Chrysler Building to Have Its Crown Restored
The Chrysler Building in Manhattan will undergo a $235 million renovation to restore its Art Deco crown and façade, including upgrades to its mechanical and electrical systems. The building, nearly 100 years old and previously the world's tallest, is now owned by Tishman Speyer, which plans to convert most of it into office space in a neighborhood with low office availability. As part of the deal, lease payments will support the Cooper Union college’s scholarship programs.
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