Ecoluxury Jul18

Ecoluxury

Modern renters gravitate towards housing that allows them to protect natural resources without sacrificing convenience. Increasing demand has paved the way for sustainable features to shift from ecoluxury to affordable communities. Luxury is not a term for opulence. Rather, the phrase reflects the Latin luxus, which denotes something that is precious and of optimal caliber. The ecoluxury lifestyle and products signify the value of our environment and the high quality of the products used to protect it. Joyce Mihalik, Vice President, Integrative Design, Forest City Realty Trust, defines ecoluxury as “seamless elegance embedded with sustainable design that gives the tenant a luxurious experience.” Sustainable features must blend with convenience, functionality, and style. Ecoluxury appeals across demographic boundaries. “If you can afford it, you will want it,” Mihalik casually says. The trending products below reappear in ecoluxury communities throughout the United States. As demand rises and pricing becomes more competitive, these features will appear more frequently in market rate and affordable communities. Home Automation Devices GID Investment Advisers, and its property management company Windsor Communities, is a national leader in green multifamily properties. With 11 green certified buildings and nine additional properties in the certification process, the Boston-based company takes pride in its ecoluxury residences. Matthew Bernstein, Asset Manager, GID Investment Advisers, notes the growing popularity of smart home devices, “Home automation will continue to grow, offering new opportunities for residents to enjoy smart homes.” Home automation devices allow renters to remotely control thermostats, fixtures, appliances, and even outlets through the use of a mobile device. GID’s  Los Angeles property, Hanover Olympic, offers 20 Eco-green units. Each unit is equipped with a Google Nest Thermostat. After one week of use, Nest learns the preferences of inhabitants. The device then automatically adjusts interior temperatures to account...