Among New York’s landmark buildings, Anthony Malkin assures that the Empire State Building remains of singular importance. When the city or developers or even his own tenants encroach on ESB’s position in the skyline, Mr. Malkin ferociously defends the building and its special place in the consciousness of New York.
As president of Malkin Holdings, Mr. Malkin controls more than 10 million square feet of commercial property in New York, including the Empire State Building’s colossal 2.91 million. As a third-generation real estate legacy (Mr. Malkin’s grandfather Lawrence Wien was partner and best friend to real estate legend Harry Helmsley), the grandson mastered some of the diplomacy needed to succeed in New York’s roughest bloodsport (he was quoted telling The New York Times that the famously mean Leona Helmsley “always kept things interesting”).
Despite his long tenure in the trenches, Mr. Malkin is a product of the modern era. In 2009, he began a “green retrofit” initiative to make the ESB more environmentally friendly. The project, part of a larger, $550 million building makeover, reduced energy consumption by nearly 40 percent and eliminated over $2 million in annual operating costs. Mr. Malkin’s efforts significantly reduced New York’s carbon emissions, and continue to ensure the Empire State Building and its renowned floodlights remain the anchor of New York’s skyline.