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SEC Clears Empire State Building REIT Plan

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    FBN’s Adam Shapiro on the SEC approving plans to include the Empire State Building in a REIT.

  • Duration 0:56
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I'm Adam Shapiro with the -- plus business -- it's another down day for Wall Street his failure to resolve the budget negotiations in Washington worries investors but stocks have erased most of their losses.

Just in the past hour or so on news that House of Representatives.

We'll reconvene Sunday at 6:30 PM eastern right now the Dow is making a fighting chance down only fifteen points.

After nearly four years on the job Environmental Protection Agency administrator Lisa Jackson is resigning she's expected to leave after the State of the Union Address in January.

And the Empire State Building is one step closer to going public the management of the iconic skyscraper.

Has been given the go ahead by the Securities and Exchange Commission to allow that building to be included.

In a proposed real estate investment trust empire state real teeth filed in February to raise as much as one billion dollars in an initial public offering we.