The Chrysler Building, one of the most distinctive high-rises in Manhattan’s skyline, will undergo a major renovation as part of a multi-million-dollar sale deal.<\/p>\n
The skyscraper, opened in New York nearly 100 years ago, will see its Art Deco crown polished and restored during a refurbishment that will also involve the restoration of the building’s 77-storey fa\u00e7ade.<\/p>\n
Developer Tishman Speyer has taken over the lease from the Cooper Union for the Advancement of Science and Art, a private college.<\/p>\n
Tishman Speyer and its partners will invest $235m (\u00a3178m) in the project, as part of which it will upgrade the 61st floor, which is home to huge eagle gargoyles and will also feature an “upscale” lounge.<\/p>\n
The developer is planning to use most of the building, which is close to Grand Central railway station, for office space. It is following what it calls a “prebuild approach” that will allow firms to move into their new premises quickly. <\/p>\n
Tishman Speyer explained that the area “has one of the lowest office availability rates in Manhattan”, adding: “Construction of new office supply in the neighbourhood has been virtually nonexistent for decades.”<\/p>\n
The renovation will include internal work, such as upgrades to the building’s mechanical, elevator, electrical and air handling systems.<\/p>\n
At 1,046ft (319m), the Chrysler Building was once the world’s tallest building – before being usurped less than a year later by the nearby Empire State Building. <\/p>\n
Financed by Walter Chrysler, the motor magnate, the skyscraper’s construction began in 1928 and was completed two years later. <\/p>\n
Architect William Van Alen modelled the eagle gargoyles on hood ornaments found on the 1929 Chrysler car.<\/p>\n","protected":false},"excerpt":{"rendered":"The Chrysler Building, one of the most distinctive high-rises in Manhattan’s skyline, will undergo a major renovation as…\n","protected":false},"author":2,"featured_media":796091,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[6225,6485,6486,1120,96,56,54,55],"class_list":["post-796090","post","type-post","status-publish","format-standard","has-post-thumbnail","category-arts-and-design","tag-arts","tag-arts-and-design","tag-artsanddesign","tag-design","tag-entertainment","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/796090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=796090"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/796090\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/796091"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=796090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=796090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=796090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}