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A famous New York City skyscraper might be up for sale. Buzz60’s Mercer Morrison has the story.
Buzz60

One of New York’s most recognizable skyscrapers is reportedly selling for a song

RFR Holding LLC, a New York real estate firm led by Aby Rosen, and the Austrian real estate firm Signa Holding GmbH is buying the Chrysler Building for $ 150 million, according to reports from Reuters, The Wall Street Journal and The Real Deal, citing unnamed sources knowledgeable of the deal. Dhabi Investment Council – paid in 2008 for a 90-percent stake in the art-deco tower. Commercial property values ​​in New York plummeted soon after the financial crisis struck

The owners put the building on the market in January

epa07271833 A view of the Chrysler Building in New York, New York, USA, January 9, 2019. The building which was originally built in 1930 and has been owned by Abu Dhabi-based investment fund Mubadala and the real estate firm Tishman Speyer since 2008, is reportedly being put up for sale. EPA-EFE / JUSTIN LANE (Photo: Justin Lane / EPA-EFE)