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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.


Is WeWork getting too big for its boots as
a landlord?
12/19/18
...providers as bringing tenants,” Tony Malkin, CEO of Empire State Realty Trust, told Bloomberg. “But I think now we’ve seen — particularly with WeWork and other...

Signature Bank ups footprint at 1400 Broadway to more than 100K sf
11/27/18
...space at 1400 Broadway. The building is run by Empire State Realty Trust. Andrew Roos, Michael Cohen and Howard Kaplowitz of Colliers International represented Signature Bank, while...

Insurer takes 40K sf at 111 West 33rd Street
11/21/18
...Empire State Realty Trust...

Japan-based REIT funds have dumped over half their US stocks: report
10/31/18
...percent stake in SL Green and 1.96 percent in Empire State Realty Trust. Daiwa took advantage of low interest rates after the financial crisis and chased high...

The top NYC office leases in September
10/12/18
...International represented the tenant while Keith Cody of Empire State Realty Trust represented the landlord in house, along with Neil Rubin of Newmark Knight Frank. 8) Duff...

Signature Bank inks 16-year lease at ESRT’s 1400 Broadway
09/26/18
...inked a 16-year lease for three floors at Empire State Realty Trust...

ESRT exec Thomas DeRosa lists 930 Fifth co-op for $5.9 million
09/14/18
...Thomas DeRosa and 930 Fifth Avenue Empire State Realty Trust director Thomas DeRosa has listed his 930 Fifth Avenue apartment for $5.9 million. The Corcoran Group...

Here’s how much NY AG candidates are hauling in from real estate donors
08/31/18
...LLC. Both candidates have also received money from Empire State Realty Trust CEO Anthony Malkin ($2,000 to each), BFC Partners principal Donald Capoccia ($2,500 to James and $1,000 to...

Aetna consolidating NYC offices in Soho
08/09/18
...Midtown at SL Green Realty's 100 Park Avenue and Empire State Realty Trust...

The top NYC office leases in July
08/07/18
...seven-and-a-half-year lease for 312,947 square feet at 350 Fifth Avenue. Empire State Realty Trust is the landlord of the building. 6) McGraw-Hill, 1325 Sixth Avenue, Midtown West - 136,176 square feet...

For family dynasties: Adapt or die
08/06/18
...that it will. Even Anthony Malkin, head of Empire State Realty Trust and himself the scion of a real estate dynasty, believes that the family business...

LinkedIn is taking even more space at the Empire State Building
07/05/18
...report said. The Empire State Building, owned by Empire State Realty Trust, has an interior Urban Campus that includes a 15,000- square-foot fitness center and a...

Here are the quiet tricks NYC retail landlords use to boost rent rolls
06/29/18
...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...

Why more and more investors turning to real estate syndication
06/25/18
...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...

