Empire St Rlty Tr Inc Stock Price, News & Analysis

Empire State Realty Trust (NYSE: ESRT) has announced its 2023 Annual Meeting of Shareholders, scheduled for May 11, 2023, at 11:00 am ET. The record date for shareholders entitled to vote is March 2, 2023. This hybrid meeting will take place in-person at State Grill, New York City, and virtually via audio webcast. The details are available in the 2023 proxy statement on the company's website. Empire State Realty Trust is a leading REIT managing office, retail, and multifamily assets, including the iconic Empire State Building, with a portfolio of approximately 8.9 million rentable square feet as of December 31, 2022.

Empire State Realty Trust (NYSE: ESRT) announced it will release its first quarter 2023 financial results on April 26, 2023, after market close. A conference call is scheduled for April 27, 2023, at 12:00 p.m. ET, where executives will discuss performance and answer questions. The company, known for owning the iconic Empire State Building, holds approximately 8.9 million rentable square feet of office space and 741,000 rentable square feet of retail space in the New York metropolitan area. The earnings release and investor materials will be available on their website prior to the call.

Empire State Realty Trust (NYSE: ESRT) announced a long-term commercial lease with the Claims Conference for 33,803 square feet at 1359 Broadway, a property they have occupied since 2007. Claims Conference will relocate within the same building, which is fully modernized and offers energy-efficient features. The building's prime location in Midtown Manhattan provides easy access to transportation and amenities. ESRT has seen significant tenant expansions since its 2013 IPO, totaling 2.5 million square feet. This lease reflects ESRT's commitment to sustainability and tenant growth.

Empire State Building introduces a new sunrise experience beginning April 1, featuring stunning views from the 86th Floor Observatory. Guests will enjoy complimentary Starbucks Reserve microblend coffee and artisanal Princi pastries during this exclusive event offered every Saturday. Reservations are required due to limited capacity. This experience follows a $165 million renovation of the Observatory, now recognized as the #1 attraction in the U.S. and #3 globally per Tripadvisor's 2022 awards. The enhanced facility boasts immersive exhibits detailing the Empire State Building's rich history.

Empire State Realty Trust (NYSE: ESRT) announced that Chairman and CEO Anthony E. Malkin, along with COO and CFO Christina Chiu, will present at the Citi 2023 Global Property CEO Conference on March 6, 2023, at 3:40 PM Eastern Time. The company manages office, retail, and multifamily properties in Manhattan and the greater New York area, including the iconic Empire State Building. A live audio-webcast will be available on the company’s website, with a replay accessible until March 6, 2024. As of December 31, 2022, ESRT’s portfolio includes approximately 8.9 million rentable square feet of office space and 721 residential units.

Empire State Realty Trust (NYSE: ESRT) announced the leasing of approximately 100,000 square feet at the Empire State Building (ESB) between late 2022 and early 2023. This includes a significant 16-year lease of 65,000 square feet by a North American engineering firm, alongside OFS Brands and Resolution Life, Inc., which signed leases totaling 23,500 square feet. The new tenants were attracted by ESB's sustainability practices, extensive amenities, and strategic location in New York City. The engineering firm's identity will be disclosed by March 2023.