Hot on the real estate market: your very own love shack.
Kate Pierson, a founding member of the B-52s, is selling her 6.5-acre wooded compound in the Catskills Mountains near Woodstock, N.Y. The property has been operated as a funky, one-of-a-kind roadside motel, Kate’s Lazy Meadow, since about 2004.
Although buyers could keep running it as a 10-unit motel, Pierson and her wife, Monica Coleman, had been in it more for the fun than the material gain.
“We’ve turned a profit, but let’s just say it’s a modest profit,” Pierson says.
Both have other obligations: They also own two other getaways, Kate’s Lazy Desert in Landers, Calif., and Kate’s Lazy Cabin in Lake Hill, N.Y.—so they’re not selling the name or brand. Coleman is a ceramic artist, and Pierson still actively performs.
“We thought, this is a time to pass the torch to someone who can really use its full potential,” Pierson says, which she believes is as a family compound. “Everyone can have their own space and make their own coffee in the morning, but it’s a place where everyone can gather.”
Listed at $2.2 million, the 13-bedroom, 11-bathroom property comes fully furnished and is a retro ’50s fantasia.
Rooms are filled with midcentury-modern décor. “Some of it’s high, some is low, some of it is kitschy, some is Charles and Ray Eames,” she says. “And some of it is macramé owls.”
There are also VHS tapes in every room with “cabin in the woods horror movies,” and “each room is so carefully curated, it’s just so sort of perfect,” Pierson says.
“I just shopped ’til I dropped. It was so much fun.”
In Other Real Estate News
Drink Smarter This Summer
Canned self-improvement now comes in all kinds of flavors.
According to Olipop, a line of sodas imbued with prebiotics—or dietary fiber that helps gut health—“functional” sodas are “the fastest-growing segment across all beverages, having grown 360% last year,” a year in which traditional versions reported just 9% growth.
Here are five ingredients that blur the line between sugary soda refreshment and health-and-wellness.
The Ingredient: Collagen
The Promise: Hydration, more elastic skin, stronger hair and nails
The Ingredient: Reishi mushrooms
The promise: Boost energy and immunity
The Ingredient: Probiotics
The Promise: Gut health
The Ingredient: Prebiotics
The Promise: Gut health and fiber
The Ingredient: Nootropics and adaptogens
The Promise: Better mood and attitude
Also in Bloomberg Pursuits this week
An array of news items for your amusement and edification.
Dinner, By Tesla?
Flamethrowers, tequila, and now, a diner?
Tesla has filed applications with the U.S. Patent and Trademark Office to use its “T” logo design and two other iterations of its “Tesla” stylized logo for use in the food industry. All three applications are for “restaurant services, pop-up restaurant services, self-service restaurant services, take-out restaurant services.”
Elon Musk, chief executive officer of Tesla Inc., and sometime Saturday Night Live host, has talked about opening a diner in southern California for years.
In 2018, he tweeted about planning to put an “old-school drive-in, roller skates & rock restaurant at one of the new Tesla Supercharger locations in LA” shortly after J.B. Straubel, Tesla’s chief technology officer, told attendees at a restaurant convention that Tesla has “already been working with restaurants” on the concept for convenience stores and food centers at its charging stations.
Trademarks are generally set forth for brands planning to start a franchise or go national. It’s a move that indicates plans for big growth, says Steven Kamali, a hospitality investor.
And if you read just one thing…
Step Inside the Natural History Museum’s Renovated Hall of Gems
A 563-carat sapphire, a 100-carat ruby, and a 12,000-pound amethyst geode are just a few of the treasures on display at the New York institution.