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Empire State Realty Trust

60 East 42nd Street
New York, NY 10165
(212) 953-0888
Website
EmpireStateRealtyTrust

Empire State Realty Trust is a real estate investment trust and the owner of the Empire State Building. The trust officially went public in 2013 when real estate syndicator Malkin Holdings spun off the initial public offering for the skyscraper. The IPO included about a dozen other office buildings and several retail properties in both New York City and nearby counties in New York State and Connecticut. The IPO proved to be somewhat contentious, as both Malkin and Empire State Realty Trust were caught up in a number of lawsuits, including one class-action by investors who claimed the new real estate trust unfairly compensated them (most of those have settled in Malkins favor). In the years since, the occupancy in the portfolio (and the Empire State Building) has dropped off, but Empire State Realty Trust has been able to offset those losses with occupancy increases in the retail portion of the portfolio.


Millennial City: How the “selfie” generation is revolutionizing NYC real estate
03/22/18
...by members of this much-buzzed-about generation. For example, Empire State Realty Trust, the owner of the Empire State Building, recently installed a 15,000-square-foot fitness center for...

Landlords in “nuclear arms race” to upgrade buildings: Ric Clark
03/20/18
...Rufrano, Regency Center’s CEO Hap Stein and Empire State Realty Trust’s CEO Anthony Malkin, said it can be a challenge to find useful technologies...

The top 10 NYC retail leases in February
03/06/18
...J. Maxx now occupies 47,000 square feet in the Empire State Realty Trust...

T.J. Maxx expands by 19K sf at ESRT’s Columbus Circle building
02/26/18
...footprint at its Columbus Circle location. Tom Durels, Empire State Realty Trust...

Uber inks lease for another NYC office
02/12/18
...Khosrowshahi Uber Technologies inked a 35,000-square-foot lease at Empire State Realty Trust’s 1400 Broadway for its second New York office. The new space will house the...

Can ESRT finally fix its retail problem?
02/02/18
...and the Empire State Building (Credit: Getty Images) Empire State Realty Trust is betting that a gut renovation of the iconic tower's increasingly vacant retail space...

NYC’s 10 most valuable retail leases of 2017
12/28/17
...signed a lease for a 43,000-square-foot store at Empire State Realty Trust’s 112 West 34th Street.Target Will Have An Entrance On 34th Street across from...

Behind the scenes at Fried Frank’s 2017 holiday party
12/06/17
...REBNY chair Bill Rudin; Kushner Companies' Laurent Morali; Empire State Realty Trust...

An insider’s guide to real estate syndication
12/05/17
...its unrealized value. Wien, maternal grandfather to current Empire State Realty Trust CEO Anthony Malkin, organized the syndication. To buy the world’s most famous skyscraper...

The 10 biggest office leases of October
11/06/17
...and Ken Meyerson of CBRE represented the tenant. Empire State Realty Trust is the landlord of the building. 4) Regus, 5 Penn Plaza, Hudson Yards - 60,000 square feet...

This real estate player paid $16K for Trump’s doodle of the Empire State Building
10/20/17
...group led by Anthony Malkin, the head of Empire State Realty Trust...

Moving on down the road: ASCAP inks lease at 250 West 57th Street
10/11/17
...Authors and Publishers is moving down Broadway to Empire State Realty Trust...

These were September’s 10 biggest office leases in NYC
10/03/17
...Neil Rubin, also of NKF, represented the landlord, Empire State Realty Trust, alongside Keith Cody in-house. 5) Lewis Brisbois Bisgaard & Smith, 77 Water Street, Financial District -...

Top EB-5 firm signs for 108K sf in Midtown
09/20/17
...Broadway and Anthony Malkin (Credit: Empire State Realty Trust and Getty Images) The global immigration firm Fragomen, Del Rey, Bernsen & Loewy may...

Empire State Realty Trust now has access to a lot more capital
09/05/17
...Maybe it's time to buy some buildings again? Empire State Realty Trust landed a new $1.365 billion credit facility from a consortium of banks with an option...

NYC’s great retail facade
...retail, most notably when the market is down. Empire State Realty Trust, for example, recently agreed to a generous TI package for Target at 112 West 34th...

The Long View: NYC real estate is addicted to foreign cash. The withdrawal symptoms ain’t going to be pretty
08/29/17
...and royals invested in Brookfield’s Manhattan West, Empire State Realty Trust, Harry Macklowe’s One Wall Street and Michael Stern and Kevin Maloney’s 111 West...

Joanne Podell on overpriced Manhattan homes, confronting sexism early in her career and scoring Nike as a client
08/28/17
...as well as a handful of landlords, including Empire State Realty Trust, Jack Resnick & Sons, TIAA-CREF and the Trump Organization. Podell joined Cushman from Newmark...

The quiet financier behind New York’s second-tallest condo project: Qatar
08/03/17
...last year bought $622 million worth of shares in Empire State Realty Trust.  Meanwhile a former QIA head, Sheikh Hamad Bin Jassim Bin Jaber al-Thani, is an...

