Battle at Chrysler Building far from over despite setback for real estate titan

Battle at Chrysler Building far from over despite setback for real estate titan

The Chrysler Building drama is far from over despite a judge’s ruling last week that Aby Rosen must butt out of Cooper Union’s management of the tower and not interfere with its  collection of rents from  tenants (who are technically subtenants due to the ground lease). Judge Jennifer Schecter’s issuance of an injunction sought by Cooper … Read more

Real estate mogul loses eviction battle at Chrysler Building — and is ordered to pay $21M in back rent

Real estate mogul loses eviction battle at Chrysler Building — and is ordered to pay M in back rent

A New York judge on Thursday ordered Chrysler Building tenants to pay their rent to Cooper Union instead of the real estate company that owns the leasehold — and ordered the firm’s mogul Aby Rosen to pay $21 million in back rent to the school. The stinging setback comes after Rosen sued the venerable college, … Read more