Results 1 to 10 of 10

Thread: Chrysler's Cloud Club For Sale

  1. #1

    Default Chrysler's Cloud Club For Sale

    August 13, 2003 * *-- *The Chrysler Building's triplex Cloud Club is back on the market now that DaimlerChrysler has cut a deal to walk away.

    When it opened in 1930 as the world's tallest building, the architectural masterpiece filled with automotive imagery was the personal symbol of Walter P. Chrysler. Chrysler, who founded his company just five years before, would meet with his posse for cigars in their Cloud Club board room - on the 66th, 67th and 68th floors of the 77-story art deco tower.

    In the economic heyday of spring 2000, it seemed like a great idea for the now-German-owned company's execs to return to their roots in one of the city's loftiest view suites, plunking down $100 bucks a square foot for the privilege. But alas, the market immediately took a free fall and Chrysler never moved in.

    Since then, the company had been trying to snare a sublessor, at one point offering up a Mercedes-Benz to the broker who lured in a new tenant.

    Building owner Tishman Speyer recently agreed to a lease buyout for the full amount of the remaining rent - some $12 million. Now it has listed the three floors, totaling 18,883 square feet, with an asking rent of $60 a square foot - a full $40 less than three years ago.

    Sources said Tishman Speyer wants to find a unique tenant for the tower. Company executives declined to comment.

    "It's one of those great, unusual New York spaces - it's the top of the spire," said Andrew Goldberg of CBRE. Goldberg, along with Eric Gelber and Loren Baron of CBRE, acted as Tishman Speyer's brokers for the Capital Grille restaurant, which leased the street-level Trylons area in the Chrysler Center.

    By LOIS WEISS
    nypost.com

  2. #2
    Moderator NYatKNIGHT's Avatar
    Join Date
    Oct 2002
    Location
    Manhattan - South Village
    Posts
    4,240

    Default Chrysler's Cloud Club For Sale

    I just want to be able to dress up and take my girlfriend there for a nice dinner and some drinks.

  3. #3

    Default Chrysler's Cloud Club For Sale

    That's right.
    A fancy restaurant would be a good idea.

  4. #4
    Forum Veteran
    Join Date
    Nov 2002
    Location
    New York City
    Posts
    3,298

    Default Chrysler's Cloud Club For Sale

    The upper floors are much smaller than in the rest of the building, obviously. *However, a restaurant conversion would make this a good chance to build a very intimate, world-class aerie. *Reminiscent of the glory days of the New York skyscraper.

  5. #5

    Default Chrysler's Cloud Club For Sale

    NYC needs a fine dining place in the clouds to fill the void left by the demise of Windows on the World. *

    However, a good restaurant would use the historical and architectural legacy of the Cloud Club to create an unique experience, and not a copy of Windows. Hopefully Windows will rise again in the Freedom Tower, until then a new Cloud Club would look over the city.

  6. #6
    Forum Veteran
    Join Date
    Jan 2003
    Location
    Garden City, LI
    Posts
    1,778

    Default Chrysler's Cloud Club For Sale

    Ah, the happy hours we could have. *Windows was great, wasn't it.

  7. #7

    Default Chrysler's Cloud Club For Sale

    The cloud club isn't really big enough or have the appropriate layout for a restaurant.

  8. #8

    Default Chrysler's Cloud Club For Sale

    How about using it and a couple of floors below. Who wants to work in 70-year-old offices anyway ?

  9. #9
    Moderator NYatKNIGHT's Avatar
    Join Date
    Oct 2002
    Location
    Manhattan - South Village
    Posts
    4,240

    Default Chrysler's Cloud Club For Sale

    Yeah, use the smaller floors for the bar - the club it once was, except public.

  10. #10

    Default Chrysler's Cloud Club For Sale

    The image of cigar chomping power brokers sipping brandy seems to be my idea of what the cloud club was. *If there were a multistoried bar, the top floor should be a real cloud club; clouds of fine cigar smoke. *

Similar Threads

  1. A triplex in Trump International for sale
    By noharmony in forum New York Real Estate
    Replies: 7
    Last Post: March 18th, 2005, 09:49 AM
  2. Actor Hoffman Dustin' Off CPW Triplex for Sale
    By Edward in forum New York Real Estate
    Replies: 2
    Last Post: November 28th, 2003, 11:53 PM
  3. Harvard Club Expansion
    By billyblancoNYC in forum New York Skyscrapers and Architecture
    Replies: 3
    Last Post: April 30th, 2003, 05:59 PM
  4. New club coming to Times Square
    By Edward in forum New York City Guide For Visitors
    Replies: 1
    Last Post: February 4th, 2003, 11:53 AM
  5. Midtown Manhattan: Town Houses Used by Banks Are for Sale
    By noharmony in forum New York Real Estate
    Replies: 1
    Last Post: February 3rd, 2002, 08:49 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


Google+ - Facebook - Twitter - Meetup

Edward's photos on Flickr - Wired New York on Flickr - In Queens - In Red Hook - Bryant Park - SQL Backup Software