Pending a final hearing on May 2, a New York County Supreme Court judge has given his preliminary approval for Malkin Holdings’ plan to convert ownership in the Empire State Building (and 18 other properties) into a publicly traded real estate investment trust.
Tag Archives | New York County Supreme Court
Plans to Launch Empire State Building-Backed REIT Challenged in New York County Supreme Court
A lawsuit challenging Malkin Holdings’ plans to launch a publicly traded REIT could impact its efforts to implement advanced building technologies across a broader range of New York City commercial office buildings.