Empire State Building Feud Heads to Court
OtherOwnership of New Yorkโs 102-story landmark will be battled out in court this week. New York real estate investors Peter L. Malkin and Anthony E. Malkin control the tower but are minority owners. They are nearing a dealโvalued at $5.2 billionโthat would offer them public shares in 19 properties, including the Empire State Building, The New York Times reports. The Malkins have gone on an investor-by-investor appeal, persuading about 75 percent of the buildingโs approximate 3,000 stakeholders so far to […]