The Chrysler Building, the iconic art deco skyscraper in New York, is up for sale.
For sale: New York City’s second most famous skyscraper
The 77-story stainless steel-clad skyscraper, briefly the world’s tallest building after it was finished in 1930, is 90% owned by the Abu Dhabi Investment Council, a sovereign wealth fund, with developer Tishman Speyer owning the remainder. […]
The 1.26m sq ft building underwent a $100m renovation after Tishman acquired the property in 1997. Tishman later reduced its holding. The sovereign wealth fund paid $800m when it bought its stake in 2008.
$800,000,000 in 2008? Who knows what they’re asking for now. It’s an amazing building, though.
Chrysler Building put up for sale
When the building was completed in 1930, it was the tallest building in the world, a title it held for about a year until the Empire State Building opened less than a mile away in midtown Manhattan. Today it is only the sixth tallest building in the city, and will drop down another notch later this year when a new office tower opens on the city’s west side. But it is still one of the city’s most recognizable buildings. It is famous for its triangle-shaped, vaulted windows worked into the stylized crown, along with its distinctive eagle gargoyles near the top.
Chrysler building, the art deco masterpiece
A look at the famous building currently on sale.
The Guardian have also gathered together some wonderful images showing the development of New York from the turn of the century onwards.
Rising high: the evolving skyline of New York City
Manhattan’s skyline is the most famous in the world. Its horizon has been interrupted by verticals from the first 10-storey office buildings in the late 1800s, and will only continue to rise higher.