Empire State Realty Trust (NYSE:ESRT) is a publicly traded real estate investment trust (REIT) focused on the ownership, management and operation of office and retail properties. The company’s portfolio features the iconic Empire State Building in Midtown Manhattan, alongside a diversified collection of commercial assets situated throughout Manhattan, Brooklyn and select markets in Upstate New York. By offering premium office space and street-level retail, Empire State Realty Trust positions itself as a landlord of choice for corporate tenants, retailers and experiential brands seeking high-profile addresses.
Established through a spin-off of assets in early 2013, Empire State Realty Trust consolidated a mix of landmark and Class A properties, creating scale in one of the world’s most competitive real estate markets. Over the years, the company has pursued both acquisitions and selective dispositions to optimize its portfolio, strengthen its balance sheet and enhance long-term income stability. Its hands-on approach to property management includes tenant relations, leasing strategy and capital improvements designed to modernize building systems and elevate the occupant experience.
In addition to its marquee office towers, Empire State Realty Trust maintains a robust retail footprint, hosting a range of global retailers, dining concepts and visitor attractions. The company leverages the draw of its flagship asset to drive foot traffic and generate ancillary revenue through marketing programs, observation deck ticket sales and media partnerships. It also emphasizes sustainability and energy efficiency initiatives, pursuing certifications and upgrades that align with evolving tenant and community expectations.
Headquartered in New York City, Empire State Realty Trust is led by Chairman and Chief Executive Officer Anthony E. Malkin, whose family has a long legacy in Manhattan real estate development and investment. Under his leadership, the trust has remained committed to enhancing shareholder value through disciplined portfolio management, strategic investments and an operational focus on maximizing occupancy and rental growth across its properties.
