New York’s family-controlled Empire State Building – the skyscraper immortalised in films such as King Kong and Sleepless and Seattle – is set to be publicly listed as part of a real estate investment trust priced upwards of $1 billion (€740 million).
According to a regulatory filing made on Thursday, the Empire State Realty Trust, controlled by Malkin Properties, plans to launch an initial public offering of 71.5 million shares at $13 to $15 apiece.
