Summary
- Cooper Union terminated the lease of developers Aby Rosen and Michael Fuchs over $21 million in unpaid rent for the Chrysler Building
- The school sent a lease termination notice on September 13 and ended the ground lease on Friday
- RFR is suing Cooper for a faulty eviction process, but Cooper Union is prepared to regain control with a property management firm
- The lease termination will not impact student scholarships or tuition plans