NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”) is a REIT that owns and manages office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. ESRT owns the Empire State Building, the World’s Most Famous Building, and TripAdvisor’s 2022 Travelers’ Choice Best of the Best Awards #1 attraction in the U.S. and #3 attraction in the world, the newly reimagined iconic Empire State Building Observatory. Today, the Company announce
ESRT owns the Empire State Building and owns a portfolio of other office, multifamily, and retail assets throughout the New York region. Read more here.
A share of Empire State Realty Trust Inc. (NYSE:ESRT) closed at $7.10 per share on Thursday, down from $7.17 day before. While Empire State Realty Trust Inc. has underperformed by -0.98%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ESRT fell by -27.85%, with highs and […]
Additional 100% Offset of Non-Electric Usage Through Preservation Support of 9k Acres of Biodiverse Forest ESRT previously offset electricity with 100% renewable wind power throughout the portfoli…
Additional 100% Offset of Non-Electric Usage Through Preservation Support of 9k Acres of Biodiverse Forest ESRT previously offset electricity with 100% renewable wind power throughout the portfolio NEW YORK , Sept. 22, 2022 /CNW/ -- Empire State Realty Trust, Inc. (NYSE: ESRT ) announced today that it achieved carbon neutrality for its 9.9 million square foot commercial portfolio through a combination of its industry leadership in building energy-efficiency retrofit work and a new three-year agreement with 18 Reserves and ACT . The new agreement supports the preservation of close to 9,000 acres of biodiverse forest that will offset 100% of ESRT''s non-electric fossil fuel usage. ESRT''s continued leadership in sustainability and energy efficiency has already reduced greenhouse gas emissions at the Empire State Building by 54% and the entire commercial portfolio by 43%. ESRT recently published the " Empire Building Playbook: An Owner''s Guide to Low Carbon Retrofits " – co-developed with NYSERDA and supported by other NYC-based landlords and the Clinton Global Initiative – to guide building owners in the steps to achieve carbon neutrality through emissions reduction with less dependence on offsets and a proven return on investment. "As legislation, market demand, and climate change risk push real estate owners to meet emissions reduction requirements, companies need to seek out more advanced ways to offset their current usage while they work to reduce emissions," said Anthony E.
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Today Empire State Realty Trust, Inc. (NYSE: ESRT) announced that it welcomes several new retail tenants to expand the portfolio''s food offerings, with lea…
NEW YORK , Sept. 12, 2022 /PRNewswire/ -- Today Empire State Realty Trust, Inc. (NYSE: ESRT) announced that it welcomes several new retail tenants to expand the portfolio''s food offerings, with leases signed with Panera Bread, Playa Bowls and Le Café Coffee at three of its New York City…
As of Thursday, Empire State Realty Trust Inc.’s (NYSE:ESRT) stock closed at $7.44, up from $7.39 the previous day. While Empire State Realty Trust Inc. has overperformed by 0.68%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ESRT fell by -27.06%, with highs and lows ranging […]
Empire State Realty Trust (NYSE:ESRT) declares $0.035/share quarterly dividend, in line with previous.Forward yield 1.75%Payable Sept. 30; for shareholders of record Sept. 15; ex-div Sept.
Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), is a REIT that owns and manages office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. ESRT owns the Empire State Building, the World’s Most Famous Building, and Tripadvisor’s 2022 Travelers’ Choice Best of the Best Awards #1 attraction in the U.S. and #3 attraction in the world, the
ESRT earnings call for the period ending June 30, 2022.
Empire State Realty Trust, Inc. (NYSE:NYSE:ESRT) Q2 2022 Earnings Conference Call July 28, 2022 12:00 PM ET Company Participants Tony Malkin – Chairman, President and Chief Executive…
NEW YORK, July 28, 2022 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Burlington Stores, Inc. signed a full-floor expansion lease for an additional 34,591 squar…
The following slide deck was published by Empire State Realty Trust, Inc.
