.
Obviously, these items should be used promptly or put into the freezer. Half-price ground beef is not a bargain if it makes you sick because you neglected to cook it quickly enough.
Nearly overripe fruit is good for smoothies and quick breads; just freeze it for later use. Cook up ground beef or turkey and freeze it for quick meals later on. Milk approaching its use-by date can be frozen or used right away to make frugal puddings or homemade yogurt.
8. Make friends with the butcher
Juice Verve / Shutterstock.com
If your grocery store or meat market sells boneless chicken breasts, where did the bones and skin go? Ask if you can have them, then turn them into soup stock.
A blogger named Penny collects these chicken bits in order to render her own chicken fat for cooking. If the butcher isn’t sure that’s OK, Penny suggests asking the store manager. “Doing that afforded me an easy, ‘Sure, no problem,’” she writes.
Don’t want to do it? Try this instead: When you cook chicken or turkey, don’t skim off the fat and throw it into the garbage can. Freeze it and use it later to saute vegetables.
9. Check the Freecycle Network/Buy Nothing Facebook groups
Inside Creative House / Shutterstock.com
But aren’t those groups for things like bikes and couches? Sure, but I’ve seen food products on there as well, including canned goods, frozen dinners, garden surplus, and tree fruit. If no one takes it, what do you want to bet it gets thrown into the garbage?
And as I noted in “Need Something? Buy Nothing,” we’ve gotten lots of food from our local Buy Nothing Facebook group. Some of it was unopened, but not all; for example, we scored a nearly full 50-pound bag of Costco bread flour.
Other things we’ve gotten include baking powder, dough enhancer, powdered milk, salt, dried beans, yeast, canned soup, lentils, pasta, split peas, Spam, canned vegetables, fruits, fish and an institutional-sized box of parchment paper for baking.
10. Glean from gardens and nature
Maridav / Shutterstock.com
Gardeners and homeowners who find themselves with too much of a good thing usually love to give some of it away. Help them out! A handful of websites maintain databases of free produce. Read more about this in “Stop Paying for Your Food!”
Keep your eyes peeled, too. Frugality blogger and writer Erin Huffstetler regularly harvests weeds that are edible and healthy, including dandelions, red clover, purslane and cattails. She and her family also collect wild-growing pecans, chestnuts, blackberries, mulberries and black walnuts.
11. Try some dumpster diving
GROGL / Shutterstock.com
You just knew I’d bring that up, didn’t you? “Freeganism” is potentially illegal, depending on where you live and maybe even dangerous. Do it right, however, and you may wind up with food that’s perfectly safe to consume.
When I managed an apartment building in Seattle, I noticed that a departing tenant had placed a box of canned goods in the recycle bin. I pulled the box out because unopened cans can’t be recycled — and, yes, I kept them, because they were undented and nowhere close to their sell-by dates.
So while I can’t in good conscience recommend that everyone run to the nearest dumpster with a shopping bag, I suggest being alert to your surroundings.
Regardless of the season, your home should make a good first impression on potential home buyers. Here are some helpful tips for boosting your home’s curb appeal during the winter months.
Light It Up With less sunshine and shorter days, adding outdoor lighting to your home will help illuminate it and could make it more inviting to buyers. Lighting the pathway to your front door and highlighting any features unique to your home may increase your home’s curb appeal.
Plan for Snow Depending on where you live, you may get some (or quite a bit) of snow during winter. Your home’s aesthetic could benefit from having a neatly cleared driveway and walkway. It may also be helpful to avoid piling up shoveled snow into unsightly mounds while clearing it. Try using salt to melt snow and checking weather forecasts to prepare for heavy snowfall.
Add Winter Plants Don’t let winter weather mean the end of your garden. Adding evergreen or winter-blooming plants can inject color into the white and gray winter landscape and make your home stand out. Flowers such as witch hazel, winter jasmine, and pansies can thrive and add color all winter.
Eliminate the Ice Ice can be a problem in terms of both safety and curb appeal. Icy grounds can be a slipping hazard and hanging icicles can detach at any moment. Moreover, sharp and dangerous looking icicles attached to your home’s roof and gutters don’t make your home seem inviting to home buyers. Be sure to salt your walkway and safely clear ominous looking icicles.
Update Your Door A front door that appears to be in need of a fresh coat of paint or refurbishing can deter home buyers. Your front door should be in pristine condition, and in the winter months it could benefit from a splash of vibrant color to juxtapose the sparsely colored winter season.
Don’t let winter freeze up your home’s curb appeal. Follow these helpful tips and you may make your home as appealing now as it is the rest of the year.
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Rent control apartments can be rented by anyone, and the rent increases are usually low and predictable. This is because the annual adjustment is based on the Consumer Price Index CPI plus somewhere between 2%-10% of your rent. The combination of CPI + the % increase can never exceed 10% total. The law also sets that the landlord may only increase your rent once in any 12-month period. So, if in 2022 your rent was $1500 upon your anniversary/lease renewal, your rent could have a maximum increase of $93. Because the CPI was 4.2% and the city allowed an additional 2% increase, your rent would be $1593 upon renewal.
We wrote a whole blog about it it if you want to Read more…
Or if you want, just check out the rent control buildings below and score yourself some new digs!
One of the worst things about renting is the inevitable rent increases that you get every year. But don’t worry, there are ways to combat the impact of those rent increases – like finding a rent controlled apartment!
Rent control apartments have a cap on how much your rent can be increased each year, so it’s a great way to avoid sticker shock when your lease comes up for renewal. How rent increases are calculated can be a little tricky, but we’ve got all the details right here. So if you’re looking for some peace of mind when it comes to your monthly housing costs, take a look at our list of Washington, DC rent control apartments below.
1673 Columbia Road, NW Washington, DC 20009
Simple elegance. The best things in life don’t have to be bragged about. They can be simply appreciated each time you arrive home. The Calverton Apartments are in in the heart of the Adams Morgan neighborhood of Washington, DC. An array of restaurants and grocery options are within minutes of your apartment. Inside, you’ll find updated kitchens with energy efficient appliances, grand living rooms and large windows for natural light to pour in. Whether you choose to rent a studio, one-bedroom or two-bedroom apartment, you will be treated to beautiful hardwood floors and ample closet space. This is thoughtful living.
