COOPER UNION WINS FEUD WITH ABY ROSEN OVER CHRYSLER BUILDING — BUT LANDMARK’S FUTURE REMAINS IN LIMBO
https://s.yimg.com/ny/api/res/1.2/3uEMV0iecO5g1TQBxBWyYg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/ny_post_articles_869/cb28741ab9168683df6947c5c90dbc2c
✍️ Cooper Union has won its battle against Aby Rosen, but now faces the challenge of revamping the Chrysler Building, a landmark property with significant capital investment needs.
👉 Cooper Union has gained control of the Chrysler Building's leasehold 👉 The school is exploring options to revamp the building, including seeking a new real estate developer or partner 👉 The building's current issues include high vacancy rates, outdated infrastructure, and limited sunlight 👉 Cooper Union's real estate advisor, Savills, is evaluating alternatives to bring maximum value to the school
-- #AbyRosen #JenniferSchecter #DavidHeller #GabrielHerrmann #ChryslerBuilding #Manhattan #GrandCentral #SeagramBuilding #MoynihanStation #business
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