It would appear that all may not be running smoothly with plans to float New York’s iconic Empire State Building, once the world’s tallest skyscraper.

A recent story on The Wall Street Journal's Developments blog 

 cited documents filed with the US Securities and Exchange Commission this month that predicted the building's net operating income is projected to rise to $160.6m in June 2015, up from $76.8m in June this year.

Plans are forging ahead for the initial public offering of the iconic New York skyscraper, but not all investors are keen

Vivek Ahuja

Empire State Realty Trust

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Former Goldman Sachs executive Amar Kuchinad joins crypto firm Copper as CEO 

https://images.fnlondon.com/im-88462949?size=1.5

Former Goldman Sachs MD Amar Kuchinad joins crypto firm Copper as CEO

Dmitry Tokarev has stepped back from his role as chief executive after seven years

Kirkland loses regulatory partner to Paul Weiss 

https://images.fnlondon.com/im-68429219?size=1.5

Kirkland has been raided by Paul Weiss since it kicked off its English law offering last summer

BNP Paribas dealmaker McNaught departs in UK advisory shake-up

https://images.fnlondon.com/im-93271833?size=1.5

The French bank has added a further two managing directors amid reshuffle in UK deals team

The regulator’s former enforcement director becomes a partner at Milbank after three years pushing fines higher at the SEC.

SEC’s Grewal Moves to Wall Street After Turning Tough as Its Overseer

Inflation in the U.K. fell below the Bank of England’s 2% target in September for the first time in more than three years, making an interest-rate cut next month more likely.

U.K. Inflation Falls to Below BOE Target, Setting Up Rate Cut

The regulator said it is concerned that the part of the market that allows people to pay for insurance in installments might not be providing fair value to more than 20 million customers.

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Chinese stocks have gone from ice-cold to red-hot in a matter of weeks, but it might be driven by momentum rather than enough stimulus to solve China’s economic woes.

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Empire State Building faces float fight

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