Source: Click here DEFA14A 1 d329122ddefa14a.htm SOLICITING MATERIAL UNDER RULE 14A-12 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant x Filed by a Party other than the Registrant ¨
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¨ Preliminary Proxy Statement¨ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))¨ Definitive Proxy Statement¨ Definitive Additional Materialsx Soliciting Material Under Rule 14a-12 EMPIRE STATE BUILDING ASSOCIATES L.L.C.(Name of Registrant as Specified in Its Charter)(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)Payment of Filing Fee (Check the appropriate box):x No fee required.¨ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies:
(2) Aggregate number of securities to which transaction applies:
(3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
(4) Proposed maximum aggregate value of transaction:
(5) Total fee paid: ¨ Fee paid previously with preliminary materials:¨ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the form or schedule and the date of its filing. (1) Amount previously paid:
(2) Form, Schedule or Registration Statement No.:
(3) Filing Party:
(4) Date Filed:
On April 4, 2012, Malkin Holdings L.L.C., the supervisor of Empire State Building Associates L.L.C. (the “Registrant”), mailed the following letter to each of the participants in the Registrant, 60 East 42nd Street Associates L.L.C., and 250 West 57thStreet Associates L.L.C., respectively:
April 4, 2012
To Participants in Empire State Building Associates L.L.C., 60 East 42nd St. Associates L.L.C., and 250 West 57th St. Associates L.L.C.
Dear Fellow Participant:
This is an update from our March 16 letter.
Since our submission of the preliminary Form S-4 to the SEC, we have received the first round of comments. We have clarified questions with regard to those comments and are now preparing responses which we expect to submit within the next few weeks.
• the documents we have in review now are preliminary,
• SEC review and comment is a customary process for the consent we plan to solicit and will proceed for a few months, and
• before we can present you with a document to request your consent, the SEC must complete its review and declare our Form S-4 “effective.”
General Overview of the Process
We have already received the necessary consent of 20 different entities which we plan to consolidate into one new company, Empire State Realty Trust, Inc. Our present submission to the SEC covers positions owned by three LLCs which own interests in three properties for which each operating lessee has previously consented.
We intend to structure this new company as what is known as a Real Estate Investment Trust, or REIT. There are many details and much information set forth in our preliminary filing. While the filing is not final, it gives good insight into how we see the history and present situation of these properties and ownership groups and why we suggest certain actions for the future.
There will most likely be several additional preliminary filings generated in response to SEC comments, each of which will be publicly available on the SEC’s website at www.sec.gov, but only the SEC-declared “effective” documents can be submitted to you for vote, and only they will represent our final recommendation.
We anticipate that it will be several months before the SEC will declare our Form S-4 “effective” and our plans can move forward to solicit your consent to include your LLCs in the consolidation. Under the consents we have received to date, we must close the consolidation and conclude the initial public offering and listing of the Class A common stock on the New York Stock Exchange (or another national securities exchange) no later than December 31, 2014.
We hope this overview of the status of the consolidation process is helpful. We remain focused on the operation of all the properties which we supervise. This is a very visible transaction, and you are bound to hear and read many things before we have “effective” documents to share with you. Only the final documents we send to you determine the time and present the facts and the decisions you need to make.
We look forward to communicating with you further in the weeks and months ahead.
MALKIN HOLDINGS LLC
/s/ Peter L. Malkin
/s/ Anthony E. Malkin
Peter L. Malkin Anthony E. Malkin Chairman President This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
Each of the three public entities, Empire State Building Associates L.L.C., 60 East 42nd St. Associates L.L.C., and 250 West 57th St. Associates L.L.C. (the “Companies”) and their agents, supervisor and officers, and the Empire State Realty Trust, Inc’s (the “REIT”) officers and director may be deemed to be participants in the solicitation of consents in connection with the proposed consolidation. The names of such persons and a description of their interests in the Companies and the REIT are set forth, respectively, in each Company’s Annual Report on Form 10-K for the year ended December 31, 2010 and the Registration Statement on Form S-4 of the REIT, which have been filed with the SEC.
We urge you to review the Registration Statement on Form S-4 of the REIT and other related documents now filed or to be filed with the SEC, because they contain important information. You can obtain them without charge on the SEC’s website at www.sec.gov.