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Luxury real estate is all about creating a good experience.

A New York designer says luxury property isn’t about how much money you spend, and it shows a major shift in priorities among the elite

In real estate, luxury is all about engaging the resident and creating an experience, says New York-based designer Andrew Kotchen.

There’s a key difference between wealth and status, and it comes down to who you’re showing your money off for

Wealth and status aren't the same because they have different levels of visibility — one is private, while the other is public.
People will pay up to $14,500 for the subtlety of a Bottega Veneta bag.

There’s a direct link between the cost of a luxury-goods product and the size of its logo, but it’s not what you expect

Rich people will shell out premium prices for products without logos because they carry subtle signals of wealth that can't be imitated by outsiders.
Tribeca has the richest zip code in Manhattan.

Forget the Upper East Side — Manhattan’s richest neighborhood is all about subtle wealth, and it shows a major evolution in how the elite ...

Tribeca is Manhattan's richest ZIP code, 10007. Home to Wall Streeters and celebrities, Tribeca has a more subtle wealth in New York City.
Spending money on exercise can make you happier.

Millennials are pouring money into gym memberships and boutique fitness classes. A financial expert says spending on fitness is a good money decision ...

Exercise can be a worthwhile investment because it boosts happiness in multiple ways, said Jean Chatzky, the financial editor of the "Today" show.