Welcome to our dedicated page for Empire St Rlty Tr SEC filings (Ticker: ESRT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Empire State Realty Trust, Inc. filings document the disclosures of a New York City-focused REIT and its operating partnership, Empire State Realty OP, L.P. Form 8-K reports cover operating and financial results, Regulation FD supplemental packages, material agreements, capital-structure matters, financing-related disclosures, share and operating partnership unit repurchase authorizations, and executive officer transitions.
Proxy filings describe annual meeting proposals, director elections, board composition, committee oversight, risk oversight, executive compensation, shareholder engagement and sustainability matters. The filing record also reflects ESRT's REIT structure, Class A common stock, Series ES, Series 250 and Series 60 operating partnership units, and governance disclosures tied to its office, retail, multifamily and Observatory operations.
Empire State Realty Trust executive Thomas P. Durels, EVP of Real Estate, reported a performance-based equity award. On February 3, 2026, he was granted 263,831 LTIP Units of Empire State Realty OP, L.P. at a price of $0 per unit.
These LTIP Units can, after vesting and conversion steps, be redeemed on a one-for-one basis for shares of Empire State Realty Trust, Inc. Class A common stock or their cash value, at the company’s option. Following this grant, Durels beneficially owns 3,211,106 derivative securities.
The LTIP Units were earned based on three-year performance criteria tied to the company’s operational results and total shareholder return through December 31, 2025. Half of the earned LTIP Units vested on January 1, 2026, and the remaining half is scheduled to vest on December 31, 2026, subject to continued employment.
Empire State Realty Trust President Christina Chiu reported a performance-based equity award. On February 3, 2026, she was granted 196,957 LTIP Units of Empire State Realty OP, L.P. at a price of $0 per unit under the 2019 equity incentive plan.
These LTIP Units can, after vesting and tax capital allocations, be converted into Operating Partnership Units and then redeemed for Empire State Realty Trust Class A common stock on a one-for-one basis or cash at the issuer’s option. They were earned based on operational performance and total shareholder return over a three-year period ending December 31, 2025. Half vested on January 1, 2026, and the remaining half is scheduled to vest on December 31, 2026, subject to continued employment. Following this grant, Chiu beneficially owns 1,497,214 derivative securities.
Empire State Realty Trust, Inc. Chairman and CEO Anthony E. Malkin reported an award of 499,603 LTIP Units on February 3, 2026. These long-term incentive plan units were granted at $0 under the company’s 2019 Equity Incentive Plan and are held as derivative securities.
The LTIP Units can, after vesting and tax-related conditions, be converted into Operating Partnership Units and then redeemed for an equal number of Class A common shares or their cash value, at the company’s option. After this grant, Malkin beneficially owned 6,360,574 derivative LTIP Units.
The award was earned based on the company’s operational performance and total shareholder return over a three-year period that ended on December 31, 2025. Half of the earned LTIP Units vested on January 1, 2026, with the remaining half scheduled to vest on December 31, 2026, subject to continued employment.
Empire State Realty Trust, Inc. announced that its board has authorized a new repurchase program of up to $500 million of Class A common stock and Empire State Realty OP, L.P.’s Series ES, Series 60 and Series 250 operating partnership units. The authorization runs from January 1, 2026 through December 31, 2027 and will replace the existing $500 million program covering 2024–2025.
Repurchases may be made through open market purchases or privately negotiated transactions, with the timing and amount dependent on market conditions, regulatory requirements and other factors. The board may suspend, terminate, increase or decrease the authorization at any time without prior notice.
Empire State Realty Trust (ESRT) received a Schedule 13G/A (Amendment No. 1) reporting updated institutional ownership as of 09/30/2025. Ameriprise Financial, Inc. reported an aggregate 11,934,145 shares beneficially owned, representing 7.1% of the class, with shared voting power 11,855,681 and shared dispositive power 11,934,145; sole voting and dispositive power were listed as 0.00.
Affiliated UK entities under the Ameriprise umbrella, including TAM UK International Holdings Limited, Threadneedle Holdings Limited, TAM UK Holdings Limited, Threadneedle Asset Management Holdings Limited, TC Financing Ltd, Threadneedle Asset Management Limited, and Threadneedle Investment Services Limited, each reported 8,658,705 shares beneficially owned, or 5.1%, with shared voting and dispositive power of 8,658,705 and no sole power. The filing states the securities were acquired and are held in the ordinary course of business.
Empire State Realty Trust (ESRT) reported Q3 results reflecting steady property operations with mixed segment trends. Total revenue was $197.730 million versus $199.599 million a year ago. Rental revenue rose to $158.410 million, while Observatory revenue declined to $36.037 million. Net income attributable to common stockholders was $7.985 million, or $0.05 per share, compared with $0.08 per share last year.
Year to date, net cash provided by operating activities was $215.154 million. ESRT reduced balance sheet risk: total debt principal was $2.072 billion at quarter‑end, the unsecured revolver balance was $0, and the company repaid $100.0 million of senior notes that matured in March. Subsequent to quarter‑end, ESRT agreed to a private placement of $175.0 million 5.47% Series L Senior Notes due January 7, 2031, scheduled to fund on December 18, 2025.
Strategically, ESRT added Brooklyn retail in June 2025 for $31.0 million and completed the consensual foreclosure of First Stamford Place in February 2025, recognizing related gains earlier in 2024 and 2025. Dividends per share were $0.035 for the quarter.
Empire State Realty Trust is implementing a planned leadership transition in its real estate operations. The company entered into a transition agreement under which long-time Executive Vice President, Real Estate, Thomas P. Durels is shifting his responsibilities to two new Co-Heads of Real Estate: Ryan Kass, Chief Revenue Officer of Real Estate and Director of Leasing, and Jackie Renton, Chief Operating Officer of Real Estate. Both will report to President Christina Chiu and Chairman & CEO Anthony E. Malkin.
Under the agreement, Mr. Durels will remain an executive officer through June 30, 2026 and then serve as a consultant through June 30, 2027, receiving a base salary of $757,050 per year and continued vesting of existing equity awards. He remains eligible for a 2025 bonus, and, subject to conditions, can receive a 2026 bonus, a 2027 cash bonus of $283,894, equity awards of $1,396,050 and $698,025, and accelerated vesting of outstanding equity at the end of the consulting term, in exchange for a release of claims and ongoing restrictive covenants.
Empire State Realty Trust, Inc. (ESRT) 10-Q — Quarter ended June 30, 2025. Total revenues were $191.3 million for the quarter and $371.3 million for the six months ended June 30, 2025, roughly in line with prior-year periods. Operating income for Q2 was $35.1 million vs. $39.4 million a year ago. Net income for Q2 was $11.4 million (net income attributable to common stockholders $6.5 million), with basic EPS of $0.04 (Q2 2024: $0.10). Dividends per share remained $0.035 for the quarter.
Balance sheet and liquidity highlights: total assets declined to $4.079 billion from $4.510 billion at year-end 2024. Cash and cash equivalents fell to $94.6 million (cash+restricted $136.7 million). Total principal debt decreased to $2.072 billion; Series A senior unsecured notes of $100.0 million matured March 27, 2025 and were repaid. Material property transactions include acquisitions on North 6th Street, Williamsburg (aggregate disclosed purchases of $31.0 million in June 2025 and $195.0 million in Sept–Oct 2024) and the consensual foreclosure and derecognition of First Stamford Place with related gains recognized (~$13.2 million in Q1 2025). As of June 30, 2025, ESRT reported compliance with debt covenants.