Open or Closed Storage in the Kitchen?

I recently signed the lease for a new apartment, and I'm thrilled that it has an enormous kitchen (by New York standards anyway). But for all the space it has, there is very little storage. It has too tiny cabinets over the sink, which will be for everyday dishes, and a cabinet that has the sink in it (not exactly sure what is going in there yet).

So, I'm going to have to figure out something to use as a pantry. I just can't choose between open and closed storage.

I could do something like the ...