There's a reason Warren Buffett is known as the Wizard of Omaha. He has a near-prescience when it comes to picking stocks. Sure, he's seen his share of failures but understanding the market seems to come more readily to him than the average person. Therefore, his movesand by extension Berkshire Hathaway'sdraw extra attention from market watchers and often drive stock share sales as well. Restoration Hardware (NYSE:RH) recently got the benefit of Berkshire Hathaway's attention recently as Buffett's powerhouse revealed a new stake taken out in the home furnishings operation.

Renovation Hardware Stock May Prove a Market Beater

When Berkshire filed its F13 form with the Securities and Exchange Commission (SEC), it contained a line that caught a lot of market attention. Berkshire currently owns 1.2 million shares of Restoration Hardware, which at the time of filing was worth roughly $210 million. That's enough to make Berkshire the fourth-largest single stakeholder in the company.

This was an announcement sufficient to draw interest from the rest of the market and spark sales sufficient to drive up the price of Restoration Hardware shares up 5.45 percent as of this writing. This is on top of gains already seen that drove the stock price up over 40 percent this year alone.

Good Bones Under Restoration Hardware Stock

While the Berkshire deal likely drew a lot of interest from the market, it's not just Warren Buffett's interest that should draw attention here. Looking at Restoration Hardware's fundamentals suggests that there are good bones involved here. When home renovators and design professionals hear the term good bones, they know they're looking at a house that is fundamentally sound, and may only need certain cosmetic changes or technology updates to be a truly great home.

Restoration Hardware's numbers should evoke a similar reaction. The stock is trading at a P/E ratio of 28.23, which means investors are expecting growth from the stock, in a big way. Throw in the earnings per share (EPS) numbers of $6.50, and that drives home why the stock is trading at $184.80 as of this writing. That's also remarkably close to its 52-week high of $192. With a market cap of over $3 billion and nearly 18.6 million shares outstanding, there's a reason to get in, and plenty of room to do so.

What's the Neighborhood Like?

The neighborhood is always important for home buyers and design professionals. The neighborhood for renovation hardware stock is looking impressive in its own right. Consider the macroeconomic picture and you'll see great potential ahead for Restoration Hardware and those of its ilk.

Right now, the overall economic picture is fairly sound and retail is doing well. While big-ticket items seem a bit sluggish, people are willing and able to shop. Home product sales are doing well as well, and people seem to be putting particular care into their houses' look and offerings. Overall home design is taking on a new importance; maybe some are seeing a recession coming eventuallyas it must at some pointand are putting the focus on their home's design to have a comfortable place to wait it out.

Some suggest that Restoration Hardware has drawn particular interest thanks to a shift in its target market; the company recently attempted to rebrand itself as a retail outlet for high-end home design components, a move which has powered it to new heights in the broader market. Throw in the recent opening of 70 RH Galleries, which are basically stores with a lot of extra space said to resemble museums more than standard shops, and a membership-driven sales model, and it's a recipe for pursuing the high-end home buyer.

Home Design Products Sales Draw Interest

No matter what the motivation behind it, it's clear that a major figure in investing has taken a liking to Restoration Hardware. There are several possible reasons at work here, starting with solid fundamentals and moving to an overall market that's amenable to more sales for home products. Regardless, it's clear that this entry in the home design stock stakes is getting a serious boost, and causing other investors to look twice.

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Berkshire Hathaway Reveals New Stake in Restoration Hardware (RH)Shares Jump - MarketBeat

In 1937, the wealthy Davis family enlisted Palm Beach's favorite society architect, John Volk, to devise a neoclassical, Adam-style home. They dubbed it Villa Primavera, and for decades, the lakeside housewhich was later named a landmarkenjoyed a reputation as one of the most breathtaking homes among the many that dot the moneyed isle of Palm Beach.

In the 1990s, the villa's interiors were redecorated by the legendary American designer Mark Hampton in one of his last projects before his death. But in the years since, the property had fallen into the same kind of disrepair that befell Grey Gardens, the shingled Long Island estate of Bouvier cousins "Big" and "Little" Edie, memorialized in the 1975 documentary. Climbing vines covered the exterior, a pool house collected mildew, and a once-grand dining terrace was littered with discarded flowerpots.

That is, until a few years ago, when a young family bought the property and enlisted designer Scott Sanders (who splits his time between Palm Beach and New York) to restore the property to its original glorywith all the added comforts of today, of course.