The Closing: Joanne Podell
...as well as a handful of landlords, including Empire State Realty Trust, Jack Resnick & Sons, TIAA-CREF and the Trump Organization. Podell joined Cushman from Newmark...

Empire State Building owner to spend up to $150M on new observatory entrance
07/27/17
...office tenants. On a Thursday morning earnings call, Empire State Realty Trust announced a new capital project to move the entrance of the Empire State Building...

Re-penning the nation’s busiest transportation hub
...are. Tom Durels Director of leasing and operations, Empire State Realty Trust There’s a lot happening in and around Penn Station. What in particular are...

Cushman’s Podell wins REBNY retail award for big Nike deal on Fifth Ave.
06/14/17
...From left: Fred Posniak of Empire State Realty Trust and Andrew Mandell of Ripco Real Estate Corp., Joanne Podell, Kenji Ota, and John...

The top 10 NYC office leases in May
06/06/17
...space on the 8th and 9th floors of Empire State Realty Trust...

Can a weakening dollar save US hotels from Trump slump?
06/05/17
...not good, period” for hotels in April, and Empire State Realty Trust CEO Anthony Malkin also warned of a potential “PR bruise” for the U.S...
Vincent Sultana
Empire State Realty Trust, Real Estate Salesperson
111 West 33rd Street, 12th Floor, New York, NY
...
Jillian Santiago
Empire State Realty Trust, Real Estate Salesperson
111 West 33rd Street, 12th Floor, New York, NY
...
Fred Posniak
Empire State Realty Trust, Real Estate Salesperson
111 West 33rd Street, 12th Floor, New York, NY
...
Keith Cody
Empire State Realty Trust, Real Estate Salesperson
111 West 33rd Street, 12th Floor, New York, NY
...
Julie Christiano
Empire State Realty Trust, Real Estate Salesperson
111 West 33rd Street, 12th Floor, New York, NY
...
Justine Urbaites
Empire State Realty Trust, Limited Liability Broker
111 West 33rd Street, 12th Floor, New York, NY
...
Thomas Durels
Empire State Realty Trust, Limited Liability Broker
111 West 33rd Street, 12th Floor, New York, NY
...
Jeffrey Newman
Empire State Realty Trust, Associate Broker
111 West 33rd Street, 12th Floor, New York, NY
...
Ryan Kass
Empire State Realty Trust, Senior Vice President, Director of Leasing
60 East 42nd Street, New York, New York, (212)-953-0888
...
Anthony Malkin
Empire State Realty Trust, CEO, Chairman
60 East 42nd Street, New York, NY, (212) 953-0888
Anthony Malkin is chairman and CEO of the Manhattan-based commercial real estate investment...
For more info, click here
  • Event Retail Leasing
  • Address 112 West 34th Street
  • Neighborhood Penn Plaza
  • Borough Manhattan
  • Square feet 43,000
notes
Target, a mega discount department store, has signed a lease which will be its 3rd Manhattan location.
For more info, click here
  • Event Office Leasing
  • Address 250 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 26,100
  • Publication Date 04/01/2017
  • Event Date 02/15/2017
  • Party 1 Empire State Realty Trust
  • Party 2 Mount Sinai Health System
notes
The hospital network signed a lease.
For more info, click here
  • Event Office Leasing
  • Address 60 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 19,073
notes
The economic and financial database provider signed an early renewal and expansion lease.
For more info, click here
  • Event Retail Leasing
  • Address 1333 Avenue of the Americas
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 3,450
  • Publication Date 12/01/2016
  • Event Date 10/15/2016
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage Empire State Realty Trust
  • Party 1 Broker Fred Posniak
  • Party 2 Dr. Martens
  • Party 2 Brokerage McDevitt Company
  • Party 2 Broker Keith Fencl
notes
The British footwear and clothing company signed a lease.
For more info, click here
  • Event Retail Leasing
  • Address Empire State Building
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 2,789
  • Publication Date 11/01/2016
  • Event Date 09/15/2016
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage Empire State Realty Trust
  • Party 1 Broker Fred Posniak, Shanae Ursini
  • Party 2 Chopt
  • Party 2 Brokerage Esquire Properties
  • Party 2 Broker Craig Hantgan
notes
The custom salad bar signed a lease.
For more info, click here
  • Event Retail Leasing
  • Address 501 Seventh Avenue
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 2,000
  • Publication Date 11/01/2016
  • Event Date 09/15/2016
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage Empire State Realty Trust
  • Party 1 Broker Fred Posniak, Shanae Ursini
  • Party 2 Sweetcatch Poke Bar
  • Party 2 Brokerage Murro Realty
  • Party 2 Broker Jarrett Sharp
notes
The Hawaiian café signed a 10-year lease.
For more info, click here
  • Event Office Leasing
  • Address 1359 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 24,000
notes
The analytics firm signed a lease for the entire floor.
For more info, click here
  • Event Retail Leasing
  • Address 1333 Broadway
  • Neighborhood Herald Sqaure
  • Borough Manhattan
  • Square feet 908
  • Publication Date 09/01/2016
  • Event Date 07/15/2016
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage CBRE
  • Party 1 Broker Matt Chmielecki
  • Party 2 Rituals
  • Party 2 Brokerage Crown Retail Services
  • Party 2 Broker Hank O'Donnell, Chris DeCrosta