Hilltop House
1475 Euclid St NW Washington, DC 20009
Hilltop House is a hidden jewel of the Adams Morgan neighborhood. This community offers studio and one-bedroom apartments for rent. Each apartment has large windows and breakfast bars; creating a cheerful, open, and bright atmosphere. To keep apartment living and budgeting easy, all utilities are included with your rent. Hilltop House faces Meridian Hill Park, where residents may take in a variety of social and cultural events. Every Sunday the park is activate with kickball leagues, yoga classes, Frisbee sessions, and drum circles. Just a couple of blocks from the Hilltop House apartment community is the Columbia Heights Metro station with access to both the green and yellow like. Hilltop House Apartments have the perfect location to take in all that Washington, DC has to offer.
Meridian Park Apartments
2445 15th Street, NW Washington, DC 20009
Enhance your interaction with your home and its surroundings. Meridian Park offers spacious and affordable studios, one and two bedrooms apartment homes for rent. Featuring updated kitchens with stainless steel appliances, new cabinets, and countertops. The neighborhood is comprised of iconic Meridian Hill Park on its western boundary, booming 14th Street Corridor in the neighborhood’s core, legendary U Street corridor to the south, and row house lined streets lined in-between. Meridian Park is just a quick walk from the Columbia Heights Metro station. Your key to the city is here.
Clarence House Apartments
4530 Connecticut Ave NW Washington, DC 20008
Looking for a studio, one or two-bedroom apartment? Want to be walking distance to the metro, the Giant, Whole Foods, pharmacies, dry cleaners, restaurants, shopping, and great schools? Start your apartment search at Clarence House apartments! Living here means having access to all of our neighborhood’s hidden gems. Stroll to a concert at the Austrian Embassy, enroll in a music class at the Levine School; become a regular at the iconic bookstore Politics and Prose or visit the Hillwood Museum.
4550 Connecticut Ave NW Washington, DC 20008
The Frontenac is nestled in the heart of elegant upper-Northwest. The Frontenac boasts spacious apartments with updated kitchens and bathrooms. Its classic architectural style, evident in our grand lobby’s high ceiling and in our apartment units’, arched doorways and traditional wainscoting, attracts tours of local art history students.You can meet your neighbors or take advantage of WiFi on the Frontenac’s peaceful roof deck or in its spacious laundry room. Take a stroll to the Van Ness metro station, Giant, Whole Foods, pharmacies, dry cleaners, restaurants, shopping, and great schools for students of all ages. Our neighborhood is full of hidden gems..
Sherry Hall Apartments
2702 Wisconsin Ave NW Washington, DC 20007
Located on one of DC ‘s primary arteries, Sherry Hall is nestled in Glover Park between Georgetown and Cleveland Park. Many of Wisconsin Avenue’s most popular restaurants are within walking distance. Inside your apartment home, beautiful hardwood floors, brand new kitchens, and large windows enhance and brighten your living space. New kitchens are equipped with stainless steel appliances including a gas range, granite counter tops, and light wood shaker cabinets. All utilities are included so you know exactly what your monthly expenses will be: no surprises, no math!
2800 Woodley
2800 Woodley Ave NW Washington, DC 20008
At 2800 Woodley, you’ll find large and varied floor plans, all of which include abundant closet space, central air and beautiful hardwood floors. Unique features, such as huge windows and a secretarial desk, lend a sense of charm to your new home. The building is situated on a quiet side-street, yet it lies only steps from the heart of Woodley Park. Some of D.C.’s most popular restaurants and trendy shops are within easy walking distance. Or, if you can’t find what you’re in the mood for at home, hop on the Metro and explore the city. The Woodley Park Metro station is only two blocks away. 2800 Woodley is city living made easy.
Naylor Overlook
2633 Naylor Road, SE Washington, DC 20020
Completely renovated one, two, & three bedroom apartments and duplexes for rent. These spacious floor plans feature stainless steel appliances, microwave, dishwasher, lots of cabinet space, ample closet space, brand new bathrooms, and hardwood flooring. Located in the Randle Heights area of Southeast you have the city in the palm of your hand. Take advantage of having grocery stores, restaurants, clothing stores, pharmacies, nail and hair salons in close proximity. You ‘ll never have to leave your neighborhood!
Wakefield Hall
2101 New Hampshire Ave NW Washington, DC 20009
Wakefield Hall’s decorative facade gives way to just as beautiful apartments. Hardwood floors, updated kitchens, and walk-in closets create a charming and comfortable living space. Wakefield Hall is located near U St./Cardozo Metro Station, giving you access to all DC has to offer via the yellow and green lines. You can step out your front door and experience the cultural vibes within your neighborhood.
The Shawmut
2200 19th Street NW Washington, DC 20009
Classic style and modern amenities are the perfect combinations to make you feel right at home. This pet-friendly building in the heart of Adams Morgan, just across the street from Kalorama Park, creates a comfortable living space for all. The Shawmut’s elegant, New York-style exterior gives way to beautiful one and two-bedroom apartments featuring hardwood floors, 9′ ceilings, and updated kitchens.Step outside and you are in the heart of a vibrant, thriving community. From the bustling 18th St Corridor down to Dupont Circle, you are never far from the energy of Downtown DC. Want to get away? The L2, 42, 43, and H1 bus lines are right outside your front door with direct connections to the Green, Red, and Yellow metro lines.
1380 Fort Stevens Apartments
1380 Fort Stevens Drive, NW Washington, DC 20011
Located in the Brightwood neighborhood, 1380 Ft. Stevens boast comfort and affordability. Spacious one and two bedrooms apartment homes with updated kitchens and baths. Less than a five minute walk from your front door you can find over 15 casual dining options including Julia’s Empanadas, Serengeti Restaurant, and Sabor Restaurant. When it’s time to head to the grocery, Safeway is only .4 of a mile down the road. Commuting is a breeze with bus routes 52, 53, 54, E2, E3, E4, S1, S2, and S4 stopping right outside the property.