Nickolas Sargent

"For a period of nearly a decade it sat sporadically unoccupied and poorly maintained, subjecting it to near demolition by neglect," explains Sanders. "Thusly, the current owners were faced with an extensive restoration of the house bordering on a complete rebuild, made all the more complicated by its landmarked status."

It was like the house was saying, "Please help me!"

Sandersalong with architect Harold Smith of Smith & Moore Architects, design architect Angelo Davila, and landscape architect Fernando Wongworked with Palm Beachs Landmarks Preservation Commission on their plans. Despite the many hurdles in their path, the team was able to complete the project, and the family able to spend its first night in the home, just 15 months after construction began.

A family with two children bought the house a few years ago. While many of Palm Beach's properties are vacation or weekend homes, this one is their primary residence.

The homes is in the Adam style, an aesthetic originated in 18th-century Scotlandbut a simpler version if it, which became popular in 1930s America. "After the depression, people didn't want these over the top houses, so they came up with this sort of Palm Beach style, which was much more subdued," says Sanders. "It just sort of really pared down on the details. And in this particular one, the detailsinside and out are just perfect." Sanders saw his main goal as restoring, and adequately highlighting, those details.

"The first time I saw it, in spite of everything else and how it looked, you saw through all of it, those incredible details," he says.

Throughout the home, Sanders mixed contemporary furnishings with antiques from the home's original era for a sense of updated history. In the entry, Holly Hunt benches sit across from a 1930s Belgian sideboard.

"They wanted to build a secondary formal hallway to incorporate different rooms and bring it back to 2019," Sanders says. "And that allowed for the beautiful black-and-white floor and the incredible casings around the doorsthese spectacular details to be recreated."

In the formal living room, Sanders nodded to the work of Mark Hampton, who outfitted it in the 1990s. An Architectural Digest article on Hampton's design describes the space as "a dozen tones of white working their way down to beige," so it's fitting that this room is the most neutral in the home.

To better fit the current clients' lifestyle, Sanders divided the fairly large space into several different zones. "We were charged to make sure it wasn't just a living room," Sanders says. "They really wanted to use it, not just at holidays." Davila added the built-in bookcases and incorporated a mini-bar. "So it can work for a group of 20, or for two couplesor just if you want to go in and read," Sanders says. "We made it very informal and inviting."

After the architect carved out a square dining room from a onetime maid's quarters, Sanders had it covered in a jaw-dropping 17 coats of lacquer. "He was working on it for three months," Sanders says. "They are incredible. They sparkle, they shimmerand that to me is how you take the house into the 21st century. You have the moldings that are appropriate to the house, but then that lacquer takes it into this century."

In the library, which had gone through several iterations since the original, design architect Angelo Davila devised cabinetry that echoed original period details. Again, Sanders added a modern twist. "I wanted to feel a little more modern, right? We came up with the idea of putting the inlay nickel trim," he says, of the subtle detail that adds depth and a more contemporary feel.

A small nook with a porthole window at the back of the room (once a bathroom) got a new life as a space to hide a printer and a mini bar with a refrigerator. Now that it opens into the library, Sanders points out, "you get a little hint of the view outside" to the Fernando Wong-designed gardens.

"It's all based on blues," Sanders says of the calming bedroom, whose palette echoes the lake views through its windows. As in the living room, the designer designated several zones for different activities: a desk with an Alfonso Marina Grasse chair, a seating area with John Rosselli armchairs, and an Iliad Lulei Bergre bench by the entry.

The home takes the biggest turn from its original state in the master closets and baths, which Sanders customized down to the last detail based on his clients' routines. "People live differently now," Sanders says. "We created a whole master suite where they each have their own bathroom, their own master suiteand there's a coffee bar."

The added coffee station, Sanders says, is something "everyone is asking for."

Across the home's stately garden, Sanders added a second building to mirror the existing poolhouse. One is home to a gym, while the other houses the ultimate hangout spot, complete with game tables and a nautical-themed bar. "They have a fantastic game room in their vacation house up north," Sanders says. "But it's very dark. So I wanted to kind of reverse that, and make this one really bright."

"We thought it could be more informal, so it feels really beachy. It feels fun."

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Inside the Painstaking Renovation of "The Grey Gardens of Palm Beach" - HouseBeautiful.com

Once it had collared enough bison, the team used satellite images to see whether the animals movements matched the appearance of new greenery. They really didnt, Geremia says. They start to surf, but then they stop, allowing several weeks worth of fresh vegetation to pass them by.

