New York | The owners of Manhattan’s Chrysler Building are at risk of eviction after the real estate empire of one of its owners imploded amid allegations of financial impropriety.
Signa Holding – led by Rene Benko, an Austrian investor whose company assembled a worldwide portfolio worth more than $US20 billion ($30 billion) before it fell apart late last year – teamed up with RFR Holding, a New York company led by Aby Rosen and Michael Fuchs, to buy the Chrysler in 2019 for $US151 million. The partners promised to return the ageing dowager of the New York skyline to its glory days.