who is the owner of empire state building
Empire State Building As of 2014[update] the building is owned by the Empire State Realty Trust with Anthony Malkin as Chairman, CEO, and President.[229] Details on the trust's profits are scarce, but it is known that significantly more revenue was earned from tourism than from leasing the office space in 2011.[230] In August 2016, the Qatar Investment Authority (QIA) obtained a 10% share in the Empire State Building through a $622 million investment in the Empire State Realty Trust. The trust's president John Kessler called it an "endorsement of the company's irreplaceable assets".[231] The investment has been described by the real-estate magazine The Real Deal as "an unusual move for a sovereign wealth fund", as these funds typically buy direct stakes in buildings rather than real estate companies.[232] Other foreign entities that have a stake in the Empire State Building include investors from Norway, Japan, and Australia.[231]
One World Trade Center The building's architect was David Childs, whose firm Skidmore, Owings & Merrill (SOM) also designed the Burj Khalifa and the Willis Tower. The construction of below-ground utility relocations, footings, and foundations for the new building began on April 27, 2006. One World Trade Center became the tallest structure in New York City on April 30, 2012, when it surpassed the height of the Empire State Building. The tower's steel structure was topped out on August 30, 2012. On May 10, 2013, the final component of the skyscraper's spire was installed, making the building, including its spire, reach a total height of 1,776 feet (541Â m). Its height in feet is a deliberate reference to the year when the United States Declaration of Independence was signed. The building opened on November 3, 2014;[2] the One World Observatory opened on May 29, 2015.[3]