Why Invest

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets and the Observatory deck attraction in ESRT’s flagship Empire State Building – the “World’s Most Famous Building”. The Company is the recognized leader in energy efficiency and indoor environmental quality. As of March 31, 2024, ESRT's portfolio is comprised of approximately 8.6 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 727 residential units.  More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on FacebookInstagramTikTokX and LinkedIn.

 

100% Renewable Wind Energy

Entire portfolio is 100% powered by renewable wind energy and is the nation’s largest 100% user of green power in real estate per the EPA

Fitwel Champion

89% of Manhattan portfolio is certified a rigorous third-party building certification system that supports healthier workplace environments to help improve occupant health and productivity

GRESB 5 Star Rating

Achieved GRESB 5 Star Rating, Green Star Recognition for the fourth consecutive year with a score of 92

WELL Health-Safety rating

First commercial portfolio in the Americas to achieve the WELL Health-Safety rating, an evidence based third-party verified rating of the health and safety policies and protocols for new and existing buildings

9.3 Million Square Foot Office & Retail Portfolio

Fully modernized, energy efficient with Indoor Environmental Quality leadership centrally located near mass transit

Manhattan portfolio value proposition

Substantially lower price point versus rents for new construction/aged Class A properties, and offer much more value than Class B properties

$834 Million of Liquidity

Comprised of $334M cash plus $500M undrawn capacity on revolving credit facility

$54 Million Contracted Initial Cash Revenues 

From signed leases that have not yet commenced and burn off of free- rent through 2028

Upside from Observatory performance restoration

Pre-COVID, Observatory generated $129 million in annual revenue