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. (NYSE: ESRT) is a New York City-focused REIT whose news flow centers on its office, retail, multifamily, and landmark assets, including the Empire State Building. On this page, readers can review company announcements that cover leasing, acquisitions, sustainability milestones, financial reporting, and activity at the Empire State Building Observatory.
ESRT regularly issues leasing updates for its portfolio, including new retail tenants and expansions. Recent releases highlight leases with brands such as HOKA, Tecovas, and Rolex (through Tourneau, LLC) at its North Sixth Street Collection in Williamsburg, Brooklyn, as well as office expansions by tenants like Gerson Lehrman Group, Inc. at One Grand Central Place. These announcements provide insight into demand for ESRT’s properties and the tenant mix across its portfolio.
The company also publishes transaction and investment news, such as its agreement to acquire the Scholastic Building at 555‑557 Broadway in Manhattan’s SoHo submarket. Such releases describe property characteristics, lease terms, and occupancy levels, giving investors context on how ESRT deploys capital within the New York City real estate market.
Another key theme in ESRT’s news is sustainability and building performance. For example, the company has announced that the Empire State Building achieved LEED Platinum certification under the LEED v5 standard, and it discusses energy use reductions and its broader sustainability reporting. In addition, ESRT issues earnings and financial updates, including dates for quarterly results and conference calls, and provides links to supplemental information.
News about the Empire State Building Observatory—such as seasonal events, special tower lightings, and visitor experiences—also features prominently. Investors and observers can use this news feed to follow how ESRT manages its flagship attraction and broader portfolio over time.
Empire State Realty Trust (NYSE: ESRT) has secured an 11-year lease with Rizzo Group and CodeGreen Solutions for 11,835 square feet at 1350 Broadway, New York. The companies are expanding from their previous location at 1333 Broadway. Rizzo Group's CEO praised ESRT's commitment to high-performance safety and sustainability, emphasizing their collaboration on reducing energy usage. The building features advanced air filtration systems and is located in a prime area with various amenities. ESRT's portfolio includes over 10 million rentable square feet in the New York metropolitan area.
The Empire State Building (ESB) partnered with Macy's for the 45th Annual Macy's 4th of July Fireworks, featuring 65,000 shells launched from five barges and the iconic building itself. The event celebrated the building's 90th anniversary, with a spectacular firework display from its 72nd, 86th, and 103rd floors. Anthony E. Malkin, CEO, emphasized the ESB's modern relevance amidst historical significance. The building showcased a light show synced with the fireworks, highlighting its commitment to energy efficiency and sustainability.
Empire State Realty Trust (NYSE:ESRT) plans to release its second quarter 2021 financial results on July 28, 2021, after the market closes. A conference call will take place on July 29 at 1:00 p.m. Eastern Time to discuss performance and recent events. The earnings release and supplemental materials will be available on the company's website prior to the call. ESRT's portfolio spans 10.1 million rentable square feet, emphasizing energy efficiency and sustainability, with 76% of properties ENERGY STAR certified and fully powered by renewable energy.
Empire State Realty Trust (NYSE: ESRT) announced the return of its 10th annual Empire State Building Photo Contest on June 24, 2021. Photographers can compete in eight categories for a total of $8,500 in prizes, including a grand prize of $5,000 and a $500 gift card for photo equipment. In honor of the building's 90th anniversary, there will be 90 finalists. Entries must be submitted by August 19, 2021. Winners will be displayed in the building's lobby and featured on its social channels.
The Empire State Building (ESB) announced the complete lift of COVID-19 protocols for its Observatory Experience, aligning with new local guidelines. Visitors can now enjoy fully reopened interactive exhibits with optional mask-wearing. The Observatory showcases a recently renovated space, including a $165 million overhaul completed in November 2019, enhancing visitor experience with immersive exhibits and improved indoor air quality. Reservations are recommended for limited visitor capacity. ESB is part of Empire State Realty Trust (ESRT), a leader in sustainability and energy efficiency.
Empire State Realty Trust (ESRT) has partnered with New York State to accept the Excelsior Pass for entry at their 11 buildings, including the Empire State Building, allowing fully vaccinated visitors to bypass daily temperature screenings. The initiative begins with a vaccination event at the Empire State Building and offers special discounts for vaccinated guests at the observatory. From June 10 to June 26, Excelsior Pass holders can access mask-optional hours at the observatory. Over 2 million Excelsior Passes have been issued since its launch in March 2021, aimed at supporting a safe return to normalcy.
Empire State Realty Trust (NYSE:ESRT) announced participation in Nareit’s REITweek 2021 virtual investor conference on June 8, 2021. The presentation will feature Tony Malkin (Chairman, President, and CEO), Christina Chiu (EVP, CFO), and Tom Durels (EVP of Real Estate) from 8:45 a.m. to 9:15 a.m. ET. Attendees must register for the event using the provided link. ESRT focuses on office and retail properties, owning 10.1 million rentable square feet. The company emphasizes sustainability, achieving various certifications and ratings, including ENERGY STAR and GRESB 5 Star.
Empire State Realty Trust (NYSE: ESRT) announced the 2021 Empire State Building Run-Up happening on October 26, 2021, at 8 p.m. EST. Registration opens on June 1, 2021, with only 125 runners selected to participate. Enhanced safety measures include proof of vaccination and staggered heats. The event marks the building's 90th anniversary. Last year’s participants will retain their spots. The entry fee is $125, payable only upon lottery acceptance. Turkish Airlines returns as a sponsor, and the Challenged Athletes Foundation will support runners with disabilities.
Empire State Realty Trust (NYSE: ESRT) has announced a reinstated dividend of $0.035 per share for Q2 2021, translating to an annualized rate of $0.14 per share, payable on June 30, 2021. This decision reflects management's confidence in New York City's recovery and the company’s improved financial performance. Additionally, dividends for preferred units will be $0.15 and $0.175 for respective series, payable to unitholders on June 30, 2021. The announcement underscores the company's strengthening balance sheet and liquidity position.
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