The Hottest New Status Symbol For Corporate Climbers: A $7,000 Chair

For a certain type of newly rich, young American man, the Herman Miller Eames lounge chair and ottoman is the pinnacle of status.iStock; Rebecca Zisser/BIThe first time I heard about The Chair was from a tech guy at an LCD Soundsystem show in New York City's Queens borough. A coworker had told him about it earlier in the week, and fueled by some espresso martinis, he'd ordered the chair for himself that same night for a cool $7,000.

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