Manhattan's iconic Chrysler Building up for sale [View all]
Jan. 9 (UPI) -- Manhattan's iconic Chrysler Building is up for sale and the current owners have hired CBRE Group to market the property globally.
The skyscraper, at one point the world's tallest building, is currently owned by an Abu Dhabi government fund and New York developer Tishman Speyer.
The Wall Street Journal reported that the Abdu Dhabi Investment Council purchased a 90 percent stake in the property in 2008 for $800 million. But that came before the Great Recession, leaving some to wonder if they could get such an offer again for an office building finished in 1930.
"There might be a billionaire who comes along and says, 'I want to tell the world I own the Chrysler Building,'" Adelaide Polsinelli, vice chair of the commercial investment sales and leasing division at real-estate services firm Compass, said about the potential sale.
Read more: https://www.upi.com/Top_News/US/2019/01/09/Manhattans-iconic-Chrysler-Building-up-for-sale/1471547047509/
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