1400 Van Buren Apartments
1400 Van Buren NW Washington, DC 20014
Located in the Brightwood neighborhood of Washington, DC, you’ll find this charming brick building offering spacious one and two-bedroom apartments. Less than a ten-minute walk from 1400 Van Buren’s front door you can find over 15 casual dining options including Julia’s Empanadas, Serengeti Restaurant, and Haydee’s Restaurant. When it’s time to head to the grocery, Safeway is only .4 of a mile down the road. Commuting is a breeze with bus routes 52, 53, 54, S2, and S4 stopping right outside the property. The Takoma Metro station is just under a mile away.
Penn View Apartments
2515 R Street, SE Washington, DC 20020
Design cannot be defined by one component but rather the artful intersection of style and function. Located just minutes away from Capitol Hill, Penn View apartments offer affordable efficiencies, one, and two-bedroom apartment homes for rent. Penn View’s luxurious kitchens and functional floor plans are just a few of the features you’ll find at this community. Quality is always on trend.
Eddystone Apartments
1301 Vermont Avenue, NW Washington, DC 20005
Logan Circle and the 14th Street corridor are becoming the homes of some of DC’s most exciting new restaurants. Live one block away from the excitement at the Eddystone apartments in Logan Circle. The impeccably maintained community has a reputation for top quality service. Combine that with gorgeous efficiencies boasting sunrooms, stellar views and huge walk-in closets and you have your ideal new home. Close to the action…far from ordinary.
Hillside Terrace Apartments
1812 23rd Street, SE Washington, DC 20020
Looking for an apartment to rent, but want to live in a quiet neighborhood? Fall in love with Hillside Terrace. Our apartment community is nestled in the tranquil neighborhood of Randle Highlands. Randle Highlands is best known as a small residential neighborhood in Southeast Washington, DC. Hillside Terrace’s garden-style apartment buildings are charmingly situated on professionally landscaped grounds. The studio, one, and two bedroom apartments feature updated kitchens and baths, as well as ample closet space and some of the utilities are included with the rent. The Hillside Terrace community is just a short car trip from all of downtown Washington, DC’s entertainment and shopping.
1818 Riggs Place
1818 Riggs Place, NW Washington, DC 20009
Built-in 1920 1818 Riggs Place is nestled off the beaten path but yet it’s in the heart of Dupont and all it has to offer. 1818 Riggs boasts hardwood flooring, open floor plans, and walk-in closets. 1818 Riggs truly is a walker’s paradise with countless dining options, everything from Five Guys to Thaiphoon and Lauriol Plaza right at your doorstep. The Dupont Circle Metro station only steps away as are the following bus routes 42, 43, H1, L1, and L2. 1818 Riggs, Dupont Circle’s hidden gem is your gateway to all of Washington, D.C.
Chatham Courts Apartments
1707 Columbia Road, NW Washington, DC 20009
Feel the pulse of the city in the center of Adams Morgan, outside the hustle and bustle of the thriving city awaits. Inside Chatham Courts find a quiet serenity from the moment you come in the front door, you will know you’ve found somewhere special. At Chatham Court, you will find apartments with spacious closets, remodeled kitchens, high ceilings, over sized floor plans, and hardwood floors that make a dramatic impression. The building is conveniently located within easy walking distance to the heart of Adams Morgan.
Cortland Apartments
1760 Euclid St, NW Washington, DC 20009
Come to the Cortland Apartments in Adams Morgan; you’ll find your choice of affordable studio, one-bedroom, and two bedroom apartments for rent in Washington, DC. These large apartments in one of Washington, DC’s most popular neighborhoods, offer multiple closets, foyers, beautiful hardwood floors, and large windows to welcome in natural light. The building is conveniently located one block from a Safeway grocery store, Starbucks, and countless dining options. In addition to Adams Morgan’s active social scene, The Cortland’s location is enhanced by its convenience. Living here means you are within walking distance of Dupont Circle, Woodley Park, and U Street metro.
Looking for something different? Search available apartments in the Washington, DC area now.
Equal Housing Opportunity
The housing provider will not refuse to rent a rental unit to a person because the person will provide the rental payment, in whole or in part, through a voucher for rental housing assistance provided by the District or federal government.
Amazon and the Amazon logo are trademarks of Amazon.com, Inc, or its affiliates. Rental providers will not refuse to rent a rental unit to a person because the person will provide the rental payment, in whole or in part, through a voucher for rental housing assistance provided by the District or federal government.
The Best States for Higher Education in 2018 – SmartAsset
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It’s hard to overstate the value of an education. According to Census Bureau data from 2016, the average worker with a bachelor’s degree earns $51,600 per year. That is roughly $22,000 more than the average worker with a high school diploma earns and $30,000 more than a worker without a high school diploma earns. But as everyone knows, getting an education can be expensive and is getting increasingly so. From 2006 to 2016, the cost of college tuition and fees increased by 63%, according to the Bureau of Labor Statistics.
Compounding that problem is the fact that many students take on massive amounts of student debt to pay for college, hindering their ability to save for retirement or buy a home. However, in some states, public colleges are still affordable and offer students excellent earning opportunities. Below we rank the best states for higher education.
In order to come up with our rankings we looked at five factors. Specifically, we compared the states across student-to-faculty ratio, average net price, undergraduate graduation rate, in-state attendance rate and the 20-year return on investment. Check out our data and methodology below to see where we got our data and how we put it together.
This is SmartAsset’s fourth annual study on the best states for a higher education. Read the 2017 study here.
Key Findings
Consistency – For the third year in a row, Virginia and California occupy the top two spots. Eight of last year’s top 10 also ranked in the top 10 this year.
Mixed bag – No one area dominates more than another. Some Northeast states, like New York and New Jersey, rank well, as do some Southern states like Virginia and North Carolina. California also gets an A grade while in the Midwest, Michigan secures a top 10 spot.
