The Empire State Building Up for Sale
By: Stephanie Castillo
Updated: November 30, 2011
NEW YORK -- Have you ever wanted to own a piece of New York City? Well now is your chance to own the Empire State Building -- well at least a part of it.
The iconic skyscraper and two other properties in Manhattan might become part of a public company and real estate investment trust.
Which means investors could buy stock in the buildings. Malkin Holding, the group who currently controls the properties filed papers with the Securities and Exchange Commission.
The Empire State Building was completed in 1931 and stretches an impressive 102 stories high. The building has undergone numerous renovations as well as energy efficiency upgrades.
The iconic skyscraper and two other properties in Manhattan might become part of a public company and real estate investment trust.
Which means investors could buy stock in the buildings. Malkin Holding, the group who currently controls the properties filed papers with the Securities and Exchange Commission.
The Empire State Building was completed in 1931 and stretches an impressive 102 stories high. The building has undergone numerous renovations as well as energy efficiency upgrades.
