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Wed, 01 Feb 2023 13:00:00 +0000 |
Empire State Realty Trust Among the First to Renew WELL Health-Safety Rating for the Second Time, and Commit to WELL at Scale and Inaugural WELL Equity Rating
NEW YORK, February 01, 2023--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it achieved the WELL Health-Safety Rating across 100% of its portfolio for the third year in a row and committed to the International WELL Building Institute’s (IWBI) WELL at scale program and inaugural WELL Equity Rating. ESRT was the first commercial real estate portfolio in the Americas to achieve the WELL Health-Safety rating in 2020 – one of the industry’s most rigorous ratings for healthy buildin
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Tue, 31 Jan 2023 14:16:00 +0000 |
Empire State Realty Trust Selected for 2023 Bloomberg Gender-Equality Index for Second Consecutive Year
NEW YORK, January 31, 2023--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it was included in the 2023 Bloomberg Gender-Equality Index (GEI) – a modified market capitalization-weighted index developed to gauge the performance of public companies committed to transparency in gender data reporting – for the second consecutive year with an overall score of 76. ESRT’s overall score improved by 14 points from the previous year’s submission, is seven points higher than the average s
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Sat, 28 Jan 2023 14:00:00 +0000 |
What's Going on With REITs? An Investors Guide
In this podcast, Motley Fool analyst Deidre Woollard and Motley Fool contributor Matt Frankel discuss: How REITs differ from stocks. Publicly traded REITs vs. private REITs. One office REIT that's evolving.
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Fri, 27 Jan 2023 11:11:00 +0000 |
This Beaten-Down Stock Could Finally Turn Around in 2023
Empire State Realty Trust (NYSE: ESRT) has been in operation for many decades, but the owner of the iconic Empire State Building and other New York City commercial properties has only been listed on the public markets since 2013. The NYC office market had started to deteriorate even before COVID-19 hit. There's also the popular observatory atop the Empire State Building: The REIT completed a $165 million redevelopment of it in December 2019, but COVID required it to close shortly thereafter.
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Thu, 26 Jan 2023 21:15:00 +0000 |
Empire State Realty Trust Announces 2022 Tax Treatment of Its Distributions
NEW YORK, January 26, 2023--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
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Tue, 24 Jan 2023 16:47:00 +0000 |
The Empire State Building Observatory Reveals New Host Uniforms with Designer Peyman Umay
NEW YORK, January 24, 2023--The Empire State Building today unveiled its newly designed Observatory host uniforms to button up the recent $165 million reimagination of the Observatory Experience. More than 100 Observatory hosts and gift shop attendants will wear the work of renowned fashion designer Peyman Umay who worked over two years to incorporate the Empire State Building’s iconic Art Deco style and complement the colors of the Observatory’s extensive exhibit galleries.
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Fri, 20 Jan 2023 20:55:00 +0000 |
Empire State Building Kicks off Lunar New Year 2023 Celebrations
NEW YORK, January 20, 2023--The Empire State Building today kicked off celebrations for Lunar New Year with a tower lighting ceremony and music performance; festive pop-up with NYC food vendor Sheng Mary Bakery; a corner display on the building’s iconic 86th Floor Observatory; and reveal of the Fifth Avenue Lobby window installation to honor the Chinese zodiac’s Year of the Rabbit.
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Thu, 12 Jan 2023 21:15:00 +0000 |
Empire State Realty Trust Announces Dates for Fourth Quarter 2022 Earnings Release and Conference Call
NEW YORK, January 12, 2023--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
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Wed, 11 Jan 2023 21:15:00 +0000 |
Empire State Realty Announces Director Leslie D. Biddle to Step Down
NEW YORK, January 11, 2023--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 ann
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Tue, 10 Jan 2023 19:56:00 +0000 |
Top Office Owners Don’t Want to Own Only Office Buildings Anymore
Many are scouting for residential projects, as the rise of remote work has diminished the importance of office towers that populate city business districts.
