The S-shaped Embankment Building snakes along the bank of northern Suzhou Creek to pair up with its pointed sister building, the Fairmont Peace Hotel. From a bird’s-eye view, they form the initials of their former owner: V. S. for businessman, hotelier, and bon vivant Victor Sassoon. Within this historic building, CHAI Living offers 15 splendidly appointed residences from 430 to 2,000 square feet for a minimum three-night stay, right in the middle of the neighborhood’s lively activities.