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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) has announced the availability of its 2024 Schedule K-3 tax form, which contains information about items of international tax relevance. The Schedule K-3 can be accessed by unitholders at www.taxpackagesupport.com/esrop.
This tax document is particularly relevant for non-U.S. shareholders, those computing foreign tax credits, and certain corporate and partnership shareholders. ESRT recommends that affected shareholders review the information with their tax advisors to ensure proper compliance with U.S. tax reporting requirements.
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.