ESB becomes a hot property

While the Empire State Building has always been a tourist draw, until recently, its commercial space was not in high demand. Now, however, the Wien & Malkin-managed skyscraper is “in the forefront of everyone’s radar when looking in that area,” according to a broker. Interest in the building comes as Wien & Malkin spend $400 million on capital improvements to the property, reconfiguring its office layouts and carving out larger spaces. more [Post]