New York's iconic Chrysler Building to sell for US$150m: Report

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NEW YORK: The owners of the Chrysler Building have reached a deal to sell the iconic New York City building for 'a little more than US$150 ...

NEW YORK: The owners of the Chrysler Building have reached a deal to sell the iconic New York City building for"a little more than US$150 million," The Wall Street Journal reported on Saturday

The Journal reported that the building's owners do not own the ground beneath it and pay annual rent that went up from US$7.75 million to US$32 million in 2018 and was set to increase again to US$41 million in 2028.

 

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