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- 2025 | 3 Posts
10
Before SoHo, This Building Was at the Heart of New York’s Arts District
Image Caption: The model one-bedroom apartment at the Parc Beaufort development on West 57th Street.
9
My Building Is Spending Money and Hiding the Receipts
8
Maurice Tempelsman’s Penthouse Is on the Market for $5.5 Million
2
Why is Build-to-Rent Housing Trending?
Several factors are driving the growth of BTR housing:
1. Housing Affordability Challenges
With rising home prices and higher interest rates, many potential buyers—especially millennials and Gen Z—are delaying or opting out of homeownership altogether. Renting provides a more affordable and flexible alternative. BTR communities offer high-quality housing options for those who prefer to rent but still want the feel of a single-family home or modern apartment.
2. Lifestyle Preferences
Renters today are looking for more than just a place to live—they want convenience and amenities. BTR developments often include features like:
- On-site amenities (pools, gyms, co-working spaces)
- Maintenance-free living (landscaping and repairs handled by management)
- Community living (clubhouses, parks, and social events)
This ali...
26
The 50/30/20 Budget
The 50/30/20 Budget
This is a formula you can use to help determine how much of your income you may want to put towards three major spending categories–needs, wants, and savings.
With this budget you would divide your take-home income in this way:
- 50% would go towards "needs," such as rent/mortgage, utilities, insurance, gas, groceries, minimum monthly debt payments.
- 30 % would go towards "wants," such as dining out, entertainment, hobbies, gym memberships, and entertainment.
- 20 % would go towards "saving" for future goals, such as paying off all of your debt, saving for an emergency fund, saving for a home, and investing.
A budget is simply a means of measuring and spending your money in a way that ensures your basic needs (such as f...