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Sources: Empire State Building Stock Going Public

Souvenir

Anyone could buy a piece of famous skyscraper.

cheats/2011/04/12/sources-empire-state-building-stock-going-public/empire-state-building_viueyk

It looks like anyone can be in an empire state building state of mind: Sources said Tuesday that the Malkin family, whose company owns the Empire State Building, are planning on taking the company’s stock public. The new company could include a number of other office buildings controlled by the Malkins, including 1 Grand Central, a 55-story, 1.3 million-square-foot building across from Grand Central Terminal, a 26-story office building at 250 West 57th St. and six buildings in Westchester County and Connecticut. But the deal still has a long way to go: The Malkins need to get the support of their principal partner, the estate of Leona Helmsley, which has hired advisers to evaluate the proposal.

Read it at The New York Times