Chrysler Building New York, Architect, NYC Art Deco Skyscraper Sale, Date, Tower Height, Address
Chrysler Building New York : Architecture
Famous Manhattan High Rise, 405 Lexington Avenue, Midtown, NY, USA – American Thirties Art Deco Tower
Jan 10, 2019
Chrysler Building Sale
The world-famous Chrysler Building on Lexington Avenue, built in 1930 to a design by Architect William Van Alen, is up for sale for the first time in over 20 years.
Location: 405 Lexington Avenue / 42nd Street – east of Grand Central Terminal
Chrysler Building in New York City on Sale
According to the Wall Street Journal, the Art Deco office tower’s current owners, Abu Dhabi Investment Council, which owns 90% of the property, and city developer Tishman Speyer, officially placed it on the market this week.
The sales price for this stainless steel-clad building’s value has yet to be announced, but the property is unlikely to attract more than its asking price prior to the recession.
Tishman Speyer bought the Chrysler Building in 1997, spending over $100 million in facility upgrades on the historic structure as well as two other buildings.
The Abu Dhabi government group (sovereign wealth fund) claimed a stake in the property in 2008 for $800 million. Since then, such foreign investment and supposed stability in the property have sparked interest from new tenants, such as Creative Arts Agency, LinkedIn, Expedia, and Shutterstock.
The Cooper Union School owns the land beneath this famous tower.
The sales broker is CBRE Group Inc. The area of this prime real estate totals 1.26 million square foot.
Jul 4, 2016
Chrysler Building New York City
Chrysler Building in New York City
New building images:
Address: 405 Lexington Avenue, Manhattan, NYC
Date built: 1930
Design: William Van Alen, Architect
This enigmatic New York skyscraper building is 318m high.
This Art Deco skyscraper is a world-famous symbol for New York and one of the most beautiful towers in the world.
The Chrysler was the tallest building globally on completion, taking over from the Eiffel Tower. It is steel-framed.
It obviously was also the tallest building in New York until the Empire State Building was completed the following year in 1931.
After the destruction of the WTC towers – New York World Trade Centre – it became the second-tallest building in New York City. It is level with The New York Times Building by Italian architects office Renzo Piano Building Workshop.
The Chrysler Building was refurbished 1995.
It is the tallest brick building in the world.
The skyscraper was ranked ninth on the List of America’s Favorite Architecture by the American Institute of Architects in 2007.
Address: 405 Lexington Ave, New York, NY 10174, United States
Phone: +1 212-682-3070
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