Judge Jennifer Shecter granted a motion sought by the building’s landlord, Cooper Union, to evict the tower's operator, RFR, after the firm defaulted on $21 million in rent and other obligations.
RFR Holdings has been struggling to hang on to the Chrysler Building after Cooper Union, which owns the land beneath the Art Deco skyscraper, moved last week to take control of the tower ...
In 2018, shortly before RFR bought the building (a deal also included an adjacent retail property, the pyramid topped Trylons), the rent jumped from $7.78 million to $32.5 million a year, and was ...
A spokesperson for RFR did not immediately respond to a request for comment. The Chrysler Building marks the high and low of these last couple of years for Rosen. Rosen bought the ground lease on ...