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Stock impact report

Going Up! 10 Of The World’s Most Desirable Penthouses [Forbes]

LVMH-MOET H/L/V UNSP/ADR (LVMUY) 
NASDAQ:AMEX Investor Relations: lvmh.com/investors
Company Research Source: Forbes
P enthouses. The cherries (literally) on top of a high-rise or skyscraper. Coveted city-center addresses. Private elevators. Incredible views. Much of what we now take for granted is thanks to New York architect Rosario Candela, who can be credited for seeing into the future back in the 1920s—a time when residential penthouses were simply drafty rooftop spaces where the servants lived. Candela appreciated that Wall Street's skyscrapers were a statement of big city business, so why wouldn't we live in the skies as well? Candela set the template for today's penthouse, complete with sprawling living spaces, wrap-around terraces for ultimate outdoor viewing and entertaining, high ceilings and plenty of privacy within a shared building. Fictional (and often fabulous) characters in film and television have chosen the luxe of penthouse living for decades. In the 1958 film Auntie Mame, the titular character drastically changed her Beekman Place penthouse decor six times, and designer J Show less Read more
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