Empire State Building Gets $2 Billion Offer

Rubin Schron, a New York real estate investor, offered to buy the Empire State Building for $2 billion in cash as the skyscraper’s supervisor prepares to make it the centerpiece of an initial public offering.

Schron’s company, Cammeby’s International, submitted the bid yesterday to the attorney for Malkin Holdings LLC, which sparred with a minority of investors over its plan to consolidate the iconic tower and 20 other properties into a real estate investment trust. Schron, a partial owner of lower Manhattan’s Woolworth Building, would make a non-refundable deposit of $50 million when a contract is signed and complete the deal within 90 days, according to a letter by Stephen Meister, a lawyer representing opponents of the IPO.