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.
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.
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 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 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.
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 ...
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‘Megalopolis’ Arrives as a Cinematic Artifact of an Outdated Conversation About Urbanism
Four decades in the making, Francis Ford Coppola’s $120 million opus finally hits theaters but misses the mark.
Francis Ford Coppola’s ‘Megalopolis’ is a wild fever dream of excess and idealism
If anything is clear about “Megalopolis,” it’s that Francis Ford Coppola has a lot on his mind.
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.
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This Chrysler Will Show You 1990s Cars Look Better Than You Remember
Y ou've probably completely forgotten about the Chrysler Concorde. It's a shame, because this 1990s luxury sedan was one of ...
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Review: ‘Megalopolis’ is Puny in Scope and Dishearteningly Derivative
Coppola’s thematic scope is limited, but so is his visual one. New Rome is largely just New York. The Chrysler building gets ...