With its gleaming hubcaps, bumper panels, eagles and bonnet ornaments, the Chrysler Building tells a story unlike many of its larger rivals on the Manhattan skyline. The building and its tale is now up for grabs — with the caveat that the upkeep costs are rather high.
The owners of the 1930s skyscraper have hired CBRE Group to market the property, with a price tag expected to be a little below $1 billion.
The 77-storey art deco tower is 90 per cent owned by an Abu Dhabi sovereign wealth fund and the remainder by Tishman Speyer, a US property investor.