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Thu, 05 Jan 2023 21:30:00 +0000 |
ESRT Welcomes Calzedonia to Retail Roster at 1333 Broadway
NEW YORK, January 05, 2023--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it welcomed Italian legwear and beachwear brand Calzedonia USA, Inc. to its retail roster at 1333 Broadway. With this new 902 square foot lease, all retail spaces at 1333 Broadway are now fully leased.
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Wed, 21 Dec 2022 22:59:59 +0000 |
Empire State Realty buys NoHo apartment building for $115M, sells office assets
Empire State Building owner Empire State Realty Trust Inc. has bought a rental apartment building in NoHo, funded partly by the sales of two of its office buildings in the New York City area. Empire State Realty (NYSE: ESRT) said it closed on the purchase of a full-service rental apartment asset at 298 Mulberry St. for $115 million. The building, at the intersection of East Houston Street and Mulberry Street, is walking distance to New York University’s campus.
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Wed, 21 Dec 2022 13:58:00 +0000 |
Empire State Realty Trust Provides Business Update
NEW YORK, December 21, 2022--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 pr
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Mon, 19 Dec 2022 19:14:00 +0000 |
Empire State Building Announces Special Holiday Music-to-Light Show and Lighting Ceremony with the Backstreet Boys, in Partnership with iHeartMedia
The Empire State Building (ESB), in partnership with iHeartMedia New York, announced today that it will premiere its annual holiday music-to-light spectacular set to music from the Backstreet Boys' new Christmas album, "A Very Backstreet Christmas." Once again, the light show will debut on Dec. 19 and run nightly through Dec. 25, timed to a 7 p.m. EST broadcast on iHeartRadio's Z100, 106.7 Lite FM, and 103.5 KTU.
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Wed, 14 Dec 2022 21:08:00 +0000 |
Empire State Realty Trust Appoints Christina Chiu as Executive Vice President, Chief Operating Officer & Chief Financial Officer
Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Executive Vice President, Chief Financial Officer Christina Chiu has also been named the company's Chief Operating Officer. Chiu's areas of oversight include capital markets, financial planning and analysis, financial reporting, tax, treasury, investor relations, information technology, legal and human resources.
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Fri, 09 Dec 2022 18:10:00 +0000 |
Empire State Realty Trust Announces Dividend for Fourth Quarter 2022
NEW YORK, December 09, 2022--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 an
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Mon, 28 Nov 2022 16:40:00 +0000 |
'Tis the Season: Empire State Building Unveils Spectacular Holiday Decorations, Window Displays, and First Ever Santa Visit for Observatory Guests
Santa's helpers delivered special surprises to the Empire State Building (ESB) this year, which include festive decorations, musical performances, and multiple visits from Santa Claus himself.
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Thu, 10 Nov 2022 21:30:00 +0000 |
ESRT Welcomes Pandora to Retail Roster at 112 W. 34th Street
Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it welcomed national jewelry brand Pandora with a lease signed at 112 W. 34th Street. All retail spaces at 112 W. 34th Street are fully leased as Pandora will occupy a store previously leased to Swatch.
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Thu, 10 Nov 2022 11:12:00 +0000 |
5 Companies Buying Back Their Stock Aggressively in This Bear Market
On the other hand, some companies have just started buying back stock in 2022 in response to the recent market declines. Investors are generally pessimistic about consumer spending, and this has caused Simon Property Group (NYSE: SPG) to plunge by about 32% from its 52-week high, despite excellent results from the business. Simon approved a $2 billion stock-buyback plan (about 5% of the current market cap) and has repurchased nearly 2 million shares in the past two quarters alone.
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Tue, 08 Nov 2022 10:21:18 +0000 |
Empire State Realty Trust Third Quarter 2022 Earnings: FFO per share: US$0.3 (vs US$0.31 in 3Q 2021)
Empire State Realty Trust ( NYSE:ESRT ) Third Quarter 2022 Results Key Financial Results Revenue: US$183.7m (up 11...
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