Archinect - News2024-12-22T00:13:17-05:00https://archinect.com/news/article/150451564/the-dispute-over-the-chrysler-building-s-future-just-got-even-murkier
The dispute over the Chrysler Building’s future just got even murkier Josh Niland2024-10-23T17:33:00-04:00>2024-10-24T14:27:51-04:00
<img src="https://archinect.gumlet.io/uploads/96/96887efc66094a6ede1a10ed3e371023.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>Several local New York outlets have <a href="https://www.nytimes.com/2024/10/23/realestate/chrysler-building-lawsuits-cooper-union.html" target="_blank">reported</a> an update on the financial dispute between the <a href="https://archinect.com/news/tag/1251970/chrysler-building" target="_blank">Chrysler Building</a>’s owner-operator RFR and <a href="https://archinect.com/schools/cover/697/the-cooper-union" target="_blank">The Cooper Union</a>, which has held the land use rights to its lot since 1902.</p>
<p>The Austrian-based developer purchased William Van Alen’s landmarked design <a href="https://archinect.com/news/article/150125946/the-chrysler-building-sells-for-a-mere-150-million" target="_blank">for $150 million in 2019</a> and is now being threatened with eviction by the college after reportedly not paying rent since May. RFR in turn filed a lawsuit last month, claiming "an improper and fatally defective eviction proceeding" on the part of Cooper Union. </p>
<p>The ground rent is now expected to increase to $41 million by 2028, adding to the challenges posed by its <a href="https://archinect.com/news/article/150437751/can-the-chrysler-building-still-endure-against-imposing-contemporary-neighbors" target="_blank">inability to retain tenants</a> because of poor cell phone reception and unsanitary taps. The suit also claims Cooper Union's reaction to student-led anti-war protests this past year has led others to withdraw. The college has since called these claims "irrelevant, scandalous, and prejudicial.”</p>
https://archinect.com/news/article/109559938/geniuses-money-and-monuments-weekly-news-round-up-for-september-15-2014
Geniuses, money and monuments: Weekly News Round-Up for September 15, 2014 Amelia Taylor-Hochberg2014-09-22T20:47:00-04:00>2022-02-09T16:58:38-05:00
<img src="https://archinect.gumlet.io/uploads/cn/cnxw8zqj11bzsbmj.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p><strong><em>Saturday, September 20</em></strong></p>
<ul><li><a title="NYC's historic 190 Bowery part of massive buy-up by developer RFR Holdings" href="http://archinect.com/news/article/109353010/nyc-s-historic-190-bowery-part-of-massive-buy-up-by-developer-rfr-holdings" rel="nofollow" target="_blank">NYC's historic 190 Bowery part of massive buy-up by developer RFR Holdings</a>: RFR plans to spend upwards of $900M on property and land purchases by the end of 2014. One of its recent buys included the former "<a href="http://archinect.com/news/article/109347390/life-in-the-bowery-s-72-room-bohemian-dream-house" rel="nofollow" target="_blank">72-room bohemian dream house</a>" at 190 Bowery.</li></ul><p><strong><em>Friday, September 19</em></strong></p>
<ul><li><a title="MacArthur Fellow Rick Lowe Reclaims Urban Neighborhoods Through Art" href="http://archinect.com/news/article/109342572/macarthur-fellow-rick-lowe-reclaims-urban-neighborhoods-through-art" rel="nofollow" target="_blank">MacArthur Fellow Rick Lowe Reclaims Urban Neighborhoods Through Art</a>: Lowe is currently a resident at Philadelphia's Pearl Street Project, which aims at making dimly-lit alleyways more safe. He is also the founder of Houston's Project Row Houses.</li><li><p><a title="Zaha Hadid launches luxury homeware range with Harrods" href="http://archinect.com/news/article/109343375/zaha-hadid-launches-luxury-homeware-range-with-harrods" rel="nofollow" target="_blank">Zaha Hadid launches luxury homeware range with Harrods</a>: Pieces include a £9,999 serving platter, £43 cups and saucers, and £4,860 Field of Towers chess set.</p></li><li><a title="Archinect is at the Salk Institute, covering the Academy of Neuroscience for Architecture Conference" href="http://archinect.com/news/article/109328885/archinect-is-at-the-salk-institute-covering-the-academy-of-neuroscience-for-architecture-conference" rel="nofollow" target="_blank">Archinect is at the Salk Institute, covering the Academy of Neuroscience for Architecture Conference</a>: The three-day conference focused on topics in neuroscientific research that serve the architecture profession, including advances in mobile brain-computing interfaces and the neurological data behind...</li></ul>