October 20, 2020

HOT HOME IDEAS — #6 OF 12

People today seek to personalize, economize, and make the most of their space—inside and out.

Today’s home owners seek style and comfort, but they’re ever mindful of the toll that our choices can take on the environment. These home-furnishings trends reflect current priorities and aspirations. Some of these phenomena will inevitably fizzle, while others will become mainstays of the home, but for now they are attracting lots of industry and consumer buzz.

#6 Condo home offices
Why trendworthy:
To help home owners maximize small spaces—and obtain a tax deduction.

Owners of single-family homes have long been able to convert a bedroom, den, or basement to an office, but down the road more condo buyers and apartment renters will find homes with small, dedicated spaces for business use, says Robert Kaliner, president of the Ascend Group, developer of the luxury Georgica condominiums in New York, where each glass-wrapped unit will have a home office (www.georgicany.com). Steve Kliegerman, executive director at Halstead Development, which is marketing units with home offices in another New York building, The Fitzgerald (www.thefitzgeraldcondos.com) in Harlem, sees a couple of factors behind the trend: Older, retrofitted office buildings tend to come with nooks that lend themselves to becoming small offices, and the home office tax deduction gives these spaces special appeal.

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