Chrysler Building, RFR
RFR's Control Of Chrysler Building Has Been Terminated, Its Landlord Says
A partnership led by RFR Holding has held the ground lease to the Chrysler Building for the past five years, but it stopped making rent payments after May, according to Cooper Union, the private college that owns the land at 405 Lexington Ave.
RFR sues Cooper Union to stop Chrysler Building eviction
Cooper Union sent RFR, the ground lease holder, a 10-day termination notice after the firm missed payments in June and July.
Chrysler Building Owner Is Poised to Lose Control of Iconic Skyscraper
The owner of the land beneath the historic Chrysler Building said Friday it was taking control of the office tower, in what would be one of the most prominent buildings in the U.S. to be lost during the office-market collapse.
RFR Trying to Stop Ground Lease Termination on Chrysler Building
Cooper Union took action to terminate RFR Holding’s ground lease on the Chrysler Building, but RFR wants to block that move.
RFR on verge of losing Chrysler Building
Elsewhere in the city, lenders and city agencies have sued RFR for missed loan and tax payments at 17 State St., 522 Fifth Ave. and 90 Fifth Ave. The jewel in Rosen’s crown, the Seagram Building, carries nearly $1 billion in mortgage and mezzanine debt that must be refinanced next year. RFR controls nearly 3 million square feet of commercial space.
Cooper Union poised to regain control of iconic Chrysler Building after rent battle
Cooper Union is poised to regain control of the iconic Chrysler Building after terminating the lease of powerhouse developers Aby Rosen and Michael Fuchs over $21 million in unpaid rent, The Post has learned.
Artnet27d
Cooper Union Surprises Incoming Seniors With Free Tuition
In an Oprah Winfrey-worthy reveal, the incoming class of seniors at New York’s Cooper Union learned ... income from real-estate taxes on the Chrysler Building, it charged no tuition for over ...
Stellantis, Owner of Chrysler and Jeep, Slashes Profit Forecast
The automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.
Jalopnik28d
Chrysler Not For Sale As Stellantis Won’t Kill Or Sell Struggling Brands
Good morning! It’s September 2, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you ...