Following a period of severe operational and financial uncertainty, New York City’s iconic Chrysler Building has entered a new phase under Tishman Speyer. The commercial real estate firm, alongside PSP Investments and institutional partners, has finalized a 150-year ground lease with landowner The Cooper Union. Funded entirely with equity, Tishman Speyer will invest $235 million to execute an all-encompassing interior and exterior restoration of the 1.3 million-square-foot Art Deco landmark, which had previously ...