Austria’s Signa, RFR Holding buy New York’s Chrysler Building

Written by on March 15, 2019

FILE PHOTO: New York City's iconic Chrysler Building is seen in Manhattan
FILE PHOTO: New York City’s iconic Chrysler Building that was opened in 1930 on East 42nd Street is seen in Manhattan, New York, U.S., January 9, 2019. REUTERS/Mike Segar/File Photo

March 15, 2019

BERLIN (Reuters) – 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.

Signa and RFR entered into a joint venture to acquire the asset from Abu Dhabi Investment Council and Tishman Speyer, Signa added.

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.

(Reporting by Thomas Seythal; Editing by Tassilo Hummel)

Source: OANN

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