Chrysler Building's $235M Makeover: What You Need to Know

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The iconic Chrysler Building, Manhattan’s Queen of the Night, will get to wear her illuminated crown for a long time to come.

In a stunning deal, Rockefeller Center owner Tishman Speyer bought the Chrysler Building’s ground lease and will invest $235 million to restore and modernize the landmark. The agreement was under discussion for months, but never a sure thing.