THE DONALD PICKS UP WHERE KING KONG LEFT OFF
Donald Trump scored 50 percent of the Big Apple's Empire State Building--without putting up any cash. In return for equity financing and the Donald's singular real estate expertise, NS America handed over halfthe shares for the famous building, which the company bought last October for $45 million. The move is rumored to have further inflamed the ongoing Trump-Helmsley rivalry, as Harry Helmsley currently runs the group representing the Empire State's leaseholders. Trump criticized the management of the building and promised to re-establish the landmark as a world-class real estate possession.parparparpar
Most Popular »
- How Cash Keeps Poor People Poor
- E.T. Turns 30: 10 Things You Didn't Know About Our Favorite Extraterrestrial
- 15-Year-Old Creates Test for Pancreatic Cancer
- Nevada Ghosts: Rare Photos From an A-Bomb Test
- Fourth Flesh-Eating-Bacteria Case Confirmed in Georgia, Possible Fifth
- Euro Crisis: Why A Greek Exit Could Be Much Worse Than Expected
- 10 Dangerous Products You Might Have in Your Home
- Could a Fertility Gene Discovery Lead to New Male Contraception?
- Star Wars Turns 35: How TIME Covered the Film Phenomenon
- Obama Stumbles? Why the President's Right to Talk About Bain
- Researchers Probe the Potential Health Benefits of Palm Oil
- A Visit with Turkey's Controversial Religious Movement
- Feeding the Planet Without Destroying It
- Bubble on the Potomac
- Falcon's Liftoff: How a Private Firm Could Change Space Exploration
- The Fatal Flight of the Superjet 100: Why Did It Slam Into a Mountain?
- Learning That Works
- The Man Who Remade Motherhood
- Bibi's Choice
- Seoul: 10 Things to Do
More News from Our Partners
Top Stories on TIME.com
Quotes of the Day »
RAY KELLY, New York City Police Commissioner, on the arrest of a New Jersey man in one of the nation's most baffling missing-children cases, the disappearance more than three decades ago of 6-year-old Etan Patz.
