Empire State Building Gets Another $2B Offer

Law360, New York (June 26, 2013, 3:18 PM EDT) -- The owners of the Empire State Building have received yet another offer for the iconic skyscraper as it edges closer to being rolled into a real estate investment trust and taken public, with an unnamed would-be buyer bidding $2.1 billion.

The new offer and last week's surprise $2 billion bid from New York real estate mogul Rubin Schron were announced in a regulatory document filed Monday by Empire State Building owner Malkin Holdings LLC. It wasn't immediately clear who is behind the new bid.

"We are reviewing the offers and their terms," Malkin said a letter to investors. "We consider all...

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