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November 29, 2006

The Next AOL?

Chris Palmeri

America Online founder Steve Case seemed to have put himself out to pasture not long after engineering his company鈥檚 disastrous merger with Time Warner. steve_case.jpg
But the 48 year entrepreneur has been making a comeback of late with a string of new investments in the health and travel arena. His latest: Miraval Living, a Manhattan condo project modeled after his Miraval Life in Balance spa in Tucson, Arizona. Case hopes to help and encourage residents of the 40-story Upper East Side building "to live with more balance and vitality in their lives.鈥

He鈥檒l do this, according to a press release, through amenities such as a Miraval Advisor, who鈥檒l help residents create a customized program from the over 100 programs and classes, everything from rock climbing to children鈥檚 painting. The facilities will include an almost 20,000 square foot garden, spa and fitness center, as well as a caf茅 with vegetarian and organic food. The air and water will be cleaned with eco-friendly air filters, paints will emit the absolute minimum amount of volatile compounds and there will be a chlorine-free swimming pool. All this bliss won鈥檛 come cheap, as much as $3 million for a three-bedroom residence. It鈥檚 all part of trend some have dubbed, 鈥渟padominiums.鈥 Leave it to Case to get in early on a trend.

07:47 PM


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