An Art Deco masterpiece that has defined the Manhattan skyline for nearly 90 years is going up for sale in 2019. Currently co-owned by the Abu Dhabi Investment Council and New York property developer, Tishman Speyer, the Chrysler Building is expected to sell for as much as one billion dollars.
The Chrysler Building is the eighth tallest building in New York City standing at 77 floors. At the date of its completion in 1930, this structure was the tallest building in the world with a height of 1,046- feet, including the 197-foot spire. This claim to fame was short lived, however, when the Empire State Building topped out at 1,250-feet 11 months later.
Here are a few facts you might not know about the Chrysler Building:
The last time the Chrysler Building sold it was for more than 800 million dollars. This time around, the Art Deco icon may sell for much more if the right investor can be found. NYC Realty Advisors president, Thomas Birnbaum, calls the building "an absolute trophy" even though it can't compete with amenities offered by more modern buildings in New York.