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Grant and Bauman started to advertise St. John's Terminal as a cheap office location in the 1980s. The cheap office space attracted tenants such as Bloomberg L.P. [22] By 1991, Merrill Lynch occupied 700,000 square feet (65,000 m 2) in St. John's Terminal and was negotiating to occupy another 300,000 square feet (28,000 m 2) of space.
The ultra-luxury building boom in the area predates the term "Billionaires' Row". Deutsche Bank Center, built in 2003, is at the southwest corner of Central Park. A majority of its tenants bought their condos anonymously (through shell companies and trusts); at least 17 of these have been identified as billionaires.
A luxury apartment is a type of apartment that is intended to provide its occupant with higher-than-average levels of comfort, quality and convenience. While the term is often used to describe high-end regular apartments, or even typical apartments as a form of aspirational marketing, a true luxury apartment is one that is variously defined as being in the top 10% of transactions on the market ...
Vaitkevicius mentioned two homes his company developed in Toluca Lake, a small neighborhood in the city, seemingly low-key. Both homes were sold for almost $5 million; both had cushy basements.
The Action Office is a series of furniture designed by Robert Propst, and manufactured and marketed by Herman Miller.First introduced in 1964 as the Action Office I product line, then superseded by the Action Office II series, it is an influential design in the history of "contract furniture" (office furniture).
Office furniture companies quickly developed panel-hung systems and other types of systems furniture which sought to provide some of the advantages of office landscape, but with slightly greater privacy, density, and storage capacity. Initially, the layouts typical of these systems imitated the irregular, organic forms of office landscape.
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