{"id":2185846,"date":"2026-10-08T12:49:12","date_gmt":"2026-10-08T09:49:12","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2185846"},"modified":"2026-10-08T12:49:12","modified_gmt":"2026-10-08T09:49:12","slug":"chrysler-building-to-get-its-crown-restored-after-being-sold","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2185846","title":{"rendered":"Chrysler Building to get its crown restored after being sold"},"content":{"rendered":"

[analyse_image type=”featured” src=”https:\/\/ichef.bbci.co.uk\/news\/1024\/branded_news\/9bdc\/live\/e92e06b0-c325-11f1-bc2e-018d645d8d21.jpg”]<\/p>\n

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\"GettyGetty Images<\/span><\/div>\n<\/div>\n
The skyscraper was briefly the world’s tallest building<\/figcaption><\/div>\n<\/figure>\n<\/div>\n<\/div>\n
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The Chrysler Building, one of the most distinctive high-rises in Manhattan’s skyline, will undergo a major renovation as part of a multi-million-dollar sale deal.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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The skyscraper, opened in New York nearly 100 years ago, will see its Art Deco crown polished and restored during a refurbishment that will also involve the restoration of the building’s 77-storey fa\u00e7ade.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Developer Tishman Speyer has taken over the lease from the Cooper Union for the Advancement of Science and Art, a private college.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Tishman Speyer and its partners will invest $235m (\u00a3178m) in the project, as part of which it will upgrade the 61st floor, which is home to huge eagle gargoyles and will also feature an “upscale” lounge.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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The developer is planning to use most of the building, which is close to Grand Central railway station, for office space. It is following what it calls a “prebuild approach” that will allow firms to move into their new premises quickly. <\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Tishman Speyer explained that the area “has one of the lowest office availability rates in Manhattan”, adding: “Construction of new office supply in the neighbourhood has been virtually nonexistent for decades.”<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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The renovation will include internal work, such as upgrades to the building’s mechanical, elevator, electrical and air handling systems.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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At 1,046ft (319m), the Chrysler Building was once the world’s tallest building – before being usurped less than a year later by the nearby Empire State Building. <\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Financed by Walter Chrysler, the motor magnate, the skyscraper’s construction began in 1928 and was completed two years later. <\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Architect William Van Alen modelled the eagle gargoyles on hood ornaments found on the 1929 Chrysler car.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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\"GettyGetty Images<\/span><\/div>\n<\/div>\n
Popping out for lunch: a worker eats a sandwich during construction of the Chrysler Building<\/figcaption><\/div>\n<\/figure>\n<\/div>\n<\/div>\n
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The Cooper Union college, whose alumni include inventor Thomas Edison, has owned the land on which the Chrysler Building stands since 1902.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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The land was bequeathed to it by the children of Peter Cooper, a manufacturer and industrialist who founded the college in 1859.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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As part of the deal, Tishman Speyer will make ground lease payments to the Cooper Union which the college wants to use to finance “a bold plan to restore full-tuition scholarships for all undergraduates”.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Cooper Union’s president Steven McLaughlin, said: “The significance of this agreement is ultimately about what it makes possible for generations of Cooper Union students.”<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n

[analyse_source url=”https:\/\/www.bbc.com\/news\/articles\/c8g47z3r4dzvo”]<\/p>\n","protected":false},"excerpt":{"rendered":"

[analyse_image type=”featured” src=”https:\/\/ichef.bbci.co.uk\/news\/1024\/branded_news\/9bdc\/live\/e92e06b0-c325-11f1-bc2e-018d645d8d21.jpg”] Getty Images The skyscraper was briefly the world’s tallest building The Chrysler Building, one of the most distinctive high-rises in Manhattan’s skyline, will undergo a major renovation as part of a multi-million-dollar sale deal. The skyscraper, opened in New York nearly 100 years ago, will see its Art Deco crown polished and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[35,226],"class_list":["post-2185846","post","type-post","status-publish","format-standard","hentry","category-politics","tag-bbc-com","tag-crawlmanager"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2185846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2185846"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2185846\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2185846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2185846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2185846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}