Welcome to our dedicated page for Empire St Rlty Tr news (Ticker: ESRT), a resource for investors and traders seeking the latest updates and insights on Empire St Rlty Tr stock.
Empire State Realty Trust, Inc. (ESRT) delivers Manhattan-focused commercial real estate insights through this comprehensive news hub. Access official press releases and curated analysis covering leasing activity, portfolio enhancements, and market leadership in New York's iconic properties.
Investors and analysts will find timely updates on earnings reports, strategic acquisitions, and sustainability initiatives across ESRT's 14.1 million square foot portfolio. Track operational milestones for landmark assets including the Empire State Building and emerging Class A office spaces.
This resource consolidates essential updates on tenant expansions, energy efficiency programs, and leadership developments. All content undergoes strict verification to ensure compliance with financial reporting standards.
Bookmark this page for direct access to ESRT's evolving market strategy in one of the world's most competitive real estate landscapes. Regular updates provide critical insights for evaluating this vertically-integrated REIT's performance.
Empire State Realty Trust (NYSE: ESRT) has released its 2024 Sustainability Report, highlighting significant achievements in environmental stewardship and corporate responsibility. The report showcases the company's leadership in sustainability and energy efficiency across its commercial and multifamily portfolio.
Key accomplishments include:
- Publication of the 'Empire Building Playbook' for multifamily buildings
- Ranked first among Listed Companies in the Americas by GRESB for second consecutive year
- 100% portfolio WELL Health-Safety Rating and Leadership Award
- 2024 International TOBY Earth Award for the Empire State Building
- Fitwel Champion status with 82% of portfolio certified
- 100% ENERGY STAR certification for NYC commercial office portfolio
The company also maintained its Certified™ Great Place to Work® recognition, demonstrating its commitment to both environmental and social responsibility.
Empire State Realty Trust (NYSE: ESRT) has secured a significant lease agreement with Carolina Herrera, a luxury fashion house and Puig Brands subsidiary, at 501 Seventh Avenue in New York City. The deal encompasses a 34,000-square-foot expansion and renewal in the Fashion District.
The modernized midtown Manhattan office building offers strategic advantages including proximity to Penn Station, Madison Square Garden, and various amenities. The property features efficient floor plates, a new rooftop lounge, and access to shared campus facilities including a Town Hall conference space at 1400 Broadway and an upcoming outdoor rooftop lounge at 1333 Broadway.
The building houses diverse retailers including Chipotle, Le Café, Club Pilates, A Cut Above, and Chop & Go. The lease negotiations were handled by CBRE representing Carolina Herrera, while ESRT and Cushman & Wakefield represented the property owner.
Empire State Realty Trust (NYSE: ESRT) has announced that Workday, Inc. has signed a renewal and expansion lease at the Empire State Building. The finance and HR technology company will add 12,338 square feet to their existing space, bringing their total occupancy to 39,069 square feet.
This marks Workday's third expansion with ESRT since their initial lease at One Grand Central Place in 2015. The Empire State Building offers modern office spaces with premium amenities, including 65,000 square feet of facilities such as eight dining options, a tenant-only fitness center, conference center, and the Empire Lounge featuring a 400-person all-hands space, basketball/pickleball court, and golf simulators.
Empire State Realty Trust (NYSE: ESRT) has secured a significant lease renewal with Gerson Lehrman Group (GLG) at One Grand Central Place. The renewal encompasses 77,382 square feet across two full floors overlooking Vanderbilt Plaza. GLG, a financial and global information services consulting company, has been part of ESRT's portfolio since 2013.
One Grand Central Place is a 55-story modernized office building featuring premium amenities and strategic location advantages, including direct access to Grand Central Terminal's transportation hub with commuter trains, five subway lines, and LIRR access via Grand Central Madison. The building's location provides convenient access to New York City's premier restaurants, lodging, and entertainment venues.
