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Chrysler Building Sold

RFR Holding and Austrian company Signa Holding GmbH are buying the property for approximately $150 million.

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

NEW YORK CITY—Tishman Speyer Properties and the Abu Dhabi Investment Council have sold the Chrysler Building for approximately $150 million, according to multiple news sources. (The Real Deal and CNN have noted the Abu Dhabi fund is now a division of Mubadala,)

Reuters reported the buyers are Signa Holding GmbH, Austria’s largest privately owned real estate company, and RFR Holding, the New York-based firm founded by Aby Rosen and Michael Fuchs. The Real Deal had first reported on RFR’s negotiations and role in the transaction.

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Betsy Kim

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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