One of New York City’s most recognizable buildings could soon have a new owner. The Chrysler Building is currently up for sale. The Abu Dhabi investment fund which currently owns the majority share of the Art Deco landmark has reportedly hired CBRE group to sell the property. According to the Wall Street Journal , which first broke the news of the sale, “Estimates for the property’s value vary widely,” but the Abu Dhabi Investment Council paid $800 million for a 90 percent stake in the property in 2008. That said, the paper cites a number of industry sources who […]
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