notes
The cosmetics company signed a lease.
For more info, click here
  • Event Office Leasing
  • Address 1350 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 3,605
  • Publication Date 09/01/2016
  • Event Date 07/15/2016
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage Empire State Realty Trust
  • Party 1 Broker Lindsay Goddard
  • Party 2 Valassis Digital
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Ben Shapiro, John Cilmi
notes
The digital company signed a lease.
For more info, click here
  • Event Office Leasing
  • Building Name Empire State Building
  • Address 350 Fifth Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 46,537
notes
The outdoor advertising company signed a lease.
For more info, click here
  • Event Office Leasing
  • Address 1350 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 4,847
notes
The insurance brokerage signed a lease on the 6th floor.
For more info, click here
  • Event Office Leasing
  • Address 60 East 42nd Street
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 3,188
  • Publication Date 08/01/2016
  • Event Date 06/17/2016
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage Empire State Realty Trust
  • Party 1 Broker Julie Christiano
  • Party 2 Integrated Security Services
  • Party 2 Brokerage ATLAS Commercial Realty
  • Party 2 Broker Dani O'Donnell, Joseph Ferrara
notes
The security company signed a lease.
For more info, click here
  • Event Office Leasing
  • Address 350 Fifth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 20,000
notes
The sales and marketing firm signed a lease.
For more info, click here
  • Event Office Leasing
  • Address 60 East 42nd Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 17,942
notes
The pharmaceutical company signed a lease.
For more info, click here
  • Event Financing
  • Address 10 Union Square East
  • Neighborhood Union Square
  • Borough Manhattan
  • Square feet 58,005
  • Price $ 50,000,000
  • Publication Date 06/01/2016
  • Event Date 05/18/2016
  • Party 1 Empire State Realty Trust
  • Party 2 MetLife
notes
The company secured a $50 million 10-year mortgage.
For more info, click here
  • Event Office Leasing
  • Address 250 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 37,680
notes
The insurance company signed a lease.
For more info, click here
  • Event Office Leasing
  • Address 350 Fifth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 25,300
  • Publication Date 04/01/2016
  • Event Date 02/15/2016
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage Empire State Realty Trust
  • Party 1 Broker Ryan Kass, Fred Posniak, Shanae Ursini
  • Party 2 Shutterstock
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Paul Ippolito
notes
The commercial digital imagery and music company signed a lease for a full floor.
For more info, click here
  • Event Retail Leasing
  • Address 250 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 4,432
notes
The commercial banking chain signed a lease.
For more info, click here
  • Event Retail Leasing
  • Address 1359 Broadway
  • Neighborhood Herald Square
  • Borough Manhattan
  • Square feet 1,187
  • Publication Date 04/01/2016
  • Event Date 02/15/2016
  • Party 1 Brokerage Empire State Realty Trust, Newmark Grubb Knight Frank
  • Party 1 Broker Fred Posniak, Shanae Ursini, Jared Lack
  • Party 2 Papyrus
  • Party 2 Brokerage Empire State Realty Trust, Newmark Grubb Knight Frank
  • Party 2 Broker Fred Posniak, Shanae Ursini, Jared Lack
notes
The speciality paper and card company signed a lease.
For more info, click here
  • Event Office Leasing
  • Address 111 West 33rd Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 36,896
  • Publication Date 04/01/2016
  • Event Date 02/15/2016
  • Party 1 Empire State Realty Trust
  • Party 2 Empire State Realty Trust
notes
The real estate company is moving offices to make room for renovations at their previous location.
For more info, click here
  • Event Office Leasing
  • Building Name Empire State Building
  • Address 350 Fifth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 25,300
  • Publication Date 03/01/2016
  • Event Date 01/01/2016
  • Party 1 Empire State Building Company
  • Party 1 Brokerage Empire State Realty Trust
  • Party 1 Broker Ryan Kass, Fred Posniak, Shanae Ursini
  • Party 2 Shutterstock
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Paul Ippolito
notes
The stock footage company signed a lease.
For more info, click here
  • Event Office Leasing
  • Building Name Empire State Building
  • Address 350 Fifth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 9,000
notes
The travel company signed a lease on the 72nd floor.
For more info, click here
  • Event Office Leasing
  • Address 1400 Broadway
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 13,500
notes
The communications agency signed a lease.
For more info, click here
  • Event Retail Leasing
  • Address 1333 Broadway
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 902
  • Price per foot $ 450.00
notes
The cosmetics company signed a lease.
For more info, click here
  • Event Office Leasing
  • Address 60 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 7,067
notes
The company signed a lease.
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