Confused, the team followed the bison in person, and collected dung samples to see whether the animals were suffering from a nutritional deficit because of their lax migrations. The poop, however, revealed that the bison were still consuming as much protein as if they had continued to surf the wave. It threw us for a complete loop, Geremia says. How can they fall behind but still have an incredibly high-quality diet?

He found out by fencing off small patches of land along the bison migration route. By comparing the plants within and beyond the fences, the team learned that bison graze so intensely that they freeze plants in early spring for weeks at a time, preventing them from maturing and forcing them to continuously produce young shoots. Other North American mammals like mule deer cant do this, because they travel in small-enough groups that plants can still outgrow the effects of their grazing. Bison, however, gather in the thousands. By moving in synchrony, they dont have to surf the green wave. Uniquely, they can also create it.

Their actions change the landscape. In areas where bison graze, plants contain 50 to 90 percent more nutrients by the end of the summer. This not only provides extra nourishment for other grazers, but prolongs the growing season of the plants themselves. And by trimming back the plant cover in one year, bison allow more sunlight to fall on the next years greenery, accelerating its growth. When Geremias team looked at parts of Yellowstone where bison numbers have fluctuated, it found that the green wave grew in intensity and crested over a longer period as the herds grew larger. The bison engineer and intensify the spring. And astonishingly, they had a stronger influence on the timing of plant growth than weather and other environmental variables. Theyre equivalent to a force of nature.

That force would have been even more powerful in centuries past, when 30 to 60 million bison roamed North America. They would have been everywhere, says Matthew Kauffman of the University of Wyoming, who led the new study. The productivity of those grasslands would have been radically different because there are that many bison, trampling, eating, defecating, and urinating. These herds must have changed the path of the green wave, and inadvertently governed the fates of other animals that surf it, from deer to elk to bighorn sheep. What happened, then, when European colonizers virtually eliminated the bison? By 1900, fewer than 600 remained.

When we lose animals, we also lose everything those animals do. When insects decline, plants go unpollinated and predators go unfed. When birds disappear, pests go uncontrolled and seeds stay put. When herds of bighorn sheep and moose are shot, their generational knowledge disappears and migration routes go extinct, as Kauffman showed last year. And when bison are exterminated, springtime changes in ways that we still dont fully understand.

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What America Lost When It Lost the Bison - The Atlantic

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Get the job done to restore a historic rectory in Nottinghamshire has eventually got the go-ahead just after a 15-year hold out.

The Aged Rectory in Clifton Village is a Quality II listed constructing and previous care home. The setting up fell into disrepair soon after it bought at auction in 2004.

Inspite of some works, the website experienced been specific by vandals and as time went on inhabitants had been anxious restoration would hardly ever get started off.

But as of Monday, November 18, operate has started to renovate the rectory into 4 separate houses referred to as The Gatehouse, The Lodge, The Cottage and The Rectory, just about every with their have entrance and backyard garden.

3 new luxury homes will also be built inside of the grounds, referred to as Beech Dwelling, Cedar House and Oak Household, which will be accessed by a gated private travel.

At the time the property to the Rector of Clifton, the property dates back again to the mid-1700s and is a regular Georgian-design creating with south facing garden elevations.

The residence has the initial sq. stairwell with picket cantilever stairs and substantial objective-developed rooms. It has a prominent situation in Clifton Village.

Midlands contractor G F Tomlinson has taken on the construction of the plan, with operates thanks to finish in autumn 2020, together with CBP Architects and Haart Estate Brokers.

Speaking soon after the start celebration, Pat Rice, chairwoman of the Clifton Village Residents Affiliation said: Development has been delayed immediately after gurus wanted to assess the developing for bats. But authorization was granted final thirty day period and inhabitants are so relieved.

We have been watching it sitting there for many years as it deteriorated by way of vandalism.

To see it be neglected all these several years was genuinely coronary heart-rending as Georgian patterns are generally appealing.

It is really heading to be a wonderful transformation and the contractors have mentioned they are prepared to engage with the village to hold us updated.

It is been great for us to meet up with with councillors, our neighborhood MP, the architects, contractors and internet marketing groups so we can see the designs.

Were all incredibly amazed and it must be completed to a high regular by this time upcoming year.

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Long-awaited restoration work begins at Grade II mentioned rectory in Clifton Village - The Media Hq

Posted November 18, 2019 12:34:34

Towards the end of an exhausting multi-year project to restore four levels of the old Rechabite Hall in Northbridge, Marcus Canning made an ironic discovery.

