Story perspectives

Tishman Speyer buys Chrysler Building leasehold, $235M revamp

By Drooid · Oct 12, 2026, 2:05 AM UTC · How we work

Summary

Story summary

Tishman Speyer acquired the Chrysler Building leasehold from Cooper Union.
The deal includes a $235 million investment to revitalize the landmark.
Aby Rosen purchased the Trylons annex from Cooper Union and plans a 100,000-sq-ft building.
Retail surveys show low vacancies on Madison Avenue and Soho while many Lexington/42nd storefronts stay empty.

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Story summary

Tishman Speyer acquired the Chrysler Building leasehold from Cooper Union.
The deal includes a $235 million investment to revitalize the landmark.
Aby Rosen purchased the Trylons annex from Cooper Union and plans a 100,000-sq-ft building.
Retail surveys show low vacancies on Madison Avenue and Soho while many Lexington/42nd storefronts stay empty.