Empire State Realty Trust press release (ESRT): Q2 FFO of $0.29 beats by $0.10.Revenue of $198.02M (+29.1% Y/Y) beats by $42.95M.Total commercial portfolio is…
Empire State Realty Trust Tops Q2 EPS by 15c
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the "Company") is a REIT that owns and manages office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. ESRT owns the Empire State Building, the World’s Most Famous Building, and Tripadvisor’s 2022 Travelers’ Choice Best of the Best Awards #1 attraction in the U.S. and #3 attraction in the world, the newly reimagined and iconic Empire State Building Observatory. Today the Company repor
BMO Capital Markets analyst John P. Kim upgraded Empire State Realty Trust (ESRT) to Market Perform from Underperform Thursday with the Empire State Building Observatory regaining…
Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), a NYC-focused REIT with office, retail and multifamily properties and the Empire State B
Despite the pandemic easing out, unemployment, high inflation, and looming recession tends to continue having negative impacts on ESRT’s properties.
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), a NYC-focused REIT with office, retail and multifamily properties and the Empire State Building Observatory, today announced Christina Chiu, EVP, Chief Financial Officer, and Tom Durels, EVP, Real Estate, will participate in a moderated Company presentation at the Nareit REITweek 2022 investor conference on Tuesday, June 7, 2022 from 4:30 p.m. to 5:00 p.m. Eastern Time. The Company presentation will be avai
Empire State Realty Trust (ESRT) is a self-administered and self-managed REIT that owns, runs, and purchases office and retail properties in Manhattan and the greater New York metropolitan area. The company prides itself on owning the Empire State Building, one of the world''s most famous buildings. As a result, the company also owns and operates its signature, newly reimagined Observatory Experience, which is located on the 102nd floor of the iconic building. As of its latest filings, Empire State Realty Trust owned 14 office properties comprising approximately 9.4 million rentable square feet of office space. I am neutral on the stock.
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), a NYC-focused REIT with office, retail and multifamily properties and the Empire State Building Observatory, today announced that its Board of Directors has declared a dividend of $0.035 per share for the second quarter of 2022, payable to holders of the Company’s Class A common stock and Class B common stock and to holders of Empire State Realty OP, L.P.’s (“ESRO”) Series ES, Series 250 and Series 60 opera
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The changing nature of in-person and remote work is affecting the commercial real estate market, Empire State Realty Trust CEO Anthony Malkin tells Kelly Evans on ''The Exchange.''
NEW YORK, July 6, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE:
NEW YORK, June 24, 2021 /PRNewswire/ -- Empire State Realty Trust (NYSE: ESRT) announced today that the 10th annual Empire State Building Photo Contest will return on June 24, 2021. Photographers of all skill levels are invited to share their best images of and from the famous building
The Empire State Realty Trust, which owns the Empire State Building, plans to give special treatment to visitors at the iconic building who show proof of vaccination through Excelsior Pass, the To
NEW YORK, June 10, 2021 /PRNewswire/ -- Empire State Realty Trust (ESRT) has
NEW YORK , June 10, 2021 /PRNewswire/ -- Empire State Realty Trust (ESRT) has partnered with New York State to become the first commercial portfolio to now accept Excelsior Pass as an alternative to current entry screening procedures, and to provide mask-optional entry for those fully vaccinated to the recently reimagined Empire State Building Observatory Experience . The partnership kicks off this weekend when 100 people will have the opportunity to get vaccinated at the Empire State Building and also receive complimentary admission to the Observatory (while supplies last). As of June 9 , fully vaccinated tenants and visitors who present their Excelsior Pass at one of ESRT''s 11 buildings in New York State including the Empire State Building will no longer need to undergo daily temperature screenings to enter. This change will benefit the approximately 600 New York-based companies as statewide restrictions and curfews lift and they return to their offices. In addition, the Empire State Building Observatory Experience will offer mask-optional hours and a special Sunrise Event to fully vaccinated New Yorkers who present their Excelsior Pass.
