Helmsley Trust Selling Midtown Office Buildings

– The Helmsley Charitable Trust has divested itself of its final two properties in New York, receiving $200 million for them from the Malkins’ Empire State Realty Trust. Established by the late hotelier, More...

Steven Witkoff and Hong Kong Partner Buy New York’s Helmsley Park Lane Hotel For $660 Million

– Steven Witkoff / Getty – The Witkoff Group announced on Tuesday that it had closed a deal to acquire the Helmsley Park Lane Hotel,  which directly faces Central Park at 36 Central Park More...

Empire State Building Litigation A Never Ending Story

– A new law suit by dissident shareholders of the Empire State Realty Trust has just been filed in a New York Court, according to a report by Bloomberg, essentially alleging coercion in forcing them More...