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The Chrysler Building is set to sell for $150 million despite being purchased in 2008 for $800 million. The real estate bubble is a big reason for why the huge drop in value but another reason is that the ground is owned by a private school called the Cooper Union school in NYC.
By Andrew Schultz4.8
117117 ratings
The Chrysler Building is set to sell for $150 million despite being purchased in 2008 for $800 million. The real estate bubble is a big reason for why the huge drop in value but another reason is that the ground is owned by a private school called the Cooper Union school in NYC.