"There was a bit of TV coverage and my mum was watching at home, and she texted me a photo of an Independent Order of Rechabites (IOR) certificate with my father's name on it," he said.

The IOR, a group that formed part of the temperance movement, built the hall in 1924, and it became one of the city's popular dance halls and also home to shops and public meetings.

Mr Canning's bid to revive it albeit with the addition of four bars (one on each level) went on without knowing there was family connection.

"[Dad] signed a pledge in 1935 when he was 17. It's an amazing certificate and it's quite nice that I've found out."

After World War II, the hall was used as a theatre and live music venue, but a fire went through in 1980 and it began to fall into disrepair, closing altogether in the early 2000s.

The restoration effort began in 2016 and aimed to keep as much of the original fabric of the building as possible, while adding modern facilities like a lift and restaurant kitchen.

Now renamed The Rechabite, it features a rooftop space complete with graffiti from the building's shuttered period and a basement dance club.

Even some fire-charred walls and stains from when the Rechabites allowed smoking in the hall have been left in place to help tell the building's 95-year story.

"We've very much left certain elements exposed so you can really read where some things start and where other things finish," Mr Canning said.

"That whole faux-heritage thing that sometimes happens, we've tried to avoid at all costs."

It's an approach to restoration that the Heritage Council, which funded some of the conservation work, applauded.

"That's really an important part of how we restore buildings now," council chair Anne Arnold said.

"In the old days, before heritage practice changed, everyone wanted to make everything brand new and fabulous and sometimes completely recreate it the way it was.

"Really, a building should be restored in a way that tells the story about how it progressed in its uses."

The Rechabite's centrepiece is its grand hall, designed by renowned architect Edwin Summerhayes (1868-1944) a few of his Perth buildings remain.

"It is the only temperance hall left within the Northbridge environment," Mr Canning said.

"There used to be about seven different temperance halls in this area, and this barrel-vault ceiling, which is a real feature, is one of the largest ones left in the Southern Hemisphere."

To preserve the pressed-tin ceiling, a new rooftop was installed above the original, while elevated seating floats on a kind of scaffolding without touching the walls.

"As people go up to the different levels, it's actually a really interesting way to start to read the heritage fabric right up close," Mr Canning said.

Other key elements, like the grand wooden staircase, required some alterations to meet modern safety standards.

"We had to put this new handrail in ... because to be compliant now, handrails need to be a little bit higher," Mr Canning said.

"People used to be a lot shorter, they are getting taller each year, and this is an interesting indication of that.

"The amazing tile work at the lobby entrance to the stairwell is also original, which I find amazing because it just looks so contemporary."

He said much of the heritage detail on display came as a surprise, because it had been covered by grime or additions made over the years.

"It was a wreck when you leave a building for 10 years with a window slightly ajar ..."

Asked if he had ever felt overwhelmed by the size of the task, Mr Canning said "it was like one continuous moment for last two years", but that seeing it completed was hugely rewarding.

"Everyone was very dedicated on this site and was really into the spirit of the development.

"For the builders and all the subbies working on it, it is so rare to be transforming an old heritage building like this, especially one that sits right in the heart of the city."

For the Heritage Council, it is an important addition to the historic streetscape of William Street.

"It's such an iconic building and William Street is a really important precinct," Ms Arnold said.

"It went into the register permanently in 2002, and one of the statements of significance is about the early beginning of the entertainment and arts function which is so important in Northbridge now.

"It's lovely that it is being used for social and entertainment use, which is what its original use was.

"I think it's kind of ironic that the Rechabites encouraged abstinence from alcohol and other intoxicating substances."

For Mr Canning, it was the culmination of years of work when The Rechabite reopened this month with a cabaret show.

"It's fantastic seeing people filling the space and starting to enjoy the mysterious magical labyrinth which is this venue," he said.

As the former artistic director of Perth's summer Fringe festival, he hopes the venue will offer a year-round fringe experience.

And did his father keep the Rechabite pledge never to drink?

"No, no certainly not from my memory he didn't," Mr Canning laughed.

