I believe the title refers to the Empire State Building in New York City which is (or was) owned by the Malkin family. It seems like this song alludes to the inequity of the people on the streets to the people who live and work in these skyscrapers. There is also an irony in the fact that these buildings were built by the wealthy to keep themselves further away from the common man, but they were built with blood and sweat of the common man.
I believe the title refers to the Empire State Building in New York City which is (or was) owned by the Malkin family. It seems like this song alludes to the inequity of the people on the streets to the people who live and work in these skyscrapers. There is also an irony in the fact that these buildings were built by the wealthy to keep themselves further away from the common man, but they were built with blood and sweat of the common man.