Deals
Chrysler Building Sale Prompts Question: What’s a Trophy Worth?
- Owners seeking buyer for Art Deco tower in midtown Manhattan
- Aging landmark could still sell for more than $1 billion
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One Thursday in the spring of 1978, an advertisement in The New York Times caught the attention of Manhattan’s real estate industry.
“THE CHRYSLER BUILDING” it said in bold letters above a sketch of the skyscraper. “So celebrated, that no other address is necessary.”