Topics:architecture,arts-and-entertainment,design,history,community-and-society,human-interest,perth-6000,wa

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Perth temperance hall reopens, albeit with four bars, after extensive restoration - ABC News

Bengalurus infamous Bellandur and Varthur lakes have found perfect company in Doddanekundi lake yet another waterbody in Bengaluru plagued by concentrated sewage. The lake is polluted to such an extent that it has resulted in loss of species, as well as major degradation of water quality. The third largest lake in the eastern part of Bengaluru, Doddanekundi is now home to floating trash patches and unbearable stench. But unlike the other lakes that are choking in the city, the plight of this waterbody has remained largely under-reported. Its only a handful of residents and environmentalists, who are raising their concerns about this dying lake. Once a migratory birds paradise, the lake is now a cesspool Until 2016, the lake and its habitat used to be a visual treat for photographers and naturalists alike. Painted stork, pelicans, pied kingfisher, the globally threatened greater spotted eagle and many other migratory birds used to flock to the waterbody in large numbers from season to season, but their counts have dwindled over the years. The presence of birds indicated that the water quality in the lake was better and that there was plenty of fish in it. This was the scene until 2016. Then, slowly, the waterbody started getting polluted with sewage and other pollutants, says Praveen Tangirala, a resident of the area. Spread across an area of 137 acres, various species dwell in the lake and, hence, its restoration is crucial, say experts. A total of 145 species were spotted in and around the lake earlier. Out of these, 39 species were migrant varieties. Similar to the plight of many other lakes in Bengaluru, untreated sewage flowing into this waterbody has possibly resulted in depleting oxygen levels, which is affecting its fish population. One can barely see fish-eating birds like pied kingfisher, common kingfisher and spot-billed pelican around the lake anymore, while the numbers of Indian spot-billed duck and great cormorant have also decreased drastically (from over 50 in 2016-2017 to only 10-15 this year), says birdwatcher Ashwin Vishwanath.

Many blame the local authorities for its poor condition. The aftermath of the shoddy lake rejuvenation work done by the Bangalore Development Authority (BDA) in 2014 was visible only in 2017, in the form of groundwater degradation, says P Pramod, another local resident and secretary of the Nekkundi Tank Rejuvenation Association (NeTRA). About 2 MLD (million litres per day) of sewage has been flowing into the lake for the past two months, turning it into a cesspool, Pramod complains.

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Polluted Doddanekundi lake cries for restoration, but is anyone listening? - Times of India

Work to restore a historic rectory in Nottinghamshire has finally got the go-ahead after a 15-year wait.

The Old Rectory in Clifton Village is a Grade II listed building and former care home. The building fell into disrepair after it sold at auction in 2004.

Despite some works, the site had been targeted by vandals and as time went on residents were concerned restoration would never get started.

But as of Monday, November 18, work has begun to transform the rectory into four separate homes called The Gatehouse, The Lodge, The Cottage and The Rectory, each with their own entrance and garden.

Three new luxury homes will also be built within the grounds, called Beech House, Cedar House and Oak House, which will be accessed by a gated private drive.

Once the home to the Rector of Clifton, the property dates back to the mid-1700s and is a typical Georgian-style building with south facing garden elevations.

The property has the original square stairwell with wooden cantilever stairs and large purpose-built rooms. It has a prominent position in Clifton Village.

Midlands contractor G F Tomlinson has taken on the construction of the scheme, with works due to complete in autumn 2020, alongside CBP Architects and Haart Estate Agents.

Speaking after the launch event, Pat Rice, chairwoman of the Clifton Village Residents' Association said: "Progress has been delayed after experts needed to assess the building for bats. But permission was granted last month and residents are so relieved.

"We've been watching it sitting there for years as it deteriorated through vandalism.

"To see it be neglected all these years was truly heart-rending as Georgian designs are typically attractive.

"It's going to be a fantastic transformation and the contractors have said they are prepared to engage with the village to keep us updated.

"It's been good for us to meet with councillors, our local MP, the architects, contractors and marketing teams so we can see the plans.

"We're all very impressed and it should be finished to a high standard by this time next year."

Excerpt from:
Long-awaited restoration work begins at Grade II listed rectory in Clifton Village - Nottinghamshire Live

Oncologix Tech (OTCMKTS:OCLG) and Restoration Robotics (NASDAQ:HAIR) are both medical companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, earnings, valuation, analyst recommendations, institutional ownership and profitability.

Profitability

This table compares Oncologix Tech and Restoration Robotics net margins, return on equity and return on assets.

Analyst Ratings

This is a summary of recent recommendations for Oncologix Tech and Restoration Robotics, as provided by MarketBeat.com.

Restoration Robotics has a consensus price target of $2.62, suggesting a potential upside of 589.47%. Given Restoration Robotics higher probable upside, analysts plainly believe Restoration Robotics is more favorable than Oncologix Tech.

Valuation and Earnings

This table compares Oncologix Tech and Restoration Robotics revenue, earnings per share (EPS) and valuation.

