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Tishman Speyer and The Cooper Union Finalize Ground Lease Agreement to Revitalize the Chrysler Building.
Oct 07, 2026
Contract Type
agreement
New YorkReal EstateHospitality
Description
Tishman Speyer has finalized a ground lease agreement with The Cooper Union to restore New York City's Chrysler Building. This 150-year lease includes a $235 million investment and aims to transform the iconic structure into a world-class boutique office environment.
Company Information
Company
Tishman Speyer
Location
New York, New York, United States
About
Developer and investor Tishman Speyer has made its first investment in residential in 1989 and has added more than 33,000 rental units and for-sale condos in the United States, Brazil, China, and across Europe.