Empire State Building REIT Plan Wins Shareholder Approval

Law360, New York (September 19, 2013, 1:31 PM EDT) -- Malkin Holdings LLC can go ahead with its plan to roll the Empire State Building up into a public real estate investment trust after receiving 100 percent of the votes necessary to file an initial public offering, according to a regulatory document filed Wednesday.

The filing, submitted by a group of participant investors in the iconic building known as Empire State Building Associates LLC, comes amid multiple rumors that the REIT roll-up and IPO could commence as early as this week.

“The company has now received...
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