Chrysler Building
New MoMA Tower to Rival Chrysler Building's Height
A new planned skyscraper next-door to MoMA, designed by Jean Nouvel, could bring a bit of architectural variety to the skyline along Sixth Avenue, known for its boxy, giant modernist towers.
The tower, revealed today by New York Times architecture critic Nicolai Ouroussoff, would rise to a staggering 75 stories on 54th Street just east of Sixth Avenue, tapering from a small base lot to an even smaller peak. read more »
The Ten Most Expensive Buildings
Chrysler's Perks
Our tale this week of university real estate woe left out a lot of worthwhile research from the City Project paper on which we reported. One bit of that is how the Chrysler Building has been standing there, all 1,048 tall of it, for 76 years without it contributing any property tax to the city. That's because a court decision exempted the owners of the land beneath it, Cooper Union, from real estate tax liability. The commercial tenants in the building pay what are called "tax-equivalency charges, but that money goes to Cooper Union instead. Neil deMause has more details. read more »
-Matthew Schuerman
