The rise of the uber-luxurious office
How the top end of the market is defying the gloom
It is lunchtime at One Vanderbilt, a new office tower which juts out of midtown Manhattan. The building’s vast basement kitchen hums, as harried staff in chef’s whites leap in and out of swing doors. Upstairs, gourmet salads and soup are served in a lounge overlooking Grand Central Station; a sit-down restaurant offers foie gras, grilled scallops and other dishes from Daniel Boulud, a celebrity chef. There is not a soggy, al-desko sandwich in sight.
This article appeared in the Finance & economics section of the print edition under the headline “The view from the top”
Finance & economics January 21st 2023
- Why health-care services are in chaos everywhere
- China’s re-globalisation paradox
- Venture capital’s $300bn question
- Japan’s extraordinarily expensive defence of its monetary policy
- Investment banks are struggling in a high-interest-rate world
- The rise of the uber-luxurious office
- Could Europe end up with a worse inflation problem than America?
From the January 21st 2023 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Finance & economics
China meets its official growth target. Not everyone is convinced
For one thing, 2024 saw the second-weakest rise in nominal GDP since the 1970s
Ethiopia gets a stockmarket. Now it just needs some firms to list
The country is no longer the most populous without a bourse
Are big cities overrated?
New economic research suggests so
Why catastrophe bonds are failing to cover disaster damage
The innovative form of insurance is reaching its limits
“The Traitors”, a reality TV show, offers a useful economics lesson
It is a finite, sequential, incomplete information game
Will Donald Trump unleash Wall Street?
Bankers have plenty of reason to be hopeful