More upscale homeowners are building spaces for their teenagers, including lounges, hangout spots, sleepover areas, and study spaces. In Manhattan, for instance, Pollack + Partners renovated a townhouse to include a $750,000 teen suite spanning 1,000 square feet and featuring ping-pong and billiards tables, a recording studio, a kitchen, and a theater. Arlington, Mass.-based psychologist Michael Thompson attributes the trend to parents spending more time with their children, calling them “an extraordinarily loving and conscientious generation of parents.” Some parents say dedicated spaces encourage teens to spend more time at home and also help maintain peace and tranquility for the adults. The designs can be imaginative and whimsical, but experts stress that they should be made easy to convert back to adult spaces to facilitate a sale down the road. It can be difficult to market properties with spaces specific to a particular family; but if done correctly, experts say these areas can double as in-law suites. | Read More