Insider Life: Millennial NFTs - Coastal city exodus - At-home fitness boom
Happy Friday, everyone. Welcome to another edition of Insider Life, where we bring you our top reads from the intersection of luxury, real estate, culture, and travel. Today, we're going to tell you why now is not the time to buy a house, introduce you to the companies dominating the at-home fitness world, and give you advice on how to take your toddler on a ski trip.
But before we get into it, we want to invite you to a special event. Today at 2 p.m. EST we're hosting a conversation on the COVID-19 vaccine during pregnancy. We'll be joined by an OBGYN and a pediatrician (and hopefully you, too). Here's how you can register.
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Without further ado…
We hate to be the ones to break it to you, but now's not the time to buy a house, experts tell us. A year into the pandemic, there are barely any homes left on the market, and the ones that are available are increasingly expensive.
We explain why in our exclusive report.
Speaking of exorbitantly priced homes - we chatted with Danielle Naftali, a 27-year-old real-estate heiress, who helped convince a mystery buyer to shell out $35 million for an NYC penthouse during the pandemic.
Ultrawealthy millennials are digitally reshaping the art market. Bloomberg reported that young and tech-savvy buyers are purchasing pieces online and investing in crypto art - and helping save a declining art market in the process.
The at-home fitness industry is booming, and investors are taking note. These seven companies are manufacturing Peloton, NordicTrack, and Ergatta rowers, and are dominating a market expected to be worth more than $15 billion by 2027.
Rich Americans left coastal cities for suburbs, ski towns, and vacation spots during the pandemic. Now, they're enjoying large, amenity-laden homes with zero concerns about commutes.
These are the top four areas booming with big-city transplants.
After taking her 2-year-old on a ski trip, Insider's Jennifer Cunningham is offering advice for other parents who want to do the same.
Plus…
- Your morning coffee is about to get more expensive. Here's why.
- Squeeze, a massage studio startup, is planning an aggressive expansion. An inside look at the CEO's plans.
- TripAdvisor's new subscription service gives travelers access to exclusive hotel deals and upgrades. The company's CEO explains why the service is worth it.
- Martha Stewart says her skin-care routine includes waking up at 4 a.m. to apply a face mask. Other secrets to a flawless complexion.
Compiled by Jordan Parker Erb.