Empire State Realty Trust, Inc. (ESRT) company profile

Empire State Realty Trust, Inc. is a real estate investment trust that owns, operates, manages, acquires, and repositions commercial and residential real estate assets. The company operates through two business segments: real estate and observatory. Its portfolio includes office properties, retail spaces, multifamily residential units, and entitled land. In addition to leasing space, the firm operates the 86th and 102nd floor observatories at the flagship Empire State Building. Its customers include office and retail tenants, residential apartment tenants, and tourists visiting the observatory attraction.

The company's commercial portfolio is concentrated in New York City, featuring ten office properties located in Manhattan, prime retail assets, and 743 residential units, alongside entitled land in Stamford, Connecticut. The company's principal executive offices are located in New York, New York.

Summary of the business section of Empire State Realty Trust's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“the remaining Class A common stock owned by the Helmsley estate following the completion of this offering and the use of proceeds therefrom (6,411,944 shares of our Class A common stock based on the initial public offering price of $13.00 per share) at a per share price equal to the initial public offering price less the underwriting discount and commission.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

“As of December 31, 2025, we employed 642 people, of whom approximately 407 are covered by collective bargaining agreements.”