Cooper Union poised to regain control of iconic Chrysler Building after rent battle
Aby Rosen and Michael Fuchs’ RFR has reportedly been defaulting on rent since May – crumbling yearslong negotiations with the private Manhattan college, a source close to the matter told The
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.
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.
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'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.
Aby Rosen is hoping the Goldman family saga will pause his default at beleaguered hotel
Rosen claims that eviction proceedings taken by Solil’s Jane Goldman are “in serious question” as a result of Goldman family ...
Commercial Observer3d
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.
Celeb-filled NYC condo building offering parking spots for $500K
And they’re going fast, according to a spokesperson. The half-mill tab might not be a heavy lift for owners who have spent up ...
Observer3y
Aby Rosen
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Commercial Observer25d
RFR Holding Plans to Resolve Debt Issues Without Selling Its Class A Buildings
New York City-based RFR expects refinancing and recapitalization opportunities “to preserve and enhance long-term value in our trophy properties,” according to an Aug. 26 statement to Commercial ...
‘Swan Lake’ Teaser Revealed As Global Release Set For Imax-Filmed Paris Opera Ballet
Paris Opera, Pathé Live and Imax have unveiled a teaser trailer and release dates for Swan Lake, the first-ever filmed for Imax ballet ...