Empire State Realty Trust Inc - Class A (ESRT) shares closed 0.6% higher than its previous 52 week high, giving the company a market cap of $2B. The stock is currently up 35.6% year-to-date, up 47.1% over the past 12 months, and down 26.6% over the past five years. This week, the Dow Jones Industrial Average rose 0.1%, and the S&P 500 rose 0.6%. Trading Activity Trading volume this week was 59.5% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.1. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 42.7% The company's stock price performance over the past 12 months beats the peer average by 44.7% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Empire State Realty Trust Inc. will begin accepting the state''s Excelsior Pass app for proof of Covid-19 vaccination at its New York properties, including the Empire State Building.
Empire State Realty Trust Inc - Class A (ESRT) shares closed today at 0.9% below its 52 week high of $12.64, giving the company a market cap of $2B. The stock is currently up 34.4% year-to-date, up 57.0% over the past 12 months, and down 25.8% over the past five years. This week, the Dow Jones Industrial Average rose 0.3%, and the S&P 500 rose 0.5%. Trading Activity Trading volume this week was 4.7% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.1. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 44.1% The company's stock price performance over the past 12 months beats the peer average by 56.3% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Governor Cuomo Announces Excelsior Pass Partnership With the Empire State Realty Trust New York (STL.News) Governor Andrew M. Cuomo The News New York: Excelsior Pass Partnership With Empire State Realty Trust appeared first on STL.News .
The Empire State Realty Trust, which owns the Empire State Building, is going to give special treatment to visitors at the iconic building who show proof of vaccination through Excelsior Pass, the To view the full story, click the title link.
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE:ESRT) (the Company), a leading real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area, today announced that Tony Malkin, Chairman, President and CEO; Christina Chiu, EVP and CFO; and Tom Durels, EVP of Real Estate will present at Nareits REITweek 2021 virtual investor conference on Tuesday, June 8, 2021 from 8:45 a.m. to 9:15 a.m. Eastern Time. To access the Compan
Empire State Realty Trust Inc - Class A (ESRT) shares closed today at 0.2% below its 52 week high of $12.33, giving the company a market cap of $2B. The stock is currently up 32.0% year-to-date, up 80.2% over the past 12 months, and down 27.9% over the past five years. This week, the Dow Jones Industrial Average rose 0.8%, and the S&P 500 rose 0.3%. Trading Activity Trading volume this week was 22.2% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 26.8% The company's stock price performance over the past 12 months beats the peer average by 26.8% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
NEW YORK , April 20, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT ) announced today that Zentalis Pharmaceuticals, Inc. a clinical-stage biopharmaceutical company focused on the discovery and development of small molecule therapeutics that target fundamental biological pathways of cancers, has signed a new lease with ESRT for a 31,362 square foot office space at 1359 Broadway. "At Zentalis, we are committed to ensuring our employees' safety and wellbeing, and we are thrilled our new corporate office space will provide our growing team with a healthy and productive work environment to help bring innovative cancer treatments to patients," commented Dr. Anthony Sun , chairman and chief executive officer of Zentalis Pharmaceuticals. "As we continue to expand our Company's presence in New York City , minimizing the environmental impacts of our business remains a key priority. We look forward to moving into one of ESRT's buildings later this year, as the space is dedicated to instilling energy efficiency and sustainable practices." With a view of the Broadway pedestrian mall and Herald Square, 1359 Broadway contains 22 stories and 455,849 rentable square feet …
NEW YORK , April 14, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT ) today shared its 2020 Sustainability Report that details the current state of its ESG, Healthy Buildings, and Indoor Environmental Quality accomplishments and recognition. The report sets forth ESRT's quantified goals and commitments to lead the industry towards a net zero future; and transparent metrics and disclosure around diversity with measurable goals for continued improvement which include: Net-zero carbon emissions across its entire real estate portfolio by 2035 Net-zero carbon emissions for the Empire State Building by 2030 20 percent reduction of energy use intensity by 2024, in alignment with the U.S. Department of Energy Better Buildings Challenge Five percent annual reduction in waste generation Two percent annual reduction in water usage "Over the past decade, we have made groundbreaking achievements at ESRT across our entire portfolio. Everyone is aware of our groundbreaking work at the Empire State Building that reduced the building's energy use by 40 percent and showed the industry what is possible to achieve in existing buildings," said Anthony E.
