Abu Dhabi to buy New York's Chrysler Building.Byline: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of (Image: chrysler.gif ) The Abu Dhabi Abu Dhabi (ä`b  thä`bē, zä–, dä–), Arab. Abu Zabi, sheikhdom (1995 pop. 928,360), c. Investment Council is negotiating to buy a 75 per
cent stake in New York City's landmark Chrysler Building Chrysler Building, in midtown Manhattan, New York City, at Lexington Ave. between 42d and 43d St. The ultimate art deco-style skyscraper, it was commissioned by Walter P. Chrysler, designed by William Van Alen, and built in 1926–30. for $800
million, the New York Post The New York Post is the 13th-oldest newspaper published in the United States and the oldest to have been published continually as a daily.[3] Since 1976, it has been owned by Australian-born billionaire Rupert Murdoch's News Corporation and is one of the 10 reported on Wednesday.
The paper cited sources as saying the assets would be purchased from TMW TMW Tomorrow TMW The Mana World (game) TMW Tell Me Why TMW Tactical Missile Wing TMW Too Much Work TMW Ten Most Wanted (TV show) TMW Tamworth, New South Wales, Australia - Tamworth , the German arm of an Atlanta-based investment fund. Sources told the Post that the Abu Dhabi Investment Council would also get part of the skyscraper's Trylons retail space next door and that Tishman Speyer would remain in charge of the building, with the Abu Dhabi fund essentially acting as a silent partner. The agreement would follow last month's deal in which a group led by Boston Properties would buy the GM Building and three others from Macklowe Properties for $3.45 billion. The Post said investors in that deal included the wealth funds of Kuwait and Qatar.- Reuters [c] Copyright 2007 www.tradearabia.com Copyright 2008 Al Hilal Publishing & Marketing Group Provided by Syndigate.info an Albawaba.com company |
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