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Austrian real estate company Signa Holding and New York-based real estate developer RFR Holding LLC have bought Manhattan’s iconic Chrysler Building, Signa stated on Friday.
Signa and RFR entered into a joint venture to acquire the asset from Abu Dhabi Investment Council and Tishman Speyer, Signa said.
Reuters previously in March reported that Signa and RFR would purchase the art-deco tower, that was the world’s tallest building when finished in 1930, for about $150 million.
