New York – Austrian real estate company Signa Holding and New York-based real estate developer RFR Holding LLC have acquired Manhattan’s iconic Chrysler Building, Signa said https://bit.ly/2F2xeJG on Friday.
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Signa and RFR entered into a joint venture to acquire the asset from Abu Dhabi Investment Council and Tishman Speyer, Signa added.
Aby Rosen, Co-Founder of RFR, stated, “The Chrysler Building is a unique, globally-recognized property, and we are proud to be joint owners. Jointly, we aim to hold the asset with a long-term perspective and look towards evolving the building for a new era, further enhancing its iconic status.”
Reuters earlier in March reported that Signa and RFR would buy the art-deco tower, which was the world’s tallest building when completed in 1930, for about $150 million.
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