This is a website by fifty year participant investors in Empire State Building Associates L.L.C.
owner of the Empire State Building.
Empire State Building Ownership
Next: Click Here to get the details
5/21/13 Letter from ESBA investor Kovacs click here
5/18/13 New ESBA court filing Stay Pending Appeal click here
5/15/13 SEC filing by Malkin Holdings:
"Any decision on their appeal itself could take many months. The supervisor cannot predict the timing or outcome of an appeal process or any related relief, if such appeal were successful. If the court’s decision were reversed by the appellate court, there is a risk that it could have a material adverse effect on the company."
How to Vote No to REIT click here
3/14/13 Ex-Wien Partner second letter to ESBA Investors urging No Vote to REIT.
Click here:
3/3/13 Ex-Wien Partner writes to owners 'Vote No to REIT'.
Click here: for letter to ESBA Investors and SEC
2/25/13: Early Voting feedback. Large numbers of ESBA Investors not sending in ballots. Same as
Voting No.
12/12/88 Lawrence A. Wien, 83, Is Dead; Lawyer Gave Millions to Charity
Picture of Box with 2,000 pages of SEC REIT Voting Information sent to ESBA Investors
Click here:
3/3/13 Ex-Wien Partner writes to owners 'Vote No to REIT'.
Click here: for letter to ESBA Investors and SEC
2/25/13: Early Voting feedback. Large numbers of ESBA Investors not sending in ballots. Same as
Voting No.
12/12/88 Lawrence A. Wien, 83, Is Dead; Lawyer Gave Millions to Charity
Picture of Box with 2,000 pages of SEC REIT Voting Information sent to ESBA Investors
Empire State Building Discounted Cash Flow Exhibit 99.59 click here
News Stories
April 30, 2013
New York Times: A Nasty, Epic Real Estate Battle With Stakes 102 Stories High
April 26, 2013
Bloomberg: Empire State Building IPO Plan Nears Pivotal Test
April 15, 2013
WSJ: A Yen for Yield Could Rock U.S. REIT
April 9, 2013
ABCnews.go.com: Empire State Building IPO Would Sell Landmark to Public
March 22, 2013
Wall Street Journal: Empire State Building Owners Spar Over IPO Plan
Businessweek: Empire State Building IPO Deadline Pushed Past Next Week
February 28, 2013
The Real Deal: Perils of Going Public. In a controversial move, Tony Malkin is gearing up
to issue an IPO for the city's most iconic building. Can he pull it off?
February 20, 2013
Businessweek: Grand Central Owner Opposes IPO of Empire State Building
February 19, 2013
Reuters: Empire State Building investors cool to MacKenzie Capital offer
January 30, 2013
Times of London: Investors block Empire State Building float
January 29, 2013
Wall Street Journal: Empire State Building IPO Faces Another Potential Setback
Reuters: Empire State Building investors go to court to stop deal
Businessweek: Empire State Building Investors Seek to Block Settlement
Bloomberg: Empire State Building REIT
The Real Deal: Empire State Bldg investors decry IPO settlement
January 22, 2013
Reuters: Empire State Building investors to vote on REIT proposal
December 28, 2012
Bloomberg: Empire State Building IPO Vote Can Proceed, SEC Says
September 7, 2012
Sun Sentinel: South Florida small investors hold key to Empire State Building's future
September 5, 2012
Bloomberg TV: ESB Investors against IPO "small investors ain't so dumb after-all"
click here for tv news story
August 30, 2012
Business Week: The Tangled Tale Behind the Empire State Building's IPO
August 24, 2012
Dow Jones Financial News: Empire State Building faces float fight
August 21, 2012
August 13, 2012
Wall Street Journal: Income to Soar for Empire State Building
Reuters: Empire State Building expects income to double in three years
(including news websites for CNBC, MSN and Chicago Tribune)
July 17, 2012
Reuters: Empire State Building investors dig in against REIT plan
Wall Street Journal: Unlikely Gadfly Buzzes Tower's IPO
May 31, 2012
Bloomberg Professional - Helmsley Estate Driving Empire State Building IPO, Malkins Say
May 8, 2012
Wall Street Journal: Tax Terms Amended in Empire State Building IPO (1,740 news websites)
Reuters: Empire State Building IPO change may help pay tax (16,900 news websites)
April 11, 2012
Reuters: Empire State Building paid $10 million for REIT fees (14,600 news websites)
April 9, 2012
Wall Street Journal: Empire State Owners Go Ape Over IPO Tax Issue (20,000 news websites)
Reuters: Empire State Building IPO could bring big tax bill (18,800 news websites)
Associated Press (AP): Empire State IPO Setup Rankles Investors (15,800 news websites
including Washington Post, Bloomberg, CBS, ABC, NBC, Miami Herald)
This website is not affiliated with Malkin Holdings LLC , Empire State Building Associates LLC
or Empirestaterealtytrust.com
1961: EMPIRE STATE BUILDING ASSOCIATES
Empire State Building Associates, New York, today filed a registration statement seeking registration of $39,000,000 Participations in General Partnership Interests in Associates, a partnership consisting of Lawrence A. Wien, Henry W. Klein and Peter L. Malkin.
The Participations will be offered for public sale in $10,000 units.
Associates has contracted to purchase the Empire State Building in New York and the ground lease of the land underlying the building. The contract price is $65,000,000, and a $4,000,000 deposit has been made thereunder. The contract is scheduled for closing on December 27, 1961. Various other expenses and Read More Here:
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Empire State Building Associates, New York, today filed a registration statement seeking registration of $39,000,000 Participations in General Partnership Interests in Associates, a partnership consisting of Lawrence A. Wien, Henry W. Klein and Peter L. Malkin.
The Participations will be offered for public sale in $10,000 units.
Associates has contracted to purchase the Empire State Building in New York and the ground lease of the land underlying the building. The contract price is $65,000,000, and a $4,000,000 deposit has been made thereunder. The contract is scheduled for closing on December 27, 1961. Various other expenses and Read More Here:
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