Empire St Rlty Tr Inc Stock Price, News & Analysis

Empire State Realty Trust (ESRT) has secured two new full-floor office leases at 1350 Broadway, totaling 49,095 square feet. The William Carter Company (Carter's), a children's apparel company, leased 24,592 square feet, while ad tech company Equativ took 24,503 square feet. The building offers access to ESRT's Broadway Campus amenities, including a new tenant lounge and a future rooftop lounge. Located on the Broadway Pedestrian Plaza, 1350 Broadway provides convenient access to transportation, dining, and retail. ESRT's Executive VP of Real Estate, Thomas P. Durels, highlighted the company's strong balance sheet, prime locations, and indoor environmental quality as key factors in attracting high-quality tenants.

The Empire State Building Run-Up (ESBRU) is set to return on Oct. 9, 2024, presented by Starbucks and powered by the Challenged Athletes Foundation. The 46th annual event will see approximately 500 runners race up 1,576 stairs to the 86th Floor Observatory. Lottery registration is open from July 29 to Aug. 9, 2024, with a $175 participation fee for accepted runners.

The event includes heats for elite runners, athletes with disabilities, celebrities, and the public. The Empire State Building houses a Starbucks Reserve® flagship store spanning three floors. The Challenged Athletes Foundation serves as the official charity partner, offering a guaranteed entry for fundraisers.

The Empire State Building has partnered with Max and Sea Bags to transform the fabric from the 270-foot dragon Vhagar, part of the recent HBO's "House of the Dragon" takeover, into -edition recycled tote bags. The initiative repurposes 18,000 square feet of fabric, with a portion of proceeds donated to the Ocean Conservancy.

Each unique tote is made from a combination of dragon material and recycled sail cloth, featuring hand-spliced hemp rope handles and a brass clasp. The bags are individually numbered and come with a certificate of authenticity. This collaboration aligns with the Empire State Building's commitment to sustainability, having already reduced its emissions by 57% since 2007 and aiming for net zero emissions by 2030.

Empire State Realty Trust (NYSE: ESRT) has released its 2023 Schedule K-3, containing international tax information. This document can be accessed online at www.taxpackagesupport.com/esrop. The Schedule K-3 is particularly relevant for non-U.S. shareholders, those claiming foreign tax credits, and certain corporate and partnership shareholders. Shareholders needing this information for their U.S. income tax reporting are encouraged to review the details, refer to relevant U.S. laws, and consult their tax advisors.

Empire State Realty Trust (ESRT) has signed a lease with global management consulting firm Kearney for a 27,866 square foot duplex on the highest office floors of the Empire State Building. The new lease agreement marks Kearney's 100-year anniversary and positions their New York team in a landmark location. The Empire State Building, a fully modernized landmark, offers unparalleled amenities including a tenant-only fitness center, conference center, multiple dining options, and the soon-to-open Empire Lounge. The building is also noted for its premier indoor environmental quality and sustainability measures. Both Kearney's employees and ESRT's representatives expressed enthusiasm about the new arrangement.

The Empire State Building (ESB) announced it has been named the #1 Attraction in the World in Tripadvisor’s 2024 Travelers’ Choice Awards: Best of the Best Things to Do, and #1 Attraction in the U.S. for the third consecutive year. The ESB Observatory boasts over 60,000 5-star reviews, highlighting its authenticity, interactive exhibits, and breathtaking views. Recently reimagined with a $165 million investment, the Observatory now features a dedicated visitors entrance, an immersive museum with nine galleries, new uniforms for hosts, and an enhanced 102nd Floor Observatory.

ESB attracts global attention through social media and partnerships with brands like HBO’s “House of the Dragon” and Mercedes-AMG Petronas F1. Tripadvisor’s president, Kristen Dalton, praised the Empire State Building for its exceptional achievement, noting that the accolade places it among the top 1% of listings on their site. To celebrate, the Empire State Building’s tower lights will shine in Tripadvisor Green on June 25.

Empire State Realty Trust (NYSE: ESRT) will release its second quarter 2024 financial results on July 24, 2024, after market close. The following day, July 25, 2024, at 12:00 p.m. Eastern Time, the company will host a conference call to discuss the quarterly performance, recent events, and answer questions. The earnings release, supplemental materials, and investor presentation will be available on the company's website beforehand. The conference call can be accessed via live webcast on the company's website or by dialing in for a telephone conference. A replay will be available for seven days post-call.

Empire State Realty Trust (ESRT) has partnered with Max to debut a 270-foot-long dragon named Vhagar atop the Empire State Building (ESB) as part of a 'House of the Dragon' event. This spectacle caps a weeklong takeover of the ESB Observatory, featuring dynamic light shows and interactive elements. Vhagar, created with more than 153 rigging points, 1,700 patterns, and 600,000 inches of sewn seams, was fabricated by Bigger Than Life Advertising. The event follows several high-profile partnerships at the ESB, including those with Mercedes-AMG Petronas F1, WhatsApp, and 'Star Wars.' The ESB Observatory, recently renovated for $165 million, has been named Tripadvisor’s #1 U.S. attraction for two consecutive years. Tickets for the observatory and dragon event are available for purchase.

The Empire State Building (ESB) has launched a 'House of the Dragon' takeover for fans, in collaboration with Max.

This unique event provides visitors a chance to sit on the Iron Throne, interact with cast members, and enjoy themed attractions from June 10-18.

Highlights include a photo opportunity with the Iron Throne on the Grand Staircase, the chance to play Zynga's 'Game of Thrones: Legends' mobile game, and a watch party giveaway for the Season Two premiere.

The ESB's tower lights will glow green on June 10, and a pop-up by Tipsy Scoop will offer a special dragon fruit sorbet. The experience follows a $165 million renovation of the ESB Observatory, now a top U.S. attraction according to Tripadvisor.