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Aby Rosen seeks to rework Chrysler Building ground lease

RFR Realty’s Aby Rosen is in talks to restructure the ground lease for the Chrysler Building. Rosen, along with partner Sigma Holding GmbH, bought the landmark tower’s ground lease for $ 151 million from Tishman Speyer and an Abu Dhabi government fund last year. They pay Cooper Union, which owns the property, $ 32.5 million annually in ground rent, along with more than $ 23 million for what the building would typically owe in property taxes (though as

The Real Deal New York

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