Chrysler Building Sold To Abu Dhabi Investors

July 9, 2008 – 2:05 pm

The Chrysler building has been sold to Abu Dhabi Investors. The Chrysler building is considered to be an iconic New York structure, and is perhaps the most famous Art Deco building of all.

As oil prices have surged, Middle East investors have poured money into U.S. real estate assets. The building is believed to have sold for $800 million.