5.33
+0.38%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Empire State Realty Trust
From its filings with the US Securities and Exchange Commission
Empire State Realty Trust is based in New York, New York and is incorporated in Maryland. Its shares trade on NYSE under the ticker ESRT. The SEC classifies its business as real estate investment trusts. In the fiscal year to 31 December 2025, it reported revenue of $768.3m and net income of $73.0m. At that date it held total assets of $4.47bn and shareholders' equity of $1.06bn.
Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused real estate investment trust ("REIT") that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located office, retail, and multifamily assets. ESRT’s flagship Empire State Building, the “World's Most Famous Building,” features its iconic Observatory, ranked the #1 Top Attraction in New York City for the fourth consecutive year in Tripadvisor’s 2025 Travelers’ Choice Awards: Best of the Best Things to Do. The Company is a recognized leader in energy efficiency and indoor environmental quality.
As of December 31, 2025, our portfolio was comprised of approximately 7.9 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 743 residential units, which are located in New York City. Our office portfolio included 10 properties (including three long-term ground leasehold interests), all of which are located in Manhattan. Additionally, we have entitled land in Stamford, Connecticut that can support the development of either office or residential per local zoning.
Quoted from its 10-K, filed 2 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Real Estate
- Industry
- Equity Real Estate Investment Trusts (REITs)
- Listed since
- 2 Oct 2013
- Employees
- 642
- Website
- empirestaterealtytrust.com ↗
- Head office
- 111 WEST 33RD STREET, 12TH FL, NEW YORK, NY, 10120
- Incorporated in
- MD
- Classification
- Real Estate Investment Trusts
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Anthony MalkinChairman of the Board, Chief Executive Officer, since 2013$13.2m
- Mr. Peter MalkinChairman Emeritus
- Ms. Christina ChiuPresident, Chief Operating Officer$6.5m
- Mr. Stephen HornChief Financial Officer, Executive Vice President, Chief Accounting Officer$1.4m
- Mr. Thomas DurelsExecutive Vice President - Real Estate, since 2017$6.1m
- Mr. Steven GilbertLead Independent Director$313,504
- Mr. George MalkinDirector
- Mr. S. Michael GilibertoIndependent Director$240,002
- Ms. Patricia HanIndependent Director$232,502
- Mr. Grant HillIndependent Director$231,004
- Mr. R. Paige HoodIndependent Director$253,504
- Mr. James RobinsonIndependent Director$231,004
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 88
- Environment
- 99
- Social
- 99
- Governance
- 65
- Direct emissions (scope 1)
- 2,309 t
- Energy emissions (scope 2)
- 16,823 t
- Value chain emissions (scope 3)
- 32,508 t
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Empire State Realty Trust Inc has a strong and iconic portfolio of properties, including the famous Empire State Building, which attracts high-profile tenants and generates significant revenue.
- The company's strategic location in New York City positions it in a prime real estate market, offering potential for increased leasing opportunities and property value appreciation.
- Empire State Realty Trust Inc has a diversified tenant base, reducing dependency on any single industry or tenant and providing stability to its rental income.
Weaknesses
- The company's heavy reliance on the New York real estate market leaves it vulnerable to any downturns or adverse economic conditions specific to the region.
- Empire State Realty Trust Inc faces intense competition from other real estate companies in New York City, which may impact its ability to attract and retain tenants and command favorable rental rates.
- The ongoing costs associated with maintaining and upgrading iconic properties like the Empire State Building can be high, potentially impacting the company's profitability.
Opportunities
- Expansion and acquisition opportunities exist both within New York City and in other attractive real estate markets, allowing Empire State Realty Trust Inc to diversify its portfolio and increase its market presence.
- Technological advancements and energy-saving initiatives present opportunities to enhance the efficiency and sustainability of the company's properties, reducing operating costs and attracting environmentally conscious tenants.
- The increasing demand for flexible workspace solutions and collaborative office environments provides an opportunity for Empire State Realty Trust Inc to adapt its properties and attract innovative companies.
Threats
- Economic downturns or fluctuations in the real estate market could negatively impact occupancy rates and rental prices, affecting Empire State Realty Trust Inc's financial performance.
- Changes in regulations and government policies related to property taxes, zoning, or environmental standards may increase costs and affect the company's ability to develop or redevelop its properties.
- The ongoing COVID-19 pandemic and its potential long-term effects on the commercial real estate industry pose a threat to Empire State Realty Trust Inc's leasing activity and overall financial stability.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.