Friday, November 22

Tag: Tishman Speyer

New York Second Most Famous Skyscraper Chrysler Building is up for sale
USA

New York Second Most Famous Skyscraper Chrysler Building is up for sale

New York iconic and second most famous Skyscraper Chrysler Building that featured in movies like Spider-Man, Men In Black 3 is up for sale. The minority owner and a broker company stacom hired to sell the property informed media. The 77-story skyscraper, briefly the world’s tallest building after it was finished in 1930, is 90% owned by the Abu Dhabi sovereign wealth fund, with developer Tishman Speyer owning the rest 10%. Now it is the 8th tallest building in the city at 318.9 metres. The Chrysler Building was constructed by Walter Chrysler, head of Chrysler Corporation. It was the home of the American automaker until 1953. The 1.26m sq ft building underwent a $100m renovation after Tishman acquired the property in 1997. Tishman later reduced its holding. The sovereign...