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THURSDAY, NOVEMBER 26, 2009
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PREMIUM NEWS ARCHIVE

United States: Abu Dhabi Fund Acquires New York City's Chrysler Building for USD800 million.

Article from: TendersInfo Article date: July 14, 2008

Byline: shiv03

A fund controlled by Abu Dhabi has acquired the Chrysler building, an Art Deco icon of the New York City skyline, for USD800 million. The Abu Dhabi fund purchased a 90 percent stake of the building, but the property will still be controlled by Tishman Speyer Properties.

The Chrysler Building was designed by architect William Van Alen to house the Chrysler Corporation.

Van Alen's original design for the skyscraper called for a decorative jewel-like glass crown. It also featured a base in which the ...

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 Abu Dhabi
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