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Monday, April 29, 2013

Lawsuit seeks to halt Empire State Building IPO - Apr. 29, 2013

NEW YORK (CNNMoney)

One of the world's most iconic buildings is the subject of a court fight this week over a possible initial public offering.

Minority owners of New York's Empire State Building want a state judge to block a proposal that would roll the skyscraper and 17 other Manhattan buildings into a common ownership group known as a real estate investment trust, or REIT.


Lawsuit seeks to halt Empire State Building IPO - Apr. 29, 2013

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