1. Virginia
This makes four years in a row in which Virginia was either the best or second-best state for higher education. Schools in this state have a graduation rate of 71%, or second-highest in our study, and offer their students great long-term value. Our data shows that schools in Virginia offer a 20-year average return on investment of $417,711, or fourth-most in the study.
Attending college in Virginia is on the more expensive side, this state ranks in the bottom 10 for average net price.
2. California
California once again secured a spot among the top two. This state ranked well in all but one of our metrics. Schools here have the second-highest 20-year return on investment and the fifth-lowest average net price.
However, for students who prefer an intimate class experience California may not have the best options. According to our data, California has a student-to-faculty ratio above 24, the highest in our study.
3. Wyoming
The Cowboy State takes third. This state ranks highly because of how many locals attend state colleges. Around 62% of high school graduates in Wyoming end up attending local 2-year or 4-year institutions. For that metric, Wyoming ranks 10th.
Wyoming schools also have low student-to-faculty ratios. Its student-to-faculty ratio is 14, fifth-best in our study. With some improvement in the graduation rate (currently 55%), Wyoming might be able to climb into one of the top two spots.
4. Iowa
No public colleges do a better job at graduating its students than Iowa. Overall, 72% of students in public colleges in Iowa graduate, the highest rate in our study. Students tend to do well once they graduate, as well. The 20-year return on investment for graduates of public schools in Iowa is $369,400, ninth most in the country.
5. North Carolina
Once again North Carolina scores well in in higher education. Not only does North Carolina score well in this study, but this state contains many of the best community colleges in the country.
On average, attending one of North Carolina’s public colleges is fairly affordable. The average net price for the 2015-2016 school year, according to The Integrated Postsecondary Education Data System, was $11,500. North Carolina ranks 12th in that metric. Most students who attend North Carolina public colleges graduate, according to our data. North Carolina public colleges and universities had an average graduation rate of just under 61%.
6. Connecticut
Connecticut ranked sixth this year, jumping half a dozen spots from last year. Public colleges and universities in this state have some of the lowest student-to-faculty ratios in the country. At 13.9 only three states have a lower student-to-faculty ratio than Connecticut. But perhaps more important is the graduation rate. Around 66% of students at public institutions in Connecticut graduate, the fourth-highest rate.
Connecticut’s score is hurt by the fact that most graduates of Connecticut high school decide to go out of state for their higher education.
The newfound money that many college graduates come into following their exodus from school can be daunting to manage. In turn, we’ve outlined the top financial advisor firms in Connecticut.
7. New Jersey
The Garden State takes the seventh spot. Public colleges and universities in New Jersey do a successful job graduating their students. Our data shows that the average New Jersey public institution has a graduation rate around 68%, the third-highest rate in our study.
New Jersey schools also have a low student-to-faculty ratio and a better than average 20-year return on investment.
8. Delaware
Delaware secured another top 10 spot in this study. This makes four years running where the Delaware state university system was rated in the top 10.
What makes attending Delaware state institutions so good for its students is the long-term value. According to our data, the average Delaware public college or university has a 20-year return on investment of $423,000. Combine that with Delaware having the seventh-lowest student-to-faculty ratio and it’s no surprise this state ranks so high.
9. New York
New York has some good all-around scores. The average public college or university has a student-to-faculty ratio of 15.7 and an average net price of just under $12,000. Both of those scores are in the top 20. New York has a graduation rate of 55% and 20-year return on investment of $356,000, also two scores which beat the majority of other states.
In fact the state only has a below-average score in one metric: percent of high school graduates who attend an in-state public college or university.
10. Michigan
Our list ends in the Great Lake State. Overall Michigan gets a B+. This state’s public institutions seem to be well-loved by its high school graduates. According to our data, around 62% of Michigan high school graduates went on to attend one of Michigan’s 2-year or 4-year public colleges. While Michigan had no top 10 scores it also had no below-average grades.
Data and Methodology
To find the best states for higher education, SmartAsset looked at data for the following five metrics:
Undergraduate graduation rate. Data comes from the Integrated Postsecondary Education Data System. Data is for the 2015-2016 school year.
Average net price. This metric considers the average yearly price for first-time, full-time undergraduate students. Data comes from the Integrated Postsecondary Education Data System and is for the 2015-2016 school year.
Student-faculty ratio. This metric also comes from the IPEDS data center. It’s from the 2016-2017 school year.
20-year return on investment. This is the difference between 20 years of median pay for a graduate with a bachelor’s degree minus the costs for attending the higher education institution for four years and 24 years of median pay for a high school graduate. Data comes from Payscale.
In-state attendance rate. This is the percentage of students who graduated from high school in 2015 who went on to attend an in-state college. Data comes from the Integrated Postsecondary Education Data System and the Western Interstate Commission for Higher Education.
Data for metrics were found using a weighted average of the schools in each state.
We ranked each state in the five metrics. We then found each state’s average ranking, giving a double weighting to graduation rate. Using this average ranking we created our final score. Our score was graded on a curve with the top 15% of states getting an A and the bottom 15% getting an F.
Tips for Managing Student Debt
Deduct it from your taxes. While there was some talk of eliminating the student loan interest deduction the new Trump tax plan left it in place. This means you can deduct up to $2,500 in student loan interest payments from your taxable income.
Refinance. If you find yourself struggling to pay off your student debt, one option may be to refinance. If you refinance all your student loans it is possible to get access to lower rates or to extend the life of the loan to lower monthly costs.
Derek Miller, CEPF®
Derek Miller is a graduate of the University of Edinburgh where he studied economics. He is passionate about using data to help people make better financial decisions. Derek is a Certified Educator in Personal Finance® (CEPF®) and a member of the Society for Advancing Business Editing and Writing. He is a data journalist whose expertise is in finding the stories within the numbers. Derek’s writing has been featured on Yahoo, AOL, and Huffington Post. He believes the biggest financial mistake people make is waiting too late to save for retirement and missing out on the wonders of compounding interest. Derek lives in Brooklyn.
