Mortgage Banking

Making sense of commercial real estate finance.

Buying the Empire…

Posted by Jordan Crouch on May 21, 2008

…State Building. I recently finished reading Empire: A Tale of Obsession, Betrayal, and the Battle for an American Icon about the Empire State Building and its many transfers of ownerships. It’s a fascinating read about one of the most well known buildings in the world. At one point the ground is owned by one entity, the building is owned by a second entity and master leased to a third entity. How that ownership structure transpired and what each entity did to try to get the other “parts” of the property is what makes this a great story.

Thanks to Dirt Attorney for mentioning the book on his blog a few weeks ago.

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One Response to “Buying the Empire…”

  1. Pretty interesting stuff, huh? Glad you liked it.

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