[Source: Corcoran Group]

Or is that just a bunch of balony?  When Eugene Remm and Mark Birnbaum bought their new office space at the Chelsea Modern building, they opted for a below ground duplex space. They did not "choose" the Penthouse. The Intelligencer took a Pollyanna approach, stressing that the duo's choice was based on wanting to be close to the neighborhood and high resale value potential. It wasn't because the Penthouse was out of their budget (cough). Birnbaum goes so far as to say "You don't feel like you're sitting in the dungeon." But alas Mark, this doesn't change the fact that you are in a dungeon...