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Interest in Home Elevators Continues to Rise

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If you take a tour of a new housing development, you might be surprised to see home elevators. Plus, many older homes have been upgraded with the devices for all sorts of reasons. In fact, it’s fair to say that the ultimate American home elevator has finally arrived as a valued feature of new and old residential abodes.

As recently as two decades ago, elevators in private homes were a rarity. Today, they are far from that. In fact, you find them in both upscale and modest structures, in urban and suburban neighborhoods, in houses owned by single people and by large families. Some of the devices are newly installed, or add-ons to existing residences while others arrived in a newly built house in a fresh development. Why are so many homeowners opting to have access to a personal elevator? Here are some of the key factors driving the trend.

Safety

No one like to navigate through long staircases, rickety steps, or winding flights of stairs. Particularly for little children and the elderly, steps pose a supreme hazard. Just losing your footing for a split second can mean a serious injury or even worse. Elevators offer a way around the danger of steps. Older homeowners and couple who have very young children often want a way to eliminate the multiple problems that come with having to use stairs to move between floors. Anyone with a disability can attest to the value of having a safe, non-step option for moving about their home. Whether it’s a case of mile, semi-limited mobility or people who use wheelchairs as their main mode of transportation, stairs are often simply out of the question.

Home Value

You can do some research for yourself the next time you’re engaged in shopping or browsing for homes. Notice that the properties that include elevators often sell faster and for higher prices than those that don’t include this sleek, safe, and super-convenient mode of in-home transport. But for many folks who have been in the same location for a decade or more, adding an elevator makes good economic sense. When the day finally arrives that they choose to put their property on the market, they’ll be able to justify a higher asking price and can expect a quicker sale. With each passing year, there are more people over the age of 70 in the population, as a percentage and in raw numbers. That means demand for this kind of safe, stylish, value-adding transport will only continue to increase.

Style and Price

One of the advantages of adding an alternative to traditional staircases is that consumers have so many choices. Modern residential elevators come in dozens of sizes, shapes, configurations, styles, and designs. Some are one-person conveyances while others are built to accommodate multiple riders. Now that so many people are choosing to include these most modern forms of conveyance in their homes, prices are coming down. Elevators look great in any home, but can become the centerpiece of a room if that’s what the owner wants. They’re truly the utmost in modernity when it comes to the overall look and feel of a room.

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

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Lifestyle

Documentary Alert: Derik Fay – A Hidden Architect in Plain Sight

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Entrepreneur, investor, and founder of 3F Management, Derik Fay has built a business empire with discreet precision. Now, his story is set to reach a broader stage with a documentary scheduled for release in early 2024, offering viewers an unprecedented look at the man behind the moves. 

From Small‑Town Roots to Private Equity Power

Born November 19, 1978, in Westerly, Rhode Island, Fay’s trajectory defies conventional entrepreneur narratives. He began with limited resources but an expansive vision. After the success of his early fitness venture, he shifted to the private equity and operational model through 3F Management, quietly holding or controlling stakes in companies across fintech, media, health, construction and more.

The Documentary’s Focus: Strategy, Legacy, Quiet Influence

The upcoming film dives into Fay’s behind‑the‑scenes methodology. Rather than spotlight‑chasing, the narrative shows how Fay executes in boardrooms most never see, scales companies most never hear of, and converts digital authority into foundational power. It highlights how his Instagram following of over 1.4 million and billions of digital impressions are not the goal—they are the byproduct of systematic growth and influence.

Why This Story Matters Now

In an era of flash exits, viral entrepreneurs and boom‑and‑bust startups, Fay represents a different archetype: the silent architect building for endurance. The documentary frames his model as an antidote to hype—emphasizing infrastructure, sustainable growth and strategic compounding. Viewers will follow his journey from his earliest days in Rhode Island to boardroom negotiations, legacy exit strategies and personal transformation.

What You’ll Discover

  • The founding and expansion of his early fitness business, and how that created the blueprint for modern deal‑making.
  • The evolution of 3F Management and its broader holdings, showing how Fay’s operational involvement distinguishes him from traditional investors.
  • Personal chapters rarely told: his reflections on family, fatherhood (including daughters Sophia Elena Fay and Isabella Roslyn Fay), and how his values inform his business.
  • Digital influence redefined: how millions of followers and global content served not as showmanship, but as a platform for entrepreneurs, giving back and platform building.
  • A net worth estimate derived from exits, real‑estate holdings and equity positions—though Fay chooses discretion, analysts place his worth comfortably into the $100 million‑plus range, with some valuations exceeding $250 million.

Anticipated Release & Impact

According to early reports, the documentary is scheduled for release in the first quarter of 2024.  While the exact distribution vehicle is unconfirmed, the subject’s reach, story and timing suggest a high‑profile streaming launch is possible. For those tracking “Derik Fay documentary” or “Derik Fay Netflix,” this will be a key watch.

Final Word

The documentary isn’t merely about success. It’s about how success is built—behind closed doors, sometimes unseen, yet undeniably powerful. Derik Fay’s story reminds us that influence isn’t measured only in noise—it is often measured by the legacy quietly assembled.

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