Empire State Realty Trust Inc. (ESB), whose properties include Manhattan’s Empire State Building, filed to raise as much as $1.07 billion as it proceeds with one of the largest initial public offerings of a U.S. real estate investment trust.
The company, based in New York, plans to offer 71.5 million shares for $13 to $15 each, according to a regulatory filing yesterday. It expects to list on the New York Stock Exchange under the symbol ESRT...