New York's Chrysler Building Bought by Abu Dhabi Fund

New York's Chrysler Building Bought by Abu Dhabi Fund
New York's Chrysler Building, the art deco icon that helps define the New York skyline, was bought by an Abu Dhabi sovereign wealth fund, the second purchase of a Manhattan landmark by Middle East investors in as many months. The skyscraper was the world's tallest building until 1931, was acquired yesterday by the Abu Dhabi Investment Council for an undisclosed price, but probably multiple billions.