Cooper Union, which owns the land the 77-story Chrysler Building sits on, moved to end Rosen’s stay at the property in September after RFR missed $21 million in ground-rent payments due since May, as ...
JPMorgan Chase and Citigroup provided the financing to Rosen, replacing a $180 million existing mortgage it had on the ...
475 Fifth Avenue, between East 40th and East 41st streets, was built in 1925 and renovated in 1965. RFR purchased the ...
A New York state judge has lowered the curtain on RFR Holding’s play to keep the Chrysler Building, dealing a blow to Aby Rosen’s struggling real estate business. Judge Jennifer Shecter ...
The judge ordered RFR’s ejection from the 1.2M SF property, ending a legal dispute over $21M in unpaid rent. Control of the building fully returns to Cooper Union, which issued a lease ...
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Curbed on MSNThe Fight Over the Chrysler Building Is Getting WeirdRFR Holdings has been struggling to hang on to the Chrysler Building after Cooper Union, which owns the land beneath the Art Deco skyscraper, moved last week to take control of the tower ...
The new Seagram mortgage replaces $1.15 billion in maturing debt that initially came due in 2023 but was extended twice. RFR ...
Aby Rosen has lost the Chrysler Building. Yesterday, a Manhattan judge terminated RFR’s ground lease and ordered RFR Holdings, which Rosen leads alongside Michael Fuchs, to vacate the building.
The owner of the land beneath the historic Chrysler Building said Friday it was taking control of the office tower, in what ...
Rosen’s RFR held the leasehold since 2019 when ... update a classic property — as he did with the Seagram Building. Without him, Chrysler’s problems remain to be addressed.
A 140K SF office building near Union Square is the latest RFR-owned property to wind up in the middle of a foreclosure suit.
After a rough close to 2024, Aby Rosen is starting 2025 on a financing hot streak. RFR Holding recapitalized 475 Fifth Avenue in Midtown Manhattan after facing a foreclosure threat from its ...
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