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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.
Empire State Realty Trust (NYSE: ESRT) will release its fourth quarter 2025 financial results on Tuesday, February 17, 2026 after market close. The company will hold a conference call on Wednesday, February 18, 2026 at 12:00 p.m. ET to review Q4 performance, recent events, and host Q&A.
Financial results, supplemental materials, and the investor presentation will be posted prior to the call in the Investors > Quarterly Results section at www.esrtreit.com. The call will be webcast on the same site; listeners should arrive at least five minutes early to register. A replay will be available on the website for 7 days and telephone playback is accessible through March 4, 2026 using the provided passcode.
Else Nutrition (OTC: BABYF) announced a planned relaunch of its Canadian business in early 2026 under a direct-to-retail model. The company said Canada previously exceeded CAD$1M revenue in 2023 but experienced declines in Q4 2024 and 1H 2025 due to out-of-stock and reduced marketing. Else terminated its distributor in July 2025, gained approval as a direct vendor with Canada's largest national retailer, and expects product back in stores in early 2026.
The company projects ~CAD$500,000 in Canadian revenue in the first year after relaunch and forecasts Canada reaching 10–15% of U.S. sales over time while expanding e-commerce and specialty channels.
Scholastic (Nasdaq: SCHL) completed a $386 million sale-leaseback of its New York City headquarters at 555–557 Broadway to a subsidiary of Empire State Realty Trust (NYSE: ESRT) on December 19, 2025. Scholastic sold the property and signed a 15-year lease with extension options, reducing its overall footprint while retaining long-term access to the space. Empire State Realty Trust will assume responsibility for ongoing property maintenance and capital improvements. The transaction is expected to generate significant net proceeds for Scholastic. Newmark (Nasdaq: NMRK) served as exclusive real estate advisor to Scholastic, led by Adam Spies, Joshua King and Avery Silverstein, with support from Adam Doneger and Marcella Fasulo.
Empire State Realty Trust (NYSE: ESRT) announced on December 9, 2025 that the Empire State Building achieved LEED v5 Platinum certification under the Existing Buildings: Operations + Maintenance program.
The building is the largest LEED v5 Platinum project in the U.S. and the first in New York State to earn this recognition. ESRT cited a 51% reduction in energy use from its retrofit and said the project advanced from Gold to Platinum under the new LEED v5 performance criteria.
Empire State Realty Trust (NYSE: ESRT) agreed to acquire the Scholastic Building (555-557 Broadway) in SoHo for $386 million in an all-cash transaction expected to close in December 2025.
The property totals approximately 396,000 square feet (368,000 sq ft office; 28,000 sq ft retail), is 70% leased, and includes a 15-year office lease with Scholastic (NASDAQ: SCHL) for 222,000 square feet. Retail is fully leased with a weighted average lease term of ~8 years. The asset contains a unique three-floor block of over 110,000 square feet that ESRT plans to market.
Newmark (NASDAQ: NMRK) represented the seller. Additional transaction details are posted in the company’s investor presentation.
Scholastic (NASDAQ: SCHL) signed binding sale-leaseback agreements for its New York City headquarters (555-557 Broadway) and its Jefferson City, MO distribution center that are expected to generate $401 million in estimated gross proceeds. The Broadway sale to a subsidiary of Empire State Realty Trust for $386 million is expected to yield $327 million net; the Jefferson City sale to affiliates of Fortress for $95 million is expected to yield $74 million net.
Scholastic will enter long-term leases at both sites (15-year Broadway lease; 20-year triple-net Jefferson City lease) and plans to deploy proceeds toward debt reduction and share repurchases. Closings are expected before year-end 2025, subject to customary conditions.
Empire State Realty Trust (NYSE: ESRT) announced two new retail leases on North Sixth Street, Williamsburg, signed on December 1, 2025. HOKA leased 4,148 sq ft at 91 N. Sixth Street and Tecovas leased 4,174 sq ft at 89 N. Sixth Street, a combined 8,322 sq ft addition to ESRT’s North Sixth Street Collection.
CBRE represented HOKA; Lantern represented Tecovas. ESRT said the leases expand its curated roster of retailers alongside existing brands such as COS, Glossier, Everlane, and Warby Parker. ESRT and Lantern handled representation for the landlord on both transactions.
Empire State Realty Trust (NYSE: ESRT) announced a signed expansion lease with Gerson Lehrman Group (GLG) for 18,230 square feet at One Grand Central Place, increasing GLG's footprint to 95,612 square feet as of November 12, 2025.
GLG renewed 77,382 square feet in April 2025 and now occupies two full floors overlooking Vanderbilt Plaza; the building offers direct access to Grand Central Terminal, multiple subway lines, and Grand Central Madison LIRR access.
Empire State Building (ESRT) announced its 2025 Holiday Celebration program, featuring festive décor, classic movie screenings, local pop-ups, special tower lightings, Santa visits, and a Radio City Rockettes 100th Anniversary takeover.
Highlights include an official combo ticket with access to the immersive museum, 86th and 102nd observatories, a 15% gift-shop coupon, and select Rockettes show tickets; Rockettes exhibits and photo activations on the 80th and 86th floors; themed film nights on Dec. 5–20; Santa appearances on specified December dates; and daily Doughnuttery treats from Nov. 21. The release notes a $165 million reimagination of the Observatory and Tripadvisor #1 attraction ranking in 2025.
Empire State Realty Trust (NYSE:ESRT) announced its 2025 fall and Halloween program at the Empire State Building on Oct 31, 2025, highlighted by a visit from Heidi Klum who flipped the tower lights. Key items: a seasonal Ess-a-Bagel pop-up on the 86th floor through Nov 21 (daily 9 a.m.–4 p.m.), a 15% discounted ticket offer for 2025 TCS Marathon participants from Oct 30–Nov 3, and a new Halloween lighting scheme in orange and green with a first-ever five-minute hourly spooky chime.
The Observatory Experience completed a $165 million reimagination and was named Tripadvisor’s top NYC attraction for the fourth consecutive year, and ticket validation for marathon offers requires on-site proof of participation.