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October 6, 2008 10:12:07 AM CDT



Abu Dhabi to Buy Chrysler Building

Posted Jun 11, 08 10:02 AM CDT in Business US 

(Newser) – The Chrysler Building—a jewel of the New York City skyline since 1930—is poised to be sold to the Abu Dhabi Investment Council, reports the New York Post. The nation's oil-rich sovereign wealth fund is offering $800M for a 75% stake in the skyscraper.

Source New York Post

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A partially eclipsed moon is seen near the Chrysler Building in New York, on Wednesday, Feb. 20, 2008.   (AP Photo/Seth Wenig)
The Chrysler Building is shown in this file photo of Friday, May 27, 2005, in New York.   (AP Photo/Adam Rountree, File)
The Chrysler Building is shown in this file photo of Friday, May 27, 2005, in New York.   (AP Photo/Adam Rountree, File)
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