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Empire State Building owner raises $929.5 mn in IPO

New York City's iconic Empire State Building has went public as part of a real estate trust traded for the first time on the New York Stock Exchange.

Empire State Building owner files for $1 billion IPO

Empire State Realty Trust, owners of the iconic Empire State Building, filed to sell up to USD 1 billion of its Class A common stock, giving ordinary investors a chance to own a piece of the skyscraper that has been fought over by billionaires.