Austrian property tycoon's troubles rattle investors

The Austrian property group that co-owns New York's iconic Chrysler building has warned of an imminent "restructuring" that has cast a spotlight on several precarious projects -- and the wealthy tycoon behind the company. Since then, Benko has added the Chrysler building and the Berlin shopping gallery KaDeWe to the company's portfolio, while branching out into media and other sectors.

Austrian property tycoon's troubles rattle investors
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The Austrian property group that co-owns New York's iconic Chrysler building has warned of an imminent "restructuring" that has cast a spotlight on several precarious projects -- and the wealthy tycoon behind the company. Since then, Benko has added the Chrysler building and the Berlin shopping gallery KaDeWe to the company's portfolio, while branching out into media and other sectors.

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