NYC's Chrysler Building To Sell At Massive Discount
Zero Hedge -

Signa Holding, Austria’s largest privately owned real estate company, has reached an agreement to purchase the iconic Chrysler Building in New York City in partnership with property firm RFR Holding for about $150 million, according to Reuters.

The price is at a steep discount compared to the $800 million the Abu Dhabi Investment Council paid for a 90% stake in the building right before the 2008 financial crisis. Shortly after the investment arm of the Government of Abu Dhabi bought the...

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