National Kinney Corporation was a parking, property management services, and real estate development company based in New York City. It was established on August 7, 1971[1][2] after Kinney Services separated its service holdings from its entertainment holdings.
History
National Kinney expanded from parking and building services into real estate development by purchasing the Uris Buildings Corporation, but the timing was bad as the NY real estate market collapsed in the 1973–75 recession and the main Uris Building asset was soon lost to foreclosure.[3]
In March 1974, Societe de Gestion Immobiliere et Mobiliere S.A., a French holding company, announced that they were interested to buy National Kinney Corporation from Warner Communications for $8 million in cash.[4]