Articles tagged “empire state building”

Empire State Building Managers Hit With Second Lawsuit Over IPO

Chris Dolmetsch and David Levitt, Bloomberg

This latest lawsuit has little to do with the Empire State Building as a tourist attraction and is all about some investors who felt that going the IPO route with the office buildings was not the most advantageous deal.

Empire State Realty Makes Small Gain in First Day of Trading

David M. Levitt, Bloomberg

The Empire State Building hit the market at a particularly tumultuous time, but office space is one of the most stable markets, especially in New York City's midtown where the tech sector continues to grow.

The two different $2 billion unsolicited bids to buy the Empire State Building

Reuters

Empire State Building’s IPO to finally move forward, after investors approve

Reuters

Empire State Building group’s IPO cleared by judge

Associated Press

As the IPO nears, it is a rare chance for the public to own shares in one of the most iconic tourist landmarks on the planet.

Empire State Building’s new lamps give it a new hue, amidst strong competition

With new competition coming up all around, including new World Trade Centre, new Bank of America tower displays and new skyscraper on west side rivaling the views, ESB had to move, and it does look much brighter and technicolor now.

Empire State Building group moves one step closer to $1 billion IPO

Dennis Schaal, Skift

The IPO is essentially a real estate deal. But tourism accounts for a huge chunk of the Empire State Building's revenue and it could be a beneficiary of the transaction.