Chrysler Building to get its crown restored after being sold:
The distinctive Manhattan skyscraper will undergo a major renovation and provide a new supply of ...
bbc.com/news/articles/c8g47z3r4dzvo
Photo: bbc.com · view article
Chrysler Building set for restoration after multimillion-dollar dealTishman Speyer and partners plan $235m (£178m) for façade, systems and office upgrades near Grand Central.
- Tishman Speyer took over Cooper Union’s lease and will invest $235m with partners in the project.
- The restoration is intended to polish the Art Deco crown and upgrade the 77-storey façade and technical systems.
- The 61st floor, featuring eagle gargoyles, is planned for upgrades including an upscale lounge.
- Most of the building is intended for offices, which could be occupied faster through a prebuild approach.
The significance of this agreement is ultimately about what it makes possible for generations of Cooper Union students.— Cooper Union's president Steven McLaughlin said, in reference to the deal that would fund full-tuition scholarships for all undergraduates.
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