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AMERICANALMANAC (Alan Benson) - Hamptons car collectors spend big on luxury garages that double as private retreats

Wealthy car enthusiasts on Long Island's South Fork are pouring tens of thousands of dollars, and sometimes seven figures, into bespoke garages built less for parking than for living, entertaining, and showing off prized collections. Arthur Aidala, a New York trial attorney who started collecting cars when he bought a 1986 Alfa Romeo Spider for […] The post Hamptons car collectors spend big on luxury garages that double as private retreats appeared first on American Almanac .

Wealthy car enthusiasts on Long Island's South Fork are pouring tens of thousands of dollars, and sometimes seven figures, into bespoke garages built less for parking than for living, entertaining, and showing off prized collections. Arthur Aidala, a New York trial attorney who started collecting cars when he bought a 1986 Alfa Romeo Spider for just over $3,000 at age 25, now keeps a rotating stable of six vehicles in a 500-square-foot garage at his Quogue home. The other nine cars in his 15-vehicle collection sit in off-site storage. He estimates he has spent roughly $25,000 turning that modest garage into something closer to a private lounge, designer flooring, a flat-screen television, a refrigerator, and a cigar station, the New York…Open

NEWSNATIONNOW (Andrew Dorn) - Homes haven't been this unaffordable for young adults since the bubble

Homes cost 3.5 times young adults' median household income, near levels last seen during the mid-2000s housing bubble.

YOUTUBE (NewsNation) - Oldest Americans held more real estate value in 2025 than ever

For the first time on record, Americans 70 and older held more real estate wealth than ever at over $12.5 trillion in 2025 — up from less than $4 trillion in 2005. However, experts say new homeowners may make a comeback, as mortgage rates and home prices begin to slowly lower. #homeowners #mortgagerates #realestate NewsNation is your source for fact-based, unbiased news for all Americans. Find us online: https://www.newsnationnow.com/