2nd October 2019

therealdeal
12

What is the value of the Empire State Building?

The Empire State Building has officially transferred over to the nascent Empire State Realty Trust for $1.89 billion — a far cry from the $2.2 billion and more that investors such as Joseph Sitt and Rubin Schron offered for the iconic tower before it was packaged into the real estate investment trust.

Herein, how much does it cost to buy the Empire State Building?

The Empire State Building was "officially transferred over to the nascent Empire State Realty Trust for $1.89 billion" in October 2013. http://therealdeal.com/blog/2013 So, we know it's worth at least that.

Is it free to go to the Empire State Building?

Military personnel in uniform and children 5 and under are free, but all other visitors require a ticket. You can purchase Empire State Building tickets in advance, on-site or as part of a New York City attraction pass.

How many years did it take to build the Empire State Building?

It is located on Fifth Avenue between 33rd and 34th Streets in Manhattan. The Empire State Building took only one year and 45 days to build, or more than seven million man-hours. There are observatories on both the 86th and 102nd floors.
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