Empire State Realty Trust (ESRT) has been awarded the 2024 IWBI WELL Health-Safety Leadership award for prioritizing building occupant health across its entire portfolio. The company has maintained the WELL Health-Safety Rating for all properties since 2020, making it the first portfolio in the Americas to achieve and maintain WELL Certification.
ESRT's 2024 achievements include:
- Five Stars and an A rating from GRESB
- Highest GRESB score among Americas' Listed Companies for second consecutive year
- ENERGY STAR Sustained Excellence Award for second consecutive year
The WELL Health-Safety Rating verifies buildings for operational excellence through air and water quality, cleaning procedures, emergency preparedness, health resources, and stakeholder engagement. CEO Tony Malkin emphasized ESRT's leadership in energy, sustainability, and indoor environmental quality performance, highlighting the measurable value delivered to tenants and investors.
Empire State Realty Trust (NYSE: ESRT) has scheduled its first quarter 2025 financial results announcement for Tuesday, April 29, 2025, after the NYSE market close. The company will host a conference call on Wednesday, April 30, 2025, at 12:00 p.m. Eastern Time, where company officers will discuss Q1 performance and conduct a Q&A session.
The earnings release, supplemental materials, and investor presentation will be accessible on the company's website prior to the call. Investors can access the live webcast through ESRT's website and participate via telephone using domestic (1-877-407-3982) or international (1-201-493-6780) numbers. A replay will be available until May 07, 2025.
Empire State Realty Trust (NYSE: ESRT) has announced its participation in Citi's 30th Annual Global Property CEO Conference. The company's Chairman and CEO Anthony E. Malkin, along with President Christina Chiu, will deliver a presentation on Monday, March 3, 2025, at 10:15 AM Eastern time.
Investors can access a live audio-webcast of the roundtable discussion in listen-only mode through the Investor Relations section of esrtreit.com. The webcast recording will remain available for replay until March 3, 2026.
The Empire State Building has announced its Valentine's Day 2024 celebrations, featuring several romantic experiences. The centerpiece is the exclusive 'Empire for Two' package, a $20,000 once-in-a-lifetime date night offering a private three-course dinner with wine pairing on the 102nd Floor Observatory, complete with live music and exclusive access to the building's attractions.
Additional Valentine's offerings include a special screening of 'Sleepless in Seattle' on the 80th Floor, the 'Happily Ever Empire' proposal package with private Observatory access and champagne, and a Baked by Melissa pop-up cart operating from Feb. 5-23. The building will feature its traditional pink heartbeat lighting display on February 14.
Recently voted the #1 attraction worldwide in the 2024 Tripadvisor Travelers' Choice Awards, the Observatory underwent a $165 million renovation featuring nine new gallery spaces and an enhanced 102nd Floor Observatory experience.
Empire State Realty Trust (NYSE: ESRT) has disclosed the tax treatment of its Class A common stock distributions for 2024. The company distributed a total of $0.140 per share throughout the year, paid in four equal quarterly installments of $0.035 per share.
The distributions were classified as follows:
- 100% as Ordinary Dividends (Box 1a)
- 0% as Qualified Dividends (Box 1b)
- 0% as Nondividend Distributions (Box 3)
- 100% qualifies as Section 199A Dividends (Box 5)
The payments were made on March 28, June 28, September 30, and December 31, 2024, with respective record dates of March 15, June 14, September 16, and December 16, 2024.
Empire State Realty Trust (NYSE: ESRT) has announced its schedule for the fourth quarter 2024 financial results release and conference call. The company will release its Q4 2024 financial results on Wednesday, February 19, 2025, after the NYSE market close. A conference call will follow on Thursday, February 20, 2025, at 12:00 p.m. Eastern Time.
During the call, company officers will review quarterly performance, discuss recent events, and hold a Q&A session. Financial materials, including the earnings release, supplemental information, and investor presentation, will be available on the company's website prior to the call. The conference call will be accessible via webcast through ESRT's website, with replay available for 7 days afterward.
FAQ
What is the current stock price of Empire St Rlty Tr (ESRT)?
What is the market cap of Empire St Rlty Tr (ESRT)?
