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SUNDAY, NOVEMBER 22, 2009
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Abu Dhabi to Buy Chrysler Building

Sovereign wealth fund offers $800M for NYC landmark

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(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.

A partially eclipsed moon is seen near the Chrysler Building in New York, on Wednesday, Feb. 20, 2008.
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.
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.
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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Information and photos of the Chrysler Building
Chrysler Building


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New York real estate • New York City • Abu Dhabi • skyscraper • Chrysler Building • Abu Dhabi Investment Council • skyline

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