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The Chrysler Building/ Image credit: Wikimedia Commons The Chrysler Building/ Image credit: Wikimedia Commons

NEW YORK CITY—When the Chrysler Building at 405 Lexington Ave. was last sold in 2008, Tishman Speyer Properties maintained a 10% interest but sold a 90% share to the Abu Dhabi Investment Council for $800 million. But will the sellers now be able to command that same price tag or a higher one? They retained CBRE to put the Art Deco landmark up for sale, as first reported in the Wall Street Journal on Wednesday. The brokerage confirmed with GlobeSt.com the “on sale” status of the building.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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