The Empire State Building Could Become Part of a Publicly-Traded Company

Empire State Building via gonzalu

On November 29th, the company that owns the Empire State Building filed a vague document that may incorporate the ESB into a publicly-traded company. The Securities and Exchange Commission filing from Empire State Building, LLC says that Malkin Holdings, LLC, a real estate company that supervises the Empire State Building, is taking action to possibly make the Empire State Building part of a real estate investment trust, although no further details would be available for the next three months due to “legal reasons.”

From the official SEC filing documents:

Malkin Holdings LLC, the supervisor of the Company, has embarked on a course of action that could result in the Company becoming part of a newly formed public REIT. The Company for legal reasons is not in a position to disclose more information until documents are filed with the Securities and Exchange Commission, which the Company anticipates could occur in approximately three months.

Anxious to get your hands on a piece of the ESB before it becomes publicly available? Then check out the office space available in the Empire State Building, including entire 278,000 sq. ft. floors!

Learn More

Globe St. reports on the status of the SEC filing

Deal Book looks at what a publicly-traded ESB could mean

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