Chrysler Building to get its crown restored after being sold
The Chrysler Building, a iconic Manhattan skyscraper, is set to undergo a major renovation, including the restoration of its distinctive Art Deco crown. The project is part of a multi-million-dollar deal following a change in ownership. Tishman Speyer has taken over the building with plans for significant upgrades and rent increases. The renovation aims to revitalize the nearly 100-year-old structure.
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- ✓ Tishman Speyer has taken over the Chrysler Building.
- ✓ The renovation plans include the restoration of the Chrysler Building's crown.
- ✓ The project involves spending more than $200M on upgrades and rent.
- ✓ The Chrysler Building is a nearly 100-year-old Art Deco skyscraper.
What changed
Tishman Speyer's acquisition of the Chrysler Building and their announcement of a major renovation plan, including the restoration of the crown, marks a new phase in the building's history.
Live updates
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Chrysler Building to get crown restored after sale
The Chrysler Building, a iconic Manhattan skyscraper, is set to undergo a major renovation, including the restoration of its distinctive Art Deco crown. The project is part of a multi-million-dollar deal following a change in ownership. Tishman Speyer has taken over the building with plans for significant upgrades and rent increases. The renovation aims to revitalize the nearly 100-year-old structure.
Why it matters
The Chrysler Building is one of the most recognizable landmarks in Manhattan's skyline. Completed in 1930, it has been a symbol of New York City's architectural heritage. The current renovation plans mark a significant development in the building's history, aiming to preserve its original glory while adapting to modern standards.
What is confirmed
- Tishman Speyer has taken over the Chrysler Building.
- The renovation plans include the restoration of the Chrysler Building's crown.
- The project involves spending more than $200M on upgrades and rent.
- The Chrysler Building is a nearly 100-year-old Art Deco skyscraper.
What to watch next
- Progress on the renovation timeline
- Details on planned rent increases
- Completion date for the restoration project
confidence 100%Sources used for this update (8)
- The New York Times — Tishman Speyer Takes Over Chrysler Building With Big Renovation Plans
- Crain's New York Business — Tishman Speyer to retake Chrysler Building, spend more than $200M on upgrades and rent
- Dezeen — Chrysler Building restoration plan annouced
- BBC — Chrysler Building to get its crown restored after being sold
- Curbed — Another Owner Aims to Restore the Chrysler Building’s Shine
- www.bbc.com — Chrysler Building to get its crown restored after being sold
- flipboard.com — Chrysler Building to get its crown restored after being sold
- flipboard.com — 'It's like walking into 1934'
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