Lifestyle
Interest in Home Elevators Continues to Rise
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.
Lifestyle
The Countdown Begins: Derik Fay’s Wedding Day Approaches as the World Watches
With the clock ticking down, anticipation is mounting around the upcoming wedding of Derik Fay — the renowned entrepreneur, investor, and private equity titan who has quietly built empires while empowering others behind the scenes. Known for his strategic influence across more than 60 companies spanning fintech, real estate, wellness, media, and beyond, Fay is now preparing for what might be his most celebrated personal milestone yet: his wedding.
While details remain closely held, what’s clear is that this won’t be just another wedding. It’s the union of a man who has built his life and legacy through discipline, loyalty, and integrity — principles that now extend into his private life.
From boardrooms to bridal prep, Fay’s inner circle has watched him remain laser-focused, not only orchestrating billion-dollar business movements, but also thoughtfully curating every detail of this upcoming event. It’s a reflection of the same care and precision he brings to the companies he helps scale from obscurity to success.
As one close friend noted, “Most people just plan a wedding. Derik builds an experience. Just like he does with everything else — it’s meaningful, intentional, and completely unforgettable.”
And yet, amidst the glamour, it’s the emotion that resonates most. Friends, colleagues, and family alike have spoken of the joy radiating from Fay — a rare vulnerability for someone known for steely boardroom composure. It’s proof that even moguls with multi-million-dollar valuations and empires to manage are grounded by love, family, and human connection.
For someone who has helped countless founders achieve their dreams quietly in the background — often funding, guiding, and building their visions without ever taking credit — this moment in the spotlight feels well-deserved.
So as the final days approach, the world may be watching with curiosity, but those who know Derik Fay understand this is not the peak of a journey — it’s another step in a life built on authenticity, ambition, and unwavering commitment to both growth and heart.
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