Tishman Speyer

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Global Markets & Equities 08 Oct 2026, 08:26 PM IST

Chrysler Building Set for Crown Restoration as Tishman Speyer Returns With Major Upgrade Plan

The Chrysler Building is poised for a high-profile restoration after being sold, with Tishman Speyer taking over the landmark and outlining a renovation programme that could exceed $200 million. The plan signals a renewed push to revive one of New York’s most recognisable Art Deco towers while repositioning it for a tougher office market. The move underscores how trophy assets in prime locations are increasingly being recast through capital-intensive upgrades rather than simple ownership changes, as landlords seek to protect value and attract tenants in a slower leasing environment.

By RDU Global Wire5 min read

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Co-Occurring Entities

Entities frequently referenced alongside Tishman Speyer:

The New York Times(1)New York City(1)Chrysler Building(1)BBC(1)