5. Cooper Union Owns the Land Below the Chrysler Building

chrysler-building-skyscrapers-new-york-city-skyline-roof-darkcyanidePhoto by Dark Cyanide

Not a single dollar in taxes from the Chrysler Building has ever gone to New York City because the land has been owned by Cooper Union since 1902, and is an endowment for the college. Instead, the Chrysler Building owners pay Cooper Union, which is tax-exempt.