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Karstadt owner Benko buys Chrysler Building

The Investor and Karstadt owner Benko has purchased the rich tradition of the Chrysler Building in New York. With a Partner, he paid about $ 150 million - it cost to be expected.

René Benko, the building price bought at a supposed bargain.

319 meters high, a architecture classic and an integral part of the New York Skyline, in addition, one of the most photographed buildings in New York - the Chrysler Building. And it has a new owner: The Karstadt-owner and real estate investor Rene Benko, who acquired the tradition of property, apparently for a supposed bargain price of only 151 million dollars, together with a US Partner.

in 2008, immediately prior to the onset of the financial crisis, had placed a Fund from Abu Dhabi, still over 800 million dollars in 1931, completed in Art-Deco gem on the table. The Chrysler Building was built at that time for the whole eleven months of the highest building in the world until the Empire State Building nachzog and the Chrysler tower obsolete.

icon with high follow-up costs

today is the steel tip - made from stainless steel by the German company Krupp - eye-catching and photo-motif for New-York-tourists. New York real estate experts, however, doubted even before the now-confirmed sale that the new buyer will be more than the last price paid of $ 800 million put on the table.

Today, it almost disappears behind the more modern skyscrapers: the Chrysler Building in New York.

The almost 90-year-old building must be costly and competes with modern towers that offer the buyers and tenants floor-to-ceiling Windows and modern luxury. The Chrysler Building, however, is primarily an architectural classic, on top of that a costly, because the land rights do not belong to the owner, but Cooper Union, a New York College.

Exorbitant rent for the land

And the rent for the base was increased from 7.5 million to now $ 32.5 million and will be 2028 already $ 41 million per year. Reason enough for the previous owner to sell property with immense loss.

the Last historical buildings such as the Waldorf Astoria Hotel for 1.5 billion were in New York but also the entire historic Block of the Chelsea Market, for $ 2.4 billion have been sold, the latter to the Internet company Google for its second headquarters in New York. The new owner of the Chrysler Building are apparently to consider the building in the heart of Manhattan, in a Hotel.

icon for the junk price - Karstadt owner of New York's Chrysler Building
Georg Schwarte, ARD New York
15.03.2019 17:53 PM

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Karstadt owner Benko: Shooting Star with a criminal record, 11.09.2018 icon for junk price - Karstadt owner buys New York's Chrysler Building, Georg Schwarte, ARD New York |audio Atlas |USA |New York

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