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Always just north of Madison Square Park on 5th Avenue between 33rd and 34th Street is one of the most recognizable buildings in the world, the Empire State Building. And we learn through filings last week that the building will be included as part of what looks to be a billion dollar IPO of a REIT (Real Estate Investment Trust) that will trade on the New York Stock Exchange (ticker: ESB). The REIT will reportedly include the Empire State Building and 11 other buildings. So yes, you will be able to own a piece of the Empire State Building. (Please see the SEC filings for all details or talk to a financial adviser.)

Read more at www.businessweek.com/news/2012-02-14/empire-state-building-owners-file-1-billion-ipo-reit-plan.html.

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