This is always a hot button in residential design – what is the most ethical way to structure fees? Every business runs on a multiplier in which the cost of an item is multiplied to determine rate. But that alone doesn’t translate into a design fee. There is market demand to consider. And of course, [...]
In light of launching a new marketing campaign, it seems to be an appropriate time to discuss the business side of residential design and more specifically, ethics. A key factor in residential design ethics has to do with a basic assumption: the client deserves to get what they are paying for. Numerous issues in practice [...]
Spearhead & Lead Development: • We find the right property to purchase, renovate or build. • Create a Return On Investment prospectus – (A Palumbo Design increases the value of the property 10% according to the top agents.) • Provide FULL DEVELOPMENT and spearhead the project from start to finish. • Welcome and find spec [...]
Today Palumbo Design releases three position statements in regards to Best Business Practices. Palumbo Design promotes the value of design-build project delivery systems and provides the effective integration of design and project management services. Palumbo Design’s position statements on these issues include the following: Best Value Selection Palumbo Design recommends that the basis for evaluating [...]
Dear Clients, At Palumbo Design I take pride in ensuring every client’s satisfaction. I am are deeply troubled that there has been an online PR issue that has caused so much distress in regards to a misunderstanding with one previous client a long time ago in 30 years of dedicated service in my industry, and [...]
Los Angeles’s leading designer reinvests in luxury and opulence Furthering its position as the leading modern luxury residential designer in Los Angeles, Palumbo Design today unveiled details of its $25 million home redesign project. Scheduled for completion in late August, the project will completely redesign the Beverly Hills home and guest house, strengthening Palumbo’s position [...]
What is most striking about the evolution of Mike Palumbo, though, is not what a hard blow the housing crash dealt, but how creatively Palumbo rebounded. Recognizing two of his company’s key assets—an experienced, talented, flexible designer and close ties to architects with nationwide clientele—he began to accept projects he previously would have rejected as [...]
Palumbo Design’s capabilities are amply on display in a house designed by Michael Palumbo in Beverly Hills at 1201 Laurel Way, now under construction. Approaching the house on a sun-drenched California Spring day, Palumbo pulls his Land Rover around a line of a dozen tradesman’s trucks waiting to enter. Inside the neighborhood, one finds what [...]
Custom Design-Build designer Michael Palumbo remembers the first hard jolt that came in spring 2008, when two major projects disappeared within a month. “It was probably $35 million of work that went away,” Palumbo says. “For me that’s the equivalent of a whole year of work.” While other designers struggled to maintain a semblance of [...]
One of the hottest contemporary designers ever to come out of the celebrity laden “Bird Streets”, as they are known in the Hollywood Hills, is making a comeback and its starting with his new website (http://palumbodesign.com). “He was the surfer on the wave of modern design in Los Angeles, always riding the crest first when [...]