If you’re a Netflix fanatic like us, you’ve probably binged shows like Selling Sunset or The Real Housewives of Beverly Hills, meaning you already have an idea of what life is like in sunny Los Angeles — and its ritziest surroundings.
The truth is, Cali living is just about as glamorous as you’re imagining. Just by walking on the streets of L.A., you’re bound to bump into Hollywood celebrities at some point in the week — and there’s no place with bigger odds for celeb spottings than Beverly Hills.
Biggest celebrities living in Beverly Hills, California
If you’ve ever wondered what celebrities live in Beverly Hills, we’re here to solve that mystery for you. Because it’s not just housewives who live here if you know what we mean (we’re looking at you, RHOBH fans).
Some of the most famous people in the world reside in Beverly Hills, and we’re about to give you a run-down of our favorites.
After a little bit of real estate detective work, we’ve compiled a list of celebrities who live in Beverly Hills at the moment – they do tend to move around a lot. If you’re planning a visit and are thinking of taking a tour of celebrity homes in Beverly Hills, then make sure these next Hollywood stars — and power couples — are on your list.
John Legend and Chrissy Teigen
Image credit: Simon Berlyn for Sally Forster Jones of Compass, inset Featureflash Photo Agency / Shutterstock
Celeb power couple John Legend and Chrissy Teigen paid $14.1 million to buy Rihanna’s former home in Beverly Hills back in 2016. The couple and their two children made the most of their stunning home during Covid19 lockdown and shared jaw-dropping images of the family hanging out at the property.
But the couple was soon ready for a change, and they listed their long-time home for close to $24 million in the summer of 2020. They found their new dream home pretty quickly, and it was another Beverly Hills gem that cost them $17.5 million – a price worth paying for the zip code alone (90210).
The couple’s new home features 6 bedrooms, 9 bathrooms, a 10,700-square-foot open floor plan, and 24-foot ceilings. They also get panoramic city-to-sea views from almost every corner of the house – a pretty nice upgrade, if you ask us.
SEE INSIDE: Chrissy Teigen and John Legend’s house, a Beverly Hills trophy home
Ashton Kutcher and Mila Kunis
A sporadic Shark Tank host and savvy investor, Ashton Kutcher knows how to wisely invest his growing fortunes. And it’s no surprise that the former That 70s Show actor, along with his equally (if not more) talented wife joined the ranks of celebrities living in Beverly Hills.
Mila Kunis and Ashton Kutcher live in a striking hilltop farmhouse that overlooks the rest of Beverly Hills. The two have taken the farmhouse life seriously and set out to turn their million-dollar property into a fully sustainable farm.
Fun fact: Ashton Kutcher (@aplusk) and Mila Kunis have the sustainable L.A. farmhouse of your dreams (and ours, too, for the record).
The design-obsessed couple gave us a tour of their six-acre property for the cover of our June issue: https://t.co/DDOzrGEiSr pic.twitter.com/5LS1WPYu7c
— Architectural Digest (@ArchDigest) May 18, 2021
KuKu Farms, as the couple lovingly call their homestead, now features a well — that irritates the land — and a corn field, on top of a sprawling garden full of squash, tomatoes, lettuces, and more.
But don’t let that fool you into thinking the property is a rural farmstead. In fact, it’s one of the most beautiful celebrity homes in Beverly Hills, proving that style and sustainability are not mutually exclusive.
Jack Nicholson
Jack Nicholson owns many properties across the country, but his long-time residence is located in Beverly Hills, on the notorious Mulholland Drive.
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The multiple Academy Award winner is a veteran Beverly Hills celebrity resident, having first bought his property in 1969, purchasing additional parcels over the years to expand its footprint. He even bought Marlon Brando’s former neighboring home in 2005, razed it, and had it rebuilt.
Nicholson’s Beverly Hills home is also famous for darker reasons. It’s here that director Roman Polanski reportedly abused an underage girl, while Nicholson and his then-girlfriend Anjelica Houston were away.
The original house that used to stand on the site burned down, and various other incidents took place on Mulholland Drive, leading some to claim that the entire area is cursed. Maybe that’s what inspired David Lynch to make a movie about it.
Taylor Swift
Taylor Swift’s Beverly Hills abode is in a league of its own. The singer paid $25 million for movie mogul Samuel Goldwyn’s home back in 2015 — yeah, that Goldwin, you know, of Metro Goldwyn Mayer?
Taylor Swift’s house in Beverly Hills, seen from above. Photo credit: Zillow, insert Raph_PH, CC BY 2.0, via Wikimedia Commons
Swift’s mansion was actually granted landmark status in 2017, which means the young musician now owns a piece of Hollywood history. The property has never before been owned by someone not part of the Goldwyn family, so Swift is also writing history, if you think about it.
The 10,982-square-foot mansion is to be restored to its former glory, with the approval of the Beverly Hills City Council, of course.
The singer also owns a sprawling house in Rhode Island, which got a shout-out on her 2020 album, Folklore, with the song The Last Great American Dynasty paying tribute to the wealthy (and eccentric) socialite that owned the house before her.
SEE ALSO: Taylor Swift’s Holiday House — Home to “the Last Great American Dynasty”
Adele
Photo credit: Simon Berlyn / Compass, inset via DFree / Shutterstock.com
Grammy-winner Adele is another Brit who has a thing for California living. The singer purchased her first home in Beverly Hills in 2016 for $9.5 million, and her second in 2018, after splitting from husband Simpon Konecki.
She didn’t venture very far to find her second home, though, as the two properties are across the street from each other. Adele’s second Beverly Hills abode cost her $10.65 million and was built back in 1961 in the gated community of Hidden Valley. It was previously owned by film producer Michael Hertzberg, according to the L.A. Times.
But the singer didn’t stop there.
Adele added another stunner to her real estate portfolio in 2022, when she shelled out $58 million for a property previously owned by Sylvester Stallone.
