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Why Invest

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and manages a well-positioned property portfolio of office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. Owner of the Empire State Building, the World’s Most Famous Building, ESRT also owns and operates its iconic, newly reimagined Observatory Experience. The company is a leader in healthy buildings, energy efficiency, and indoor environmental quality, and has the lowest greenhouse gas emissions per square foot of any publicly traded REIT portfolio in New York City. As of Mar 31, 2022, ESRT’s portfolio is comprised of approximately 9.4 million rentable square feet of office space, 700,000 rentable square feet of retail space and 625 units across two multifamily properties.  More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, Twitter 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

83% 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 second consecutive year with a score of 94

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

10.1 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

$1.4 Billion of Liquidity

Comprised of $582M cash plus $850M undrawn capacity on revolving credit facility

$44 Million Upside in Contractual revenue

From signed leases that have not yet commenced and burn off of free- rent through 2025

Upside from Observatory performance restoration

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