Welcome to our dedicated page for Empire State Rea news (Ticker: OGCP), a resource for investors and traders seeking the latest updates and insights on Empire State Rea stock.
Empire State Realty OP, L.P. Series 60 represents operating partnership interests associated with Empire State Realty Trust’s NYC-focused real estate platform. Company news centers on operating and financial results for a portfolio of office, retail, and multifamily assets, along with the Observatory business at the Empire State Building.
Recurring updates also cover property acquisitions, dispositions, capital recycling into New York City assets, and disclosures about energy efficiency and indoor environmental quality across the portfolio.
Empire State Realty Trust (NYSE: ESRT; NYSE Arca: ESBA, FISK, OGCP) reported Q2 2026 net loss of $(0.15) per fully diluted share, driven by a $166.1M non‑cash goodwill impairment at the Observatory, partially offset by a $124.6M gain on the $275M sale of 250 West 57th Street and $5.5M of severance. Core FFO was $0.21 per share.
Same-store property cash NOI rose 3.3% year-over-year but declined 3.2% after adjusting for $4.0M of non-recurring tax abatements. The commercial portfolio was 94.9% leased and 89.4% occupied; 381,799 square feet of commercial leases were signed with office cash spreads of +17.8%. The Observation Deck generated NOI of $12.4M amid reduced international tourism.
ESRT completed the 250 West 57th Street disposition and acquired the land under 111 West 33rd Street and 1400 Broadway for $110M. Liquidity totaled $0.5B, net debt to adjusted EBITDA was 6.6x, and the company added a $245M unsecured delayed draw term loan maturing 2032. ESRT paid a quarterly dividend of $0.035 per common share and updated 2026 Core FFO guidance to $0.75–$0.79 per share, down from $0.85–$0.89, assuming $55M of Observation Deck NOI with no visitation improvement.
Empire State Realty Trust (NYSE:ESRT; NYSE Arca:ESBA) declared second quarter 2026 cash dividends.
The board approved a $0.035 per share dividend on Class A and Class B common stock and specified OP units, plus preferred unit dividends of $0.15 and $0.175 per unit, payable June 30, 2026 to holders of record June 15, 2026.
Empire State Realty Trust (NYSE: ESBA) reported Q1 2026 results: net income per diluted share $0.01 and Core FFO $0.20 per diluted share. Same-store cash NOI rose 5.5% YoY (1.3% ex‑one‑offs). Closed $46M Brooklyn retail acquisition, completed $184M financings and extended debt maturities; 2026 outlook unchanged.