Adele’s sprawling mansion boasts the iconic 91210 zip code and is located in Beverly Park, which is still pretty close to Beverly Hills if you ask us. The new luxurious estate is now her home base, although she continues to own several properties in Beverly Hills.
SEE INSIDE: Adele’s house in Beverly Park, the $58M ‘house that Rocky built’
Sandra Bullock
Actress Sandra Bullock is also part of the elite group of Hollywood stars who reside in Beverly Hills. Our beloved Miss Congeniality paid $16.9 million in 2011 for a seven-bedroom mansion right next door to Ricky Martin.
Photo credit: Michael McNamara at ZenHouse Collective and Preview First, inset Fred Duval / Shutterstock.com
Bullock also used to own a 3,153-square-foot home right above the Chateau Marmont on the Sunset Strip, which she rented out for a whopping $18,500 per month. She reportedly had enough of her role as landlord and sold that property in 2018.
An avid real estate investor and collector, Bullock has an impressive real estate portfolio to her name. While her current home base is in New Orleans, Louisiana, Bullock also spends time at her residences in Beverly Hills, Malibu, Austin, and New York City, to name just a few.
In early 2021, the actress paid $2.7 million for a 1946-built bungalow nestled in the mountains above Beverly Hills. The multi-acre property features 3 bedrooms, 3.5 bathrooms, a swimming pool with a waterfall, and gorgeous views. The Hollywood actress likes to keep her personal life private, so there’s no telling how much time she gets to spend at each of her various properties.
Jennifer Lawrence
Hunger Games star and Hollywood darling Jennifer Lawrence moved into her gorgeous Beverly Hills home back in 2014. The luxurious five-bedroom home came with a price tag of over $8 million, and an impressive list of previous homeowners, which includes Jessica Simpson and, shocker, Ellen DeGeneres.
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The property boasts a romantic, European-inspired vibe, which you might not have expected from a strong personality such as Lawrence. The actress enjoys beautifully landscaped grounds, a koi pond, a swimming pool, and even a home gym. No wonder she’s in such good shape.
Nicole Kidman and Keith Urban
Actress Nicole Kidman and her husband, country singer Keith Urban purchased their current Beverly Hills residence in 2008 for roughly $4.7 million, adding to their already heavy portfolio of real estate.
Photo credit: Google Maps, insert Kathy Hutchins / Shutterstock.com
Since the acquisition, Kidman and Urban upgraded the property to include fun amenities for their children, including a jungle gym, a pool slide, and a chic cabana.
Their main residence is still in Nashville, but they own properties across the U.S., and their Beverly Hills mansion is reportedly one of their favorites. We say reportedly, because the couple is very private, and not much is known about their whereabouts. Even the interior of their Beverly Hills home remains a mystery, but we can safely suspect that it’s nothing short of glamorous.
Jason Statham and Rosie Huntington Whiteley
Next up on our list of Beverly Hills A-listers is probably the most good-looking couple on the planet. British movie star Jason Statham and supermodel Rosie Huntington-Whiteley settled in Beverly Hills in 2015, when they paid $13 million for a stunning five-bedroom mansion.
Their incredibly beautiful home was designed by Jenni Kayne, and is a perfect mix of contemporary architecture and timeless elegance. We wouldn’t have expected any less from the Victoria’s Secret model, as her taste is always impeccable.
You can take a peek inside the couple’s Beverly Hills mansion by watching Vogue’s 73 Questions With Rosie Huntington-Whiteley video:
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Not to mention that Statham is a passionate houseflipper. The couple and their young son spent lockdown at their modern mansion, where Rosie even filmed several Youtube videos sharing her beauty and style tips.
Kendall Jenner
Kendall Jenner’s art-filled Beverly Hills home is so gorgeous that it was even featured in Architectural Digest. The supermodel gave us all a sneak peek inside her sprawling, $8.55 million Mulholland Estates home that was once owned by Hollywood bad boy Charlie Sheen.
Photo credit: Youtube / Architectural Digest
Jenner purchased the house back in 2017, and she listed a team of experts to help her redesign it to her heart’s desire. The result is a cozy, serene, and quiet escape from Jenner’s busy daily life, and a perfect retreat away from the prying eyes of the media.
The 6,625-square-foot home features meditation corners, a peaceful backyard, and an art studio where Jenner gets to unleash her creativity.
SEE ALSO: Keeping Up With the Incredible Homes of the Kardashians – the 2023 edition
Jeff Bezos
Amazon CEO Jeff Bezos is another celebrity with an impressive real estate portfolio under their belt. But this one is on an entirely different level, because Bezos owns the most expensive property in Beverly Hills, and probably one of the priciest in California.
Bezos paid a whopping $165 million for the Jack Warner Estate, previously owned by David Geffen, in early 2020. It was a record sale for a private residence in Los Angeles County, and one of the priciest residential sales in the country.
The Warner Estate was built back in the 1930s and is a one-of-a-kind historic gem worthy of Great Gatsby-style parties. Since purchasing the luxurious mansion, Bezos invested heavily in upgrades, adding a pool house, a powder room, and more high-end amenities.
Lizzo
In October 2022, acclaimed singer and songwriter Lizzo paid $15 million to snag Harry Styles’ former luxury mansion in Beverly Hills. The house was built in 2019 and boasts the legendary 91210 zip code, as well as 5,300 square feet of living space, 3 bedrooms, and 4 bathrooms.
Lizza and her house in Beverly Hills. Property photo credit: Alex Zarour, insert Cosmopolitan UK, CC BY 3.0, via Wikimedia Commons
Nestled in a private, gated community perched in the mountains atop Beverly Hills, Lizzo’s new home was owned by singer Harry Styles from 2014 to 2016. Since then, the property was remodeled and upgraded to meet the needs of modern A-list buyers like Lizzo.
The musician has not been shy about showing off her new digs, posting content on social media of her enjoying her stunning home theater or gorgeous infinity pool.
Rihanna and A$AP Rocky
Rihanna made the news rounds in 2023 after headlining the Super Bowl halftime show, reaching another level of awesomeness in her career. Luckily, she’s got quite a few luxury properties to retreat to and unwind after an adrenaline-driven show.
