Is An Apartment that Helps You Live Longer and Healthier Worth $50 Million?

In 2008 as a newly minted partner at Goldman Sachs, Paul Scialla kept coming across the word sustainability when reading about real estate. “It was overused and primarily focused on environmental health and not occupant health,” he says. Realizing he could combine the muiti-trillion dollar real estate market with the fast-growing health and wellness industry, he gathered architects and doctors to research how preventative health features could be employed indoors. The team, under the name Delos, came up with such ideas as supportive flooring to ease impact on hips, knees and joints, circadian lighting to improve sleep and antimicrobial coatings for high-bacteria areas like kitchen counters and door handles.

Scialla volunteered himself – and his apartment – as the company’s first guinea pig. Three years after the various technologies were installed, he says he has seen “staggering differences” in his sleep patterns and energy levels, and the colds he used to get four times a year seem to have gone into hibernation. One of his favorite features is a blue fluorescent light in the bathroom; it helps strip the body of melatonin, which is produced during deep sleep, and boosts production of cortisol.

As interest grew, Scialla left Goldman to focus on Delos, which counts Leonardo DiCaprio and Deepak Chopra among its advisers. Four apartments are on the market – Chopra bought the fifth- priced from $14.5 million to $50 million for the duplex penthouse. Delos can also install features in existing homes, and the company plans to work with hotels, offices, hospitals and planes.



Posted on May 1, 2014 at 5:55 pm
MJ Steen | Category: Uncategorized | Tagged , , , , , , ,

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