Completed in May 1931, the 318.9 m (1,046 ft) Chrysler Building held the title of the tallest building in the world for just under a year before being surpassed by the 380 m (1,250 ft) Empire State Building. Architecturally, however, its Art Deco style makes its taller companion look plain in comparison. Although it served as the corporate headquarters of the car manufacturer until the 1950s, it was built and owned by the company’s founder, Walter Chrysler. Ownership passed to Chrysler’s family after his death in 1940, and the building was sold on in 1953. It has since changed hands on a number of occasions.