The singer boasts quite an extensive real estate portfolio, splitting her time between her properties in Beverly Hills, Century City, the Hollywood Hills, and Barbados.
Rihanna’s house in Beverly Hills. Photo credit: Realtor.com, inset Cubankite / Shutterstock
Rihanna had a busy year in 2020, purchasing a five-bedroom mansion in Beverly Hills’ 91210 zip code for $13.8 million. Just months later, she paid $10 million for another four-bedroom mansion right next door. This investment might be a sign that this is where the singer and her partner, Asap Rocky, plan to settle down and raise their growing family.
The 7,600-square-foot home was built in 1938 and features 5 bedrooms, 7 bathrooms, huge walk-in closets, marble bathrooms, large private terraces, and stunning views. But above everything, the property offers privacy from the inquisitive eyes of the paparazzi.
Who knows, the house next door could house a recording studio, additional security and staff, or more baby rooms!
SEE INSIDE: Rihanna’s house in Beverly Hills
These are just some of our favorite celebrities who live in Beverly Hills. This eclectic enclave is a magnet for Hollywood stars, so the list could go on and on, but we’ll stop here – for now. Stay tuned for more celebrity-related real estate coverage on Fancy Pants Homes!
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One of New York’s finest new residential buildings has recently unveiled its crown jewel.
Rising above West 23rd Street in trendy Flatiron District, Flatiron House is a two-building condo development that aims at bridging the gap between luxury city living and a much-needed connection to nature.
With planted and irrigated Juliet balconies in most of its residences, a lush central garden, and a distinct focus on biophilic design — a design philosophy centered around the idea that the indoors should mimic the great outdoors to improve people’s lives and enhance happiness — Flatiron House stands out from its concrete and glass counterparts.
Rendering courtesy of Wordsearch
Now in the final stages of development, Flatiron House was designed — both inside and out — by COOKFOX Architects, a leader in biophilic design, in collaboration with Anbau Development.
Drawing upon the aesthetic of its landmarked neighbors through a distinctly contemporary lens, Flatiron House consists of two residential buildings connected by a central garden.
The first, a more intimate structure dubbed ‘the Loft’, offers only seven one- to five-bedroom residences (many of which span the full floor with direct elevator access) and an entrance on 24th Street.
Rendering courtesy of Wordsearch
The second, and biggest, goes simply by ‘the Tower’, and consists of 37 one-to four-bedroom residences with a separate entrance on 23rd Street.
But the Tower too offers a full-floor residence: the 3,194-square-foot unit Residence 21A, the building’s most expensive home, which towers above downtown Manhattan offering 360-degree views.
Priced at $13,500,000, the full-floor home comes with 4 bedrooms, 4 bathrooms, a corner living / dining room with bright south and east exposures, and a perfectly-appointed kitchen.
Rendering courtesy of WordsearchRendering courtesy of Wordsearch
The living room opens up to captivating city views that include the Clocktower and downtown Manhattan, while two of the secondary bedrooms offer Empire State Building views.
As for the primary bedroom of the upscale residence — which features a large walk-in closet and windowed dressing room, and 5-fixture bath — it opens right into the planted balcony, also called a loggia (defined as an open-sided extension to a house).
Rendering courtesy of WordsearchRendering courtesy of Wordsearch
In fact, the $13.5 million residence has a 222-square-foot planted and irrigated loggiathat runs the full length of the east windows, adding to the rhythmic grid of windows and leafy balconies that are characteristic to the building.
Designed in collaboration with Brooklyn-based landscape architect Future Green Studio, plant species will be included in the home, such as periwinkle, thyme, oregano, lavender, alpine strawberries, and lowbush blueberries.
The planting choices are very specific and based on a Mediterranean approach to be edible, fragrant and open to regular sun exposure.
But the lushly planted gardens are by no means the luxury building’s only upscale additions. Indoor amenities include an attended lobby, a fitness center with yoga area and terrace access, a lounge, a game room with billiards table and dining area, and discreet on-site parking.
Residence 21A is the most expensive unit at the Flatiron House, with the lowest priced residence being $1.98 million at the time of writing.
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If you want more financial discipline you are probably looking to curb impulsive spending, save money, or maybe just achieve financial stability.
Building self discipline your financial decisions is an important part of building wealth over the long run.
What’s Ahead:
Why is self discipline the key to becoming a good saver
Being a good saver requires self discipline since there is so much fun stuff to do and buy. You are exposed to more advertising than anyone in the history of the world, and the marketing companies know a lot about psychology and exactly how to get you to part with your money.
So it takes a lot of self discipline in order to fight those tactics and stay on course to meet your goals. You have to have a clear goal and know that meeting that goal is more important than anything you can buy.
It requires a lot of self discipline to overcome the temptation to delay gratification of spending money and to save it instead.
Steps to develop self discipline
Step 1: Set a goal – then break it down into regularly recurring actions
What exactly do you want to achieve? It could be to build a fully funded emergency fund, start investing, pay off your debt, or even achieve financial independence – or anything in between.
Write down exactly what your goal is and the date by which you want to achieve it. For example, you may want to pay off your credit card debt within one year.
Then break down exactly what actions you need to take on a regular basis. Make these actions as small and as regular as possible. A small daily action is better than a larger monthly action.
For example, if you owe $10,000 on your credit card you’ll need to pay $833.33 off each month. Is that doable? If your budget allows for that, great. If not, you’ll need to figure out what exactly you need to do make up the difference.
If your regular payment is $150 and you can pull an extra $200 per month from your monthly budget that means you’ll need to come up with an additional $484 per month. If you have time to walk dogs after work you may decide to pick up a dog walking client for a few walks per week. At $25 per walk you’d have to walk the dog 20 times per month to make up the $484 you need. If you picked up a client that needed the dog walked everyday after work, you’d have the full amount.
You now have a goal and an action plan to make that goal happen.
Here are a few examples of short, mid, and long-term goals, but feel free to fill in the blanks with your own personal financial goals.
