Empire State Building REIT could raise $1.07B in IPO.

Empire State Realty Trust, which includes the Empire State Building as its centerpiece property, has set an IPO range of $13-15. With Empire State planning to sell at least 71.5M shares on the NYSE, it could raise up to $1.07B, putting it in the top three for REIT debuts. There is also a greenshoe option for 10.725M shares. Empire State Realty Trust plans to set the final price on October 1.