Empire State Building IPO clears NY legal hurdle

Associated Press
Empire State Building IPO clears NY legal hurdle

This Tuesday, April 30, 2013 photo shows New York's Empire State Building in midtown Manhattan. A legal challenge to an ambitious plan to let the public buy shares in the famous landmark was cast aside on Tuesday in a ruling by a Manhattan judge. Real estate magnates Peter Malkin and his son Anthony are seeking to offer the public shares in their commercial holdings in the New York City area, including the 102-story landmark completed in 1931. (AP Photo/Peter Morgan)

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