Empire State Realty Trust posted strong leasing activity in the fourth quarter of 2020, but still felt the impact of COVID-19.
Transit Wireless inked a deal to move its headquarters to 32,499 square feet at Empire State Realty Trust’s 1400 Broadway.
NEW YORK , Jan. 21, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT ) announced today it has signed two new leases at One Grand Central Place. Belkin Burden Goldman , LLP, a real estate-focused law firm, signed a new lease for 30,598 square feet at One Grand Central Place. Jeffrey Peck , Daniel Horowitz , and Jacob Stern from Savills represented Belkin Burden Goldman , LLP in the lease negotiations. Dime Community Bank, a local New York City -based bank that has been in business for more than 150 years, signed a new lease for 19,401 square feet. Previously Dime Community Bank occupied a 3,643 square foot space at the property. Charlie Terrasi from Laterra Real Estate represented Dime Community Bank in the lease negotiations. "There is no better way to start the year at OGCP than with a great, new lease and the significant growth of an existing tenant," said Thomas P. Durels , executive vice president, real estate for ESRT. "One Grand Central Place's location directly across from Grand Central Terminal is unmatched.
NEW YORK , Jan. 14, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT ) announced today that Ernest Klein & Co. Gourmet Foods, an international neighborhood supermarket, renewed its lease at 77 West 55 th Street for 6,927 square feet. "ESRT is pleased to continue our relationship with Ernest Klein , a popular grocer who has served the local neighborhood for more than 20 years," said Fred C. Posniak , Senior Vice President, Leasing. Landlord representation was provided by Fred C. Posniak of Empire State Realty Trust. About Empire State Realty Trust Empire State Realty Trust, Inc. (NYSE: ESRT ) owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State … Full story available on Benzinga.com
NEW YORK, Jan. 11, 2021 /CNW/ -- The Empire State Building today announced its participation in President-Elect Biden's plan to memorialize American lives lost from the COVID-19 pandemic with its… | January 11, 2021
NEW YORK , Dec. 17, 2020 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT ) announced today that ClearView Healthcare Partners, a global strategy firm with consultants who serve the life science sector, signed a new eleven-year lease at 111 West 33 rd Street for 39,067 square feet. The space was recaptured by ESRT from a prior tenant and fulfills the expansion needs of ClearView Healthcare Partners, who currently occupy 10,539 square feet at the property. "It is great to expand an excellent tenant, ClearView Healthcare Partners, at 111 West 33 rd Street," said Thomas Durels , EVP, Real Estate. "ClearView knows that they can return to the office with confidence with ESRT's leadership in Indoor Environmental Quality. ESRT's portfolio is the first in North America to be certified … Full story available on Benzinga.com
Empire State Realty Trust, Inc. [Newsroom]New York (ots/PRNewswire) - In seinem ersten Jahr der Einreichung bei GRESB erhielt der Empire State Realty Trust
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NOVA YORK, 25 de novembro de 2020 /PRNewswire/ -- No primeiro ano de participação no GRESB, o Empire State Realty Trust (NYSE: ESRT) ganhou o maior reconhecimento de 5 Estrelas e mais a Estrela Verde da GRESB 5, e a pontuação 88 na Avaliação Patrimonial de 2020 da GRESB, uma conquista que…
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NEW YORK, Nov. 24, 2020 /PRNewswire/ -- In its first year of submission to GRESB, Empire State Realty Trust (NYSE: ESRT) earned the highest possible GRESB 5 Star Rating and Green Star recognition, and score of 88, in the 2020 GRESB Real Estate Assessment, an achievement that places ESRT…
NEW YORK, 13. November 2020 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) und iHeartMedia gaben heute bekannt, dass in der diesjährigen Weihnachts-Musik-to-Light-Show des Empire State Buildings (ESB) Carrie Underwoods neuer Song „Hallelujah" mit John Legend aus ihrem…
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Empire State Realty Trust (NYSE:ESRT) closed its $180M mortgage loan for Manhattan office and retail property; new interest-only loan bears a fixed rate of