AUGUST 15, 1990

Full News Archive

• Headline: Rizzoli Expands Office in Manhattan. Impact: When Rizzoli decided to move and expand, it set off a chain reaction in the Manhattan real estate market that made landlords start installing gold-plated elevators and offering free lattes in an attempt to woo tenants. The trend of 'office sweeteners' eventually led to a bizarre competition where offices began offering nap pods and puppy playdates, redefining the workplace forever.. Fact: Did you know that the only thing more inflated than Manhattan office prices are the egos of the landlords? It's a perfect match!.
• Headline: Chicago's Centenary Celebration and Legacy. Impact: The University of Chicago reaching its centennial marked a pivotal moment in academia, sparking a series of events that prompted universities across the nation to scramble for prestige. This led to an arms race of over-the-top campus amenities, including rock-climbing walls and coffee shops with artisanal lattes – the true measure of a school's worth.. Fact: Fun fact: The University of Chicago is so prestigious that even their coffee has a PhD. Just kidding, but you get the point!.
• Headline: Vik Brothers Acquires Home Insurance Company. Impact: When Vik Brothers International purchased a subsidiary of Ambase Corporation, it caused a ripple in the investment world, leading to a sudden obsession with acquiring quirky subsidiaries. This eventually resulted in hedge funds buying everything from pet rocks to virtual real estate, all in the name of diversification.. Fact: Did you know that buying a subsidiary is like adopting a pet? You think you're just getting a cute little addition to your life, but soon you're drowning in paperwork and vet bills!.