Yeah, I agree unless you must have automatic.
If that's a photo of your actual Empire, it appears to be in wonderful condition.
Empires are much sought after and are excellent turntables.
Your's is a model 208 basically and the arm installed makes it a model 298.
1019s are good too (I have one) but the Empires are just...well... something special and historic.
Just google "Empire turntable" and you'll see.
EDIT: Oops, I forgot one of your options is to keep both. That's what I would do.