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Real Estate Briefing - Categorized | IPOs/Stock Market, REITs more

Empire State Building’s controlling owner Malkin may go public as a REIT

Posted on 30 November 2011

The company that controls the Empire State Building, the landmark 102-story skyscraper in midtown Manhattan, may file to become a publicly traded real estate investment trust in about three months.
Malkin Holdings LLC, supervisor of the company the holds the title to the tower, has “embarked on a course of action” that could result in it becoming part of a new REIT (BBREIT), Empire State Building Associates LLC said in a regulatory filing today. Documents may be filed with the Securities and Exchange Commission in about three months, according to the filing……………………………………….Full Article: Source

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