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EMPIRE STATE REALTY TRUST (ESRT) Stock News

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Empire State Realty Trust, Inc. reports developments as a New York City-focused REIT with office, retail and multifamily assets and a separate Observatory business at the Empire State Building. Recurring updates include quarterly results, leasing and tenant amenity investments, NYC retail acquisitions and property financing, and capital recycling within its real estate portfolio.

The company's announcements also include Empire State Building Observatory programming, seasonal visitor experiences, health and safety certifications, energy efficiency and indoor environmental quality initiatives, and investor conference participation. These themes connect ESRT's real estate operations with the visitor-facing Observatory segment and its portfolio strategy in Manhattan and Brooklyn.

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Empire State Realty Trust (ESRT) entered an exclusive partnership with culinary platform Resident to host private chef-driven events across ESRT’s New York City properties.

The partnership grants Resident access to venues including the Empire Lounge at the Empire State Building, the Rooftop at 1333 Broadway, and the Townhall at 1400 Broadway. Resident will bring its network of celebrated chefs into these iconic spaces for private dinners, corporate events, and bespoke culinary experiences, which the companies describe as combining world-class cuisine with architecturally notable settings.

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Empire State Building Observation Deck (ESRT) is bringing back its themed Silent Disco Nights with four limited-capacity events on the 86th Floor Observation Deck.

Guests can dance 86 stories above New York City on select Saturdays from Sept. 19 through Oct. 17, from 9–11 p.m. Themes are Hispanic Heritage Month/Latin (Sept. 19), ’80s/’90s Throwbacks (Sept. 26), Hip-Hop/R&B/Rap (Oct. 3), and EDM (Oct. 17). Wireless LED headphones let attendees switch between Pop/Top 40, Hip-Hop, ’80s/’90s/Y2K, and Latin music channels guided by a live DJ.

Tickets start at $69 and include access to the immersive museum, the 86th Floor Observation Deck, and one pair of silent disco headphones.

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Empire State Realty Trust (ESRT) announced that the Empire State Building Observation Deck has launched a complimentary field trip request program for eligible New York City public and charter schools. The initiative offers free visits for groups of up to 50 guests, subject to availability and program terms, to connect classroom learning with the building’s history, architecture, engineering, sustainability, and skyline views.

The school trip program builds on the existing education center, developed with Bank Street College of Education, which provides free STEAM-aligned course materials for grades 3–5, 6–8, and 9–12. The Observation Deck, named the #1 Top Attraction in the U.S. in Tripadvisor’s 2026 Travelers’ Choice Awards, previously underwent a $165 million reimagination that added an interactive museum with nine galleries and an upgraded 102nd Floor Observation Deck.

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Empire State Realty Trust (NYSE: ESRT) declared a $0.035 per share dividend for the third quarter of 2026 for its Class A and Class B common stock and ESRO operating partnership units (Series ES – ESBA, Series 250 – FISK, Series 60 – OGCP, and Series PR). The board also approved third‑quarter cash dividends of $0.15 per unit on ESRO’s Series 2014 Private Perpetual Preferred Units and $0.175 per unit on its Series 2019 Private Perpetual Preferred Units. All dividends are payable on September 30, 2026, to stockholders and unitholders of record as of September 15, 2026.

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Empire State Realty Trust (NYSE: ESRT; NYSE Arca: ESBA, FISK, OGCP) reported Q2 2026 net loss of $(0.15) per fully diluted share, driven by a $166.1M non‑cash goodwill impairment at the Observatory, partially offset by a $124.6M gain on the $275M sale of 250 West 57th Street and $5.5M of severance. Core FFO was $0.21 per share.

Same-store property cash NOI rose 3.3% year-over-year but declined 3.2% after adjusting for $4.0M of non-recurring tax abatements. The commercial portfolio was 94.9% leased and 89.4% occupied; 381,799 square feet of commercial leases were signed with office cash spreads of +17.8%. The Observation Deck generated NOI of $12.4M amid reduced international tourism.

ESRT completed the 250 West 57th Street disposition and acquired the land under 111 West 33rd Street and 1400 Broadway for $110M. Liquidity totaled $0.5B, net debt to adjusted EBITDA was 6.6x, and the company added a $245M unsecured delayed draw term loan maturing 2032. ESRT paid a quarterly dividend of $0.035 per common share and updated 2026 Core FFO guidance to $0.75–$0.79 per share, down from $0.85–$0.89, assuming $55M of Observation Deck NOI with no visitation improvement.

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Empire State Realty Trust (NYSE: ESRT) signed a new office lease with Instacart for 26,134 square feet at 111 W. 33rd Street in the second quarter, and a 7,052 square-foot office lease with Hansa Biopharma early in the third quarter.

According to Empire State Realty Trust, these deals bring 111 W. 33rd Street to 100% leased. The company also reported that 1350 Broadway is now 100% leased, supported by 12 new transactions and expansions over the past 12 months, with only two large blocks remaining for 2026 at other properties.

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Empire State Realty Trust (NYSE: ESRT) announced a new office and retail lease with Infinium Wall Systems for 30,017 square feet at 1359 Broadway in New York City. Infinium, a U.S. manufacturer of glass office fronts and interior wall systems, selected 1359 Broadway for its flagship New York presence.

According to ESRT, 1359 Broadway is a fully modernized office and retail property in the Broadway Office Corridor, near major transit hubs. Artisan Alliance represented Infinium in the lease negotiations, while ESRT and Cushman & Wakefield represented the property owner.

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Empire State Realty Trust (NYSE: ESRT) announced that United Talent Agency will relocate its New York offices to the Empire State Building in July 2027. UTA has leased 100,948 square feet across four floors in the landmark tower for its diversified entertainment and advisory businesses.

The Empire State Building offers newly built office space with ESRT’s indoor environmental quality and sustainability measures, plus over 65,000 square feet of amenities including dining, fitness, conference facilities, sports courts, and golf simulators. ESRT noted two large remaining 2026 blocks at One Grand Central Place and 501 7th Avenue.

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Empire State Realty Trust (NYSE: ESRT), through the Empire State Building Observation Deck, introduced a new online-only Family Ticket Bundle for groups of four, offering savings of up to 20% on tickets to the 86th and 102nd floor decks, including options for express access and flex admission.

The observatory was voted the #1 U.S. attraction in Tripadvisor’s 2026 Travelers’ Choice Awards and previously completed a $165 million reimagination featuring a nine-gallery interactive museum, upgraded 102nd floor deck, and other enhancements.

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Empire State Realty Trust (NYSE:ESRT), owner of the Empire State Building Observation Deck, announced a limited-time 15% online ticket discount for guests who wear a soccer jersey during visits through July 31, 2026.

Visitors also gain access to a special soccer jersey exhibition with 100+ match-worn and rare shirts from stars like Messi, Ronaldo, and Beckham, on view through July 19. The Observation Deck, voted the #1 U.S. attraction in Tripadvisor’s 2026 Travelers’ Choice Awards, follows a $165 million reimagination that added a nine-gallery interactive museum and upgraded 102nd Floor views.

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FAQ

What is the current stock price of EMPIRE STATE REALTY TRUST (ESRT)?

The current stock price of EMPIRE STATE REALTY TRUST (ESRT) is $4.14 as of September 22, 2026.

What is the market cap of EMPIRE STATE REALTY TRUST (ESRT)?

The market cap of EMPIRE STATE REALTY TRUST (ESRT) is approximately 716.8M.