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Empire State Realty Trust Inc (ESRT) is a real estate investment trust focused on owning and managing a portfolio of office, retail, and multifamily properties. The company's main activities include property management and leasing services. ESRT's services cater to tenants, brokers, and investors, providing modernized and energy-efficient spaces. Its properties serve various industries, including commercial office spaces and retail sectors. The company operates primarily in the New York metropolitan area, with a focus on Manhattan. ESRT is headquartered in New York, the US.
Headquarters
United States of America
Address
12th Floor, 111 West 33rd Street, New York City, 10120
Website
www.esrtreit.com
Telephone
1 212 8502600
No of Employees
642
Industry
Construction
Ticker Symbol & Exchange
ESRT (NYSE)
Revenue (2024)
$768.3M
3.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-7.8%
(2024 vs 2023)
Market Cap*
$874.2M
Net Profit Margin (2025)
XYZ
-7.7%
(2024 vs 2023)
* As of and is in US$
Empire State Realty Trust Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Commercial Real Estate Leasing |
| Property Operations and Development |
| Real Estate Investment |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In April, the company signed a 34K square foot expansion and renewal lease agreement with Carolina Herrera at 501 Seventh Avenue. |
| 2024 | Plans/Strategy | In October, the company announced its plans to open a new ticketing center at the world-famous Empire State Building Observatory. |
| 2023 | Asset Purchase | In October, the company announced the acquisition of two adjacent properties in the Williamsburg neighborhood of Brooklyn, New York, the US. |
Competitor Comparison
| Key Parameters | Empire State Realty Trust Inc | BXP Inc | SL Green Realty Corp | Easterly Government Properties Inc | Veris Residential Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | New York City | Boston | New York | Washington, D.C. | Jersey City |
| State/Province | New York | Massachusetts | New York | WashingtonD.C. | New Jersey |
| No. of Employees | 642 | 816 | 1,289 | 50 | 181 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Anthony E. Malkin | Chief Executive Officer; Chairman | Executive Board | 2013 | 62 |
| Steve Horn | Executive Vice President; Chief Financial Officer; Chief Accounting Officer | Senior Management | - | - |
| Sandy Jacolow | Chief Technology Officer; Senior Vice President | Senior Management | - | - |
| Christina Chiu | President | Senior Management | 2020 | - |
| Diane Fields | Vice President - Property Management | Senior Management | 2013 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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