Fantastic Fig Paul Fegen- Real estate to Magician
Channel: Seth Grabel Magic
Date: 2021-05-27

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Do you know Paul Fegen? Fig and I were both on "America's Got Talent" he is a great mind-reading card trick magician. If you did anything with Real Estate in Los Angeles area, you might have known him as Paul Fegen, the man who created Fegen suites and had fantastic parties! Fegen Suites was the original WeWork concept. 
Check out the video I made for Paul. He is a fantastic friend person and great friend.  https://youtu.be/UWQxyjVm1Uc 

Fig and Newton
Paul F. Fegen (aka Fantastic Fig) is a native of Los Angeles who attended Los Angeles High School, UCLA as an undergraduate, and USC Law School.  He worked his way through school as a dance instructor, a clown, and a juggler.  In June 1961, he was admitted to the bar and was a very successful attorney and real estate executive (founder of “Fegen Suites”) leasing more office space (7.5 million square feet) than anyone in the United States before becoming a full-time professional magician.

Fantastic Fig, is one of the world’s best close-up mind-reading magicians around. He has performed magic at a number of high profile events, with guests including President Jimmy Carter, First Lady Nancy Reagan, Mayor Antonio Villaraigosa, actors Demi Moore, Tom Arnold and Hugh Hefner at the Playboy Mansion. He has also performed magic on TV Shows, such as Real Housewives of Beverly Hills, Kathy Griffin Show and was the hit of the night when he appeared on “America’s Got Talent.” Fantastic Fig always wows his audience with his amazing skills and his delightful wit and charm.

Besides being the BEST of the best close-up magicians, Fig often works with his trained rescue cat, Newton, who sits on his shoulder as Fig performs magic, often “telling” him where a playing card is hidden. On verbal command, Newton jumps from his shoulder into a briefcase, rollingover either to the left or right, and can walk on his hind legs.  


Fegen Suites
 On August 1, 1966, Paul Fegen opened his first law suite for attorneys, investing only $200 for the furniture. He developed his business by leasing large blocks of office space (usually entire floors) and "building out" the raw space into beautifully decorated professional suites. He included reception services, telephone answering, photocopy machine, conference room and law library. His tenants have primarily been lawyers, but the fine the amenities of his suites attract other dignified professionals. His name has become synonymous with law suites with most attorneys referring to them as "Fegen Suites" because they were conceived by Paul Fegen (but they are also called professional suites and executive suites). On July 1, 1970, Mr. Fegen incorporated his law suite business as Attorneys Office Management, Inc. (AOMI). 

Over the years AOMI grew to 220 locations in 26 states with thousands of tenants and hundreds of employees, making it the largest subleasing company in the world. In 1982 there was a severe depression of the rental market, leaving space unoccupied all over the country. Consequently, beautiful new office buildings in which he had rented space in Houston and Las Vegas stood virtually empty and went into foreclosure. Because of the crashing real estate market, AOMI had difficulty renting out its space as well, and expenses exceeded income. So, AOMI reorganized and was sold a few years later.

After the sale, Mr. Fegen's contributions were acknowledged when he was hired by the buyer as Chairman of their advisory committee and was paid a temporary licensing fee for the use of his name and the trademark, "Fegen Suites."

Paul now runs a virtual office in his Beverly Hills Penthouse Suite.

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