Almost as quickly as large tenants move out of desirable addresses, the space is subdivided and split among several tenants.
As Buffalo's wealth and population grew in the 19th century, Niagara Square became a desirable residential address.
It is one of the most desirable residential addresses in London.
The streets around it became the city's newest desirable address, with their wealthy residents building houses larger than the rowhouses they had previously called home.
But by the 1930's Seventh Avenue was no longer a desirable address and there were only six residential telephone listings in the building in 1936.
Prior to that time, Prairie Avenue had been the most desirable address in Chicago.
The 1980s and 1990s saw extensive neighborhood rehabilitation, and Woodruff Place is now considered a highly desirable historic inner-city address.
In many cases, this is a desirable address, perhaps on Park Avenue in New York.
"It's a desirable address," Mayor Don Briggs said with a laugh.
When the El came down soon after, it was transformed into a desirable address.