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NEW YORK CITY-The dispute between Peter Malkin and Leona Helmsley has come to a conclusion. The dispute, which eventually saw Wien & Malkin and Helmsley-Spear enter the courts and has dragged on for years, includes the venerable Empire State Building, as well as a handful of other large buildings that Malkin and Helmsley have owned, managed or had some part of.
The main component of the deal is management control of the Empire State Building but also includes nine other buildings. Management of the building will be by Empire State Building Co. directly.
CB Richard Ellis will be the marketing lead for Empire State Building Co.'s repositioning of the 2.7-million-sf tower, and will feature marketing campaigns for both office and retail space.
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