Short-term goals
Saving money each month towards your emergency fund
Going out to dinner with friends twice a month
Small household projects (planting a small indoor garden, painting a room, etc.)
Mid-term goals
Saving for a weekend getaway
Paying cash for your next car
Paying off your credit card debt
Long-term goals
Down payment on a house
Paying off your student loans
Putting money away for retirement
Read more: How to prioritize and save for multiple goals at once
Step 2: Track your progress
You’ll want some way to visualize and track your progress. A lot of people find this extremely motivating.
Using the example of paying off your car above, you could make a thermostat and color in a section each time you make a payment, representing the amount of money you’ve paid off (or is left on the loan). Or cover a piece of paper with stars (or anything else) and color in a star every time you send in your payment, each star representing one payment or a set amount of money.
Hang your tracker on the fridge so you can see it every day to remind you of what you are working towards. Make it a little celebration each time you get to fill in more of your tracker.
You can also go digital with your goal tracking. Apps like Empower offer a few different services for investing and checking up on your financial health. But, in this instance, I’m referring to the free tools they offer to keep track of your net worth.
You can create an account with them without opening an investment account. The wealth management and planning tools are the ones that you will probably be most interested in to help determine where you are at currently.
You can connect all of your financial accounts within the tool. These will be things, such as:
Checking account
Savings account(s)
Investment account(s)
Student loan account(s)
Auto loan account
Mortgage account
Credit card(s)
Medical debt account(s)
Sometimes, it can be pretty scary to see what your actual net worth is vs. where you want to be.
But, I use this as a driving force to work harder every month to increase my overall net worth. Because the faster I can get my net worth up, the faster I can get to my long-term goals.
Step 3: Find your tribe
Find people in your life who are working towards similar goals. This will help build self discipline because you’ll have a community that is embodying the new behaviors you want to build.
If you meet regularly with others who are paying off debt, you’ll have more discipline to follow that same path. You’ll have someone to share your successes with and a friend who can help when you are struggling.
Contrast that to when your friends regularly encourage overspending. Just going out to have a meal or a drink with friends can end up costing $100 or more in some instances. Something that sounded so innocuous, has now completely derailed your goal.
This isn’t to say you need to replace your entire friend group – not at all. But it will be up to you set a budget for having fun and then stick to it.
For example, instead of having two-three drinks, only have one. Go out for lunch instead of dinner, or a matinee instead of a night movie.
All of these options still give you the freedom to hang out with your friends and enjoy your life, but it won’t cost you nearly as much. And when you stick to your budget, your future self will thank you for your discipline.
Read More: The Cost Of Friendship – How Your Friends Affect The Way
Tips to meet your financial goals
Determine your needs vs. your wants
Setting up your financial goals and a way to track them are the first steps. But staying on track can get tricky when life happens. This is where needs vs. wants come into play. There are things that all of us want to have. But these are the things that can throw us off track so fast it will make your head spin.
So keeping in mind if the item/service is a need or a want can help you have more financial disciplined. Just remember to think long and hard about any purchases before you pull the trigger. If it is a need, then go ahead and do it. But if the item is actually something you want instead, it’s usually best to hold off even for a bit to make sure you still really want it as much as you think you do.
Reduce, reuse, recycle
When it comes to purchasing wants, you have a few other options that can save you a ton of money. If there is an item that you are wanting to purchase, but it simply isn’t in the budget, what might be some other ways to achieve the same goal?
Reduce, reuse or recycle may just be the best option here. If you have things in your house that you can get rid of (and maybe even make some money off of their sale), then that is one way to get the potential want. Sell your old stuff and then use the proceeds to purchase the new want item.
Or, if you can reuse an item you have in your house already, paired with something else, in order to create a similar item, then why not do that? Sometimes, all a table or chair needs is a fresh coat of paint in order to feel like a completely new item. So get creative and think outside the box about things you already have at your disposal.
And if all else fails, recycle your old items. You may not make any money off of them, but you could potentially get a tax write-off. Plus, it declutters your space, which can make it feel like a completely new room. Sometimes, that is really all you need.
Make it automatic
No matter what you goal is you can probably automate at least some of it.
If you want to save more, schedule automatic transfers from your checking to your savings. If you want to pay off a certain amount of debt each month, set automatic payments to your accounts.
Having these transactions happen automatically will remove the friction that can be caused when you have to manually make that extra payment, or save that extra money. You can always go in and stop or change the automatic payment if you can’t swing it one month, but making it the default will cause it to happen more often than not.
Of course, don’t set yourself up for failure. Setting an automatic payment without a plan to make sure the money is available will cause more harm than good. Create a feasible plan and realistic goal, then set it up to run without any extra effort from you.
Read more: Put your money on autopilot
Put your emergency fund in a high yield savings account
If you are working on building your emergency fund – or already have a solid savings account – you’ll want to make sure you are getting the most interest possible. This will help grow your savings rate since you’ll be earning a little extra interest each month.
Interest rates on high-yield savings accounts are higher than they’ve been in years, and the difference between online accounts and those at your local bank are huge. So, while these high yield savings account rates may not be anywhere close to the average return you will get on investing your money, it’s still nice to make some interest on your savings.
The best high yield savings account, in my opinion, is the CIT Savings Builder.
Read more: How Much Should You Save Every Month?
CIT Bank Savings Builder
CIT Bank Savings Builder has a very competitive APY – compared to the pennies you get from a credit union account.
You only need $100 to open an account and they charge no maintenance fees. To earn the highest APY, you need to get your account up to $25,000, or you need to deposit at least $100 monthly. See details here.
The CIT Savings Builder has a completely online platform, so everything can be done directly from your smartphone, just to make life simpler. They are also FDIC insured up to $250,000 per account type.
CIT Bank. Member FDIC.
Summary
Overall, it is extremely easy for our money to flow through our fingers like water. This is why you have to be cognizant of what you have and where you want to be with your finances.
If you want to avoid debt, save more money, or invest for your future then it’s important to develop self discipline in your finances.