Leona Helmsley

Empire State Building IPO Has Almost All Votes Needed

A plan to form a real estate investment trust holding New York’s Empire State Building has almost all of the votes needed to proceed, Malkin Holdings LLC said today.

Empire State Building Investors Seek to Block Settlement

A group of investors in the company that controls the Empire State Building sought to block a settlement which would allow the iconic New York skyscraper to be included in a real estate investment trust.

Empire State Building Owners File $1 Billion IPO, REIT Plan

The company that controls the Empire State Building plans to raise as much as $1 billion in an initial public offering, giving investors the opportunity to own a piece of the landmark 102-story Manhattan skyscraper.

Empire State Building Holders Supporting IPO, Malkins Say

A proposal to include the Empire State Building in a public real estate investment trust has been approved by 90 percent of the tower’s unitholders who have voted so far, according to the skyscraper’s supervisors.

Empire State Realty Trust Sued by Investor Over Plan to Become Public REIT

Empire State Realty Trust Inc., the company that controls the Empire State Building, was sued by an investor over its plan to become a real estate investment trust and sell shares on the New York Stock Exchange.

Empire State Building Accord Gets Preliminary Approval

A settlement of a dispute over the public offering of a real estate investment trust that would include the Empire State Building received preliminary approval by a New York judge.

Empire State Realty Trust Settles Investors REIT Suit

Empire State Realty Trust Inc., the company that controls the Empire State Building, said it settled with investors over its plan to become a real-estate investment trust and sell shares on the New York Stock Exchange.

Qatar’s Ezdan Chairman Donates Shares Valued at $3.8 Billion

Ezdan Real Estate Co. QSC’s Chairman Sheikh Thani bin Abdullah Al Thani, a member of the Qatari ruling family, donated 605 million shares worth 13.98 billion riyals ($3.8 billion) in the Middle East and Africa’s largest property developer to Islamic charity.

Rajaratnam's Team Has Hollywood Pedigree; Jury Pool Has Excuses

Raj Rajaratnam ’s defense team should play up their client’s lack of intent during his insider-trading trial, now entering its second day, according to a jury expert not involved in the case.

UDR Buys Five-Tower Apartment Complex in NYC With MetLife

UDR Inc., the third-largest publicly traded U.S. apartment owner, and MetLife Inc. bought a five- tower apartment complex on Manhattan’s Upper West Side for about $630 million.

Peter Malkin

New York

Tumblr’s 26-Year-Old Founder Celebrates $1.1 Billion Deal

U.S. Stocks Fluctuate as Investors Weigh Stimulus Timing

Yahoo Buys Tumblr for $1.1 Billion in Mayer's  Biggest Deal

S&P 500 Slips From Record as Yen Rebounds, Silver Gains

Gold Reboundd After Moody’s Says U.S. May Face Downgrade