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 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.
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.
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.
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 ...
Commercial Observer1d
Sunday Summary: Eric Adams had a Pretty, Pretty Bad Week
The mayor was indicted for bribery and illegal contributions which throws the City of Yes into question. But there were big leases, too!
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.
WHQR17d
Union autoworkers won big after striking. A year later, some face an uncertain future
Last fall's strike against Ford, GM and Stellantis yielded record contracts for autoworkers. With a slowdown in car sales, ...
Northcountrypublicradio.org13d
A year after the strike is the UAW still winning?
A year ago at this time, members of the United Auto Workers Union were feeling powerful and optimistic. The group's new ...
Five Chicagoland mall makeovers
Several Chicagoland shopping malls have traded hands in recent years, with some ending up in the control of local government.