WHAT WAS THE highlight of 2022 at your business? Winning Best of Show at the 2022 ASID Ruby Awards was very exciting. It was an honor to be recognized and supported by amazing industry partners and friends.
Successful people usually have many choices in what to do professionally. Why did you choose this? I discovered interior design purely by accident. Growing up on a farm in East Texas, I didn’t even know this was a profession. I took a beginning interior design class with a friend in college, and I fell in love with it. I believe I’ve been successful because I work hard, and I truly love what I do.
We’re fans of late educator Stephen Covey, who used to say that successful people “begin with the end in the mind.” At your business, what are you striving to accomplish? At this point in my career, I am working more as a mentor to my team. I want to leave my team and clients better off because they worked with me. Even though I’ll probably never 100 percent retire, I am slowing down and thinking more about what I want to leave behind. I feel so blessed with the success that I’ve experienced creating and building Eklektik Interiors, and I want to focus more on giving back to my industry and community.
Covey also spoke of having a “win-win strategy,” in which both the business owner and the customer win in the transaction. Can you describe your win-win strategy? When my clients are happy, I’m happy. It’s just that simple. I believe having a win-win strategy is being aware of the impact that you have and owning it. Every day that I get to get up and do what I love to do is a win. Figuring out different solutions, thinking outside the box, and finding inspiration in the process, is how I continue to find ways to make myself and others happier.
What’s special about your team? My team is eager to learn and tackle challenges. They love it just like I do! We all work together and individually to reflect Eklektik and our philosophy. We believe that the project isn’t about us; it is about our client and what they have asked us to do. I trust the fact that my employees know how to do just that. I love to see each designer flourish on their own and work together as a team for Eklektik’s success.
What’s new for 2023 that you’re excited about? We are very excited to announce our new location at 9434 Katy Freeway, Suite 200! Our studio in now dedicated 100 percent to interior design. We know that everyone is worried about inflation and being careful with their money. We are committed to working smarter as we give our clients the most bang for their buck. I’m excited to slow down and simplify my business and life and give my staff an opportunity to grow.
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WHEN IT OPENED a few months ago, The Woodlands outpost of acclaimed Katy restaurant Phat Eatery was billed as Alex Au-Yeung's dream restaurant. Unfortunately, Au-Yeung never got to see it come to fruition, as he passed away earlier this year. But the James Beared-nominated chef-owner certainly left his mark — and in honor of what would be his 53rd birthday, operating partners Kevin Lee and Marvin He have organized two pop-up tribute dinners.
On Sept. 24, at the original location in Katy, enjoy cocktails beginning at 5:30pm, followed by a seated five-course menu with plates prepared by Au-Yeung's chef pals, including Pearl & Vine's Ryan Halstead and Blood Bros BBQ's Quy Hoang. Hoang will be smoking a beef-rib version of Phat's beef rendang, which was his favorite of Au-Yeung's dishes. “We wanted to participate in this event because not only was Alex a longtime friend, but he was also someone that was constantly involved with the industry and community," says Hoang. "We've done several events with Alex, and it was an honor when we got the call to be involved with this event. It was a no-brainer for us.”
The next day, Sept. 25, The Woodlands location hosts a similar event, also beginning with cocktails at 5:30pm. This evening's menu touts dishes by Luis Lopez of Killen's Steakhouse and Jassi Bindra of Amrina.
Both evenings include a special lion-dance performance by Lee's Golden Dragon, and a portion of proceeds from the $80 ticket sales will benefit the Southern Smoke Foundation.
But in addition to celebrating Au-Yeung's legacy, the two-night event is also a chance for the Phat team to come together and raise a glass to all they've accomplished since his passing. “Managing two locations comes with its challenges, but what makes it all worthwhile is the opportunity to build something meaningful and lasting,” says managing partner Lee. “Seeing our team grow, witnessing the impact we have on our community and knowing that we’re creating spaces where people can come together and make memories — these are the things that drive us. The support and dedication of our staff and the loyalty of our patrons make every obstacle seem manageable. Their enthusiasm and commitment inspire Marvin and me to keep pushing forward.”
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Houston Named Most Affordable Big City for New College Grads — and ATX's Rank Will Shock You
Sep. 16, 2024
WHAT DOES IT mean to be "rent-burdened"? The phrase describes those who spend more than 30 percent of their income on housing, and it's become an increasingly relevant part of the larger conversation about the American economy in a post-Covid world.
But a new study shows that Houston, specifically, is actually the most affordable large metro in the United States for recent college graduates. The rent.com report analyzed what percent of income was needed to afford living "alone" (in a one-bedroom apartment) versus living with roommates in several cities across the U.S. Houston is one of only four places where recent college grads are not, on average, rent-burdened: They spend around 27 percent of their income on a one-bedroom apartment, the smallest share in the nation. According to the survey, the median rent in Houston ($1,142) is the lowest among the 33 markets analyzed, and the median salary ($60,277) is on par with the national median.
And for those recent college graduates seeking to live with roommates, Houston becomes even more affordable: The typical grad needs to spend only 17.2 percent of their income on rent when looking at splitting a two-bedroom apartment.
Nationally, these figures are much higher. The average college grad in the U.S. shells out around 38 percent of their income on rent to live alone, and the most expensive cities are New York (56.3 percent), Los Angeles (54.9 percent), Boston (54.8 percent) and Riverside (53.7 percent).
One of the "most interesting" metros in the dataset, according to the report, is Austin, which went from unaffordable (35.2 percent) to affordable (28.3 percent) between 2023 and 2024. It ranks as No. 3 in the current report, between Houston and No. 2 Detroit.
"This makes sense," reads the analysis, since "Austin was the poster child for booming metros during the pandemic, seeing a huge surge in migration from 2020 to mid-2022. This flood of new money and demand led to skyrocketing housing costs, large inflation increases, and a surge in new construction. However, once the sharp interest rate hikes and return-to-office mandates started in 2023, the city’s fortunes reversed, leading to price drops and population loss. Now, some property managers are having to compete for tenants."
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