Iceberg Lounge

The Iceberg Lounge is the bass operations for the Penguin.

Post-Earthquake
The Cobblepot family spent a lot of money on their landmarks which made the Iceberg Lounge a pretty heavy armored building. It's mentioned there are more Iceberg Lounges outside Gotham City.

No Man's Land
The earthquake didn't effect the building as Penguin and his henchmen stayed inside and cleaned it. Due to this, Oswald had connection to the outside world which made him wealthy. Later, Penguin opened the Lounge as a large store which gave him a bigger reputation.

Areas
There are a lot of rooms in the building, those include:


 * Lobby: The main area where the Penguin runs his store and sits on his chair. This area also has a pool with sea animals and penguins.
 * Office: The main office where Penguin operates and puts his umbrellas in.
 * Hotel rooms: Above the lobby, there are hotel rooms and between them is a space where people can look above.
 * Shops: An umbrella and a clothing shop is located in the Lounge. There are more shops.
 * Underground rooms: Not much is known about those only that they're used to hide.
 * Backroom: An employee room(s).
 * Armory: Nothing is known about this room.
 * Bathrooms.

Trivia

 * One of Penguin's brothers is mentioned to own a Lounge in New York City.
 * It's unknown how Oswald sleeps in the lounge. He might have a bedroom all for himself.