Oncologix Tech has higher earnings, but lower revenue than Restoration Robotics.

Institutional & Insider Ownership

17.6% of Restoration Robotics shares are held by institutional investors. 39.9% of Oncologix Tech shares are held by insiders. Comparatively, 37.8% of Restoration Robotics shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Volatility & Risk

Oncologix Tech has a beta of 1.66, indicating that its stock price is 66% more volatile than the S&P 500. Comparatively, Restoration Robotics has a beta of 4.26, indicating that its stock price is 326% more volatile than the S&P 500.

Oncologix Tech Company Profile

Oncologix Tech, Inc., a diversified medical holding company, provides health care services in the United States. It offers personal home care services, including daily living assistance, companionship, and homemaker services, as well as Alzheimer's care, home care resource planning, and medical care coordination services. The company also manufactures, markets, and distributes medical technologies and products for skilled nursing facilities, acute and critical care facilities, assisted living facilities, hospitals and medical institutions, federal agencies, home medical care industry, respiratory and therapy- physical/occupational therapy centers. In addition, it distributes and sells home medical equipment for sleep and respiratory therapies; supplies and services durable medical equipment to treat obstructive Sleep Apnea; C-PAP and BiPAP oxygen equipment, a large selection of mask interfaces; and offers personalized treatment plans, as well as monitoring and support services. The company was formerly known as BestNet Communications Corp. and changed its name to Oncologix Tech, Inc. in January 2007. Oncologix Tech, Inc. was founded in 1995 and is based in Lafayette, Louisiana.

Restoration Robotics Company Profile

Restoration Robotics, Inc., a medical device company, develops and commercializes image-guided robotic systems in the United States and internationally. The company offers ARTAS System, a physician-assisted robotic system that identifies and dissects hair follicular units directly from the scalp and creates recipient implant sites. Its system includes the ARTAS Hair Studio application, an interactive three-dimensional patient consultation tool that enables a physician to create a simulated hair transplant model for use in patient consultations. The company was founded in 2002 and is headquartered in San Jose, California.

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Comparing Restoration Robotics (NASDAQ:HAIR) and Oncologix Tech (NASDAQ:OCLG) - TechNewsObserver

Eighty years after it was first built, Sir Owen Williams futuristic design remains ahead of its time

A vision of a bygone age but also a glimpse into the future - the Daily Express building remains one of Manchester's most iconic buildings.

First built in 1939, its facade of breathtaking curves, black glass and streamlined horizontal lines is often mistaken for a creation of the 21st century.

But this building has been around since before the Second World War and was originally home to printing presses.

The Daily Express ended production in Manchester in the late 1980s and ownership of the building exchanged several times.

Last year, real estate consultants OBI Property was given consent for a multi-million pound refurbishment of the 81,000 sq ft Grade II listed building on Great Ancoats Street.

The work is now complete and OBI invited the Manchester Evening News inside to take pictures of this stunning piece of architecture.

The six-storey building is set to be occupied by businesses from a wide range of sectors, including those in the creative, digital and tech scene.

Richard Lace, transactions and asset management at OBI, said: "Located in one of Manchesters most exciting districts, The Express Building is a Manchester landmark and were delighted the major restoration is now complete.

The intention was to create something timeless, that celebrates the art deco era of the original building design, using high quality materials throughout.

Read more:
A space age masterpiece brought back to life - renovation of iconic Daily Express building complete - Manchester Evening News

Lots for new-build single-family homes reached a new record high nationwide in 2018, with prices in the five New England states sitting at more than double the national median.

Nationally, the median sale price for a single-family lot for a spec home rose 4.4 percent last year, nearly double the rate of inflation, to $49,500, according to a new analysis of U.S. Census Bureau data by the National Association of Home Builders. The biggest increase were seen in the western half of the South, defined by the NAHB as Texas, Oklahoma, Arkansas and Louisiana. The association pointed to twin upward pressures of persistent lot shortages and significant and rising regulatory costs as the culprits as homebuilding shifts to more urban and dense areas that tend to have smaller lots, higher land values and more elaborate land use regulations.

The analysis found single-family spec homes built in New England are built on some of the most expensive lots in the nation. With a median sale price of $140,000 in 2018, New England is nearly twice the next-closest region, which includes California, Oregon, Washington, Alaska and Hawaii and had a median sale price of $87,000. The next-most expensive region was Pennsylvania, New York and New Jersey, which sat at $70,000.

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Price for New Home Lots in New England Over Twice the National Median - Banker & Tradesman