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Another Investor Sues to Stop Sale of Empire State Building

Another investor is suing to stop the public sale of the Empire State Building, marking the second time in a week that investors have gone to court to halt the process.
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Empire State Realty Trust sued over REIT plan

United States / New York : Crain's New York Business

(Bloomberg) - Empire State Realty Trust Inc., the company that controls the Empire State Building, was sued by an investor over its plan to become a real estate investment trust and sell shares on the New York Stock Exchange. The co...

Judge nixes suit over Empire State Building IPO

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A judge says thousands of onetime investors in the Empire State Building can't sue over their claims they were shortchanged by the deal that turned the iconic skyscraper into a public stock. A... To view the full story, click the ti...

Empire State Building IPO opponents lose challenge

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Investors opposed to a deal to take New York's iconic Empire State Building public failed to persuade a state court judge to declare illegal a plan to buy them out for $100 a share. State Supreme Court Justice O. Peter Sherwood in M...

Empire State Building's managers face new investor suit

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The Empire State Building's managers were accused in a new lawsuit filed in federal court in Manhattan of defrauding investors when the New York skyscraper was taken public. Similar suits in state... To view the full story, click th...

Empire State Building IPO Faces Another Potential Setback

Business & Finance : Deal Journal - WSJ.com

In another potential setback to the public sale of the Empire State Building, a group of investors late Monday asked a New York court to block a class action settlement that had paved the way for investors to vote on the sale.

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