Tour T.J. and Lauren Oshie’s Polished Virginia Manse

Tour T.J. and Lauren Oshie’s Polished Virginia Manse

The charmed residence that T.J. Oshie—forward for hockey’s Capitals in Washington, D.C.—has scored with spouse Lauren Oshie was destined to be photographed: The gorgeous duo has close to 500,000 Instagram followers between them. The home that the Oshies share with their three children (and two dogs) features fashionable choices that promise to influence, such as bronze fixtures and lush plants in cream-colored rooms. To realize this, the Oshies hired Marie Flanigan Interiors’ Marie Flanigan. T.J. says: “Lauren would always show me Marie’s Instagram and the things that she loved. I’m not extremely interested in home design and things like that, but she really did a fantastic job. It was a dream come true for Lauren to be able to design her home.”

The five-bedroom manse in McLean, Virginia, is traditional and French-influenced. The gardens contribute to the sense of romance, featuring climbing roses and hedges. In the back, multisectioned seating—perfect for entertaining T.J.’s NHL team and their families—has been created from teakwood chairs from RH. The Oshies have considered a putting green, but T.J. says, “It’s an ongoing debate, a work in progress.”

Inside, furnishings honor the home’s bones but with a careful eye to feeling fresh and modern. “The house is provincial, sort of French countryside,” says Flanigan. “But on the inside, we wanted to keep a modern aesthetic—almost organic modern.” (Lauren’s design references included the 1 Hotels brand.) The decorative scheme is largely monochrome, and texture has been introduced largely through the fabrics, which range from leathers to linens. “Doing an all-white interior is harder than one might think, because you need to add that depth and texture and layering,” notes Flanigan. “Velvet can show a saturated tone like no other fabric.” The collection of Oushak rugs throughout the house, all sourced in Houston, ground the rooms. So, too, do the linen curtains from Pindler.

From the beginning of the process, Lauren relied on Instagram for design inspiration. That was where she discovered Flanigan—and it was where she sourced the brand that designed the cabinets in the kitchen (O’Brien Harris, based in Chicago). “As you know, Instagram is such a great tool for interior design. I find a lot of my inspiration through Instagram,” Lauren says. “I knew that I wanted everything to be very neutral and light, and I love adding texture and layering texture to add interest rather than adding a lot of color.”

So, is there room for T.J.’s sports memorabilia in this polished home? The Oshies have chosen to house these items in the basement den, which is decorated with framed jerseys and a recliner from RH. “I really wanted a reclining chair, which was something that my grandparents always had,” says T.J. “I think Lauren did a great job of selecting one.” Reflecting on the overall project, Kelsey Grant—Marie Flanigan Interiors’ creative director, who managed this collaboration—says: “Above all, [the Oshies] wanted to create a relaxing environment that would be enjoyed comfortably with their friends, families, and teammates.” Goal!

 

via@ArchitecturalDidest

16/05/2020No comments
With Dubai Expo Postponed, Home Buyers to Benefit from Another Year of Price Declines

Home values, where overbuilding has caused a yearslong price slump, were already down 30% from their last peak in 2014

The pandemic and the resulting postponement of Dubai’s long-awaited World Expo, which was supposed to commence in October, ensures the city’s yearslong price slump will persist for at least another year.

“Last year, we said values would go down 7% to 10%” in 2020, said Haidar Tuaima, head of real estate research at appraisal firm ValuStrat. “Now 7% is very much on the optimistic side.”

The organization that oversees the world’s fair, the Paris-based Bureau International des Expositions, announced last week that its members passed an executive proposal to move Expo 2020 Dubai back a year. It will now run from Oct. 1, 2021 to March 31, 2022.

The decision comes amid the global Covid-19 pandemic, which has made large gatherings dangerous breeding grounds, devastated the travel and tourism industries and shuttered retail businesses—upon all of which the world expo depends.

Dubai has been planning for the mega event since it was chosen as the host city in 2014, beefing up infrastructure with an elaborate exhibition site, plus a multitude of new residential developments; more shopping centers and an expansion of its public transit system. Analysts expected it could bring in roughly 25 million visitors to the city, a boon for the local economy, including the real estate market.

It’s really too early to predict the extent of the economic fallout from the current crisis. Dubai went into total lockdown from mid-March through most of April, allowing residents to leave their homes only with an official permit, even to buy groceries.

Average sales prices in the city’s luxury communities are already down 20% to 30% from their last peak in 2014. But with the pandemic and now the postponement of Dubai’s heralded expo, market analysts broadly agree that home values, at the very least, will flatline in the coming year. Others, like Mr. Tuaima, say average sales price could fall by as much as 11% to 12% by the end of 2020.

Either way, the coming months present an opportunity for buyers with a long-term view—expats who’ve made a home there, local Emiratis, frequent visitors or investors seeking rental income; they stand to benefit from another year of discounts before Dubai Expo 2021 and diminishing supply potentially spur home values to rise again.

“We can very much say we’re at the bottom, or very close to it,” Mr. Tuaima said. After all, if even 2% to 3% of the millions of expo visitors in 2021 decide to open a business, move to the city or otherwise buy property, “that would be a huge amount of people and would play a huge role in absorbing supply.

 

via@MensionGlobal

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16/05/2020No comments,