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Abu Dhabi to Buy Chrysler Building

Sovereign wealth fund offers $800M for NYC landmark

By Dustin Lushing,  Newser Staff

Posted Jun 11, 2008 10:02 AM CDT

(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.   Read full story »

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