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...
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 Office Leasing
  • Address 1400 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 20,691
  • Publication Date 12/03/2018
  • Event Date 11/26/2018
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage Empire State Realty Trust, Newmark Knight Frank
  • Party 1 Broker Keith Cody, Leslie Nadel, Scott Klau, Erik Harris, Neil Rubin
  • Party 2 Signature Bank
  • Party 2 Brokerage Colliers International
  • Party 2 Broker Andrew Roos, Michael Cohen, Howard Kaplowitz
notes
The bank inked a deal to expand its lease for the Garment District location.
For more info, click here
  • Event Office Leasing
  • Address 111 West 33rd Street
  • Neighborhood Penn Plaza
  • Borough Manhattan
  • Square feet 42,000
  • Publication Date 12/03/2018
  • Event Date 11/21/2018
  • Party 1 Empire State Realty Trust
  • Party 2 FOJP Service Corp
notes
The medical risk insurer inked a lease for the Penn Plaza location.
For more info, click here
  • Event Office Leasing
  • Address 350 Fifth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 5,184
  • Publication Date 11/19/2018
  • Event Date 11/14/2018
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage JLL
  • Party 1 Broker Harley Dalton, Jonathan Fanuzzi, Paul Glickman
  • Party 2 Lax & Neville
  • Party 2 Brokerage CBRE
  • Party 2 Broker Brad Auerbach, David Hollander
notes
The law firm signed a lease for the Garment District location.
For more info, click here
  • Event Office Leasing
  • Address 1350 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 5,661
  • Publication Date 10/22/2018
  • Event Date 10/15/2018
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage Empire State Realty Trust
  • Party 1 Broker Keith Cody, Lindsay Godard
  • Party 2 Calzedonia
  • Party 2 Brokerage CBRE
  • Party 2 Broker Meghan Allen, Paul Amrich, Patrice Meagher
notes
The clothing company signed a lease for the Garment District space.
For more info, click here
  • Event Office Leasing
  • Address 350 Fifth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 26,800
  • Publication Date 10/01/2018
  • Event Date 09/28/2018
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage Empire State Realty Trust
  • Party 1 Broker Ryan Kass, Shanae Ursini
  • Party 2 HNTB
  • Party 2 Brokerage Colliers International
  • Party 2 Broker Sven Sykes
notes
The infrastructure consulting firm inked a deal to expand its lease for the Garment District space.
For more info, click here
  • Event Office Leasing
  • Address 1400 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 91,180
  • Publication Date 10/01/2018
  • Event Date 09/26/2018
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage Empire State Realty Trust, Newmark Knight Frank
  • Party 1 Broker Keith Cody, Neil Rubin
  • Party 2 Signature Bank
  • Party 2 Brokerage Colliers International
  • Party 2 Broker Michael Cohen, Andrew Roos, Howard Kaplowitz
notes
The bank signed a 16-year lease for the Garment District building.
For more info, click here
  • Event Office Leasing
  • Address 111 West 33rd Street
  • Neighborhood Penn Plaza
  • Borough Manhattan
  • Square feet 10,539
  • Price per foot $ 69.00
  • Publication Date 09/07/2018
  • Event Date 09/04/2018
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage Newmark Knight Frank, Empire State Realty Trust
  • Party 1 Broker Neil Rubin, Keith Cody
  • Party 2 ClearView Healthcare Partners
  • Party 2 Brokerage Transwestern
  • Party 2 Broker David Stockel
notes
The consultant firm inked a lease for the Penn Plaza building which had an asking rent of $69 per square foot.
For more info, click here
  • Event Office Leasing
  • Address 350 Fifth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 5,280
  • Publication Date 09/07/2018
  • Event Date 09/04/2018
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage Empire State Realty Trust
  • Party 1 Broker Tom Durels, Ryan Kass, Shanae Ursini
  • Party 2 Workday
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Robert Lowe, Paige Engeldrum
notes
The financial management software vendor inked a deal to expand its lease for the Garment District building.
For more info, click here
  • Event Retail Leasing
  • Address 1400 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 1,131
  • Price per foot $ 131.00
notes
The barbershop inked a 10-year lease for the Garment District location at $130 per square foot.
For more info, click here
  • Event Retail Leasing
  • Address 501 Seventh Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 1,000
  • Price per foot $ 10.00
notes
The Hawaiian-style eatery inked a 10-year lease for the Garment District space at $100 per square foot.
For more info, click here
  • Event Office Leasing
  • Building Name Empire State Building
  • Address 350 Fifth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 312,947
  • Price per foot $ 72.00
notes
The social network inked a 7.5-year lease to renew and expand its space at the Empire State Building at $72 per square foot.
For more info, click here
  • Event Office Leasing
  • Address 111 West 33rd Street
  • Neighborhood Penn Plaza
  • Borough Manhattan
  • Square feet 41,800
notes
The coffee maker is combining its 3 offices into one spot in Penn Plaza.
For more info, click here
  • Event Retail Leasing
  • Address 250 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 19,000
notes
The discount retailer expanded and renewed its lease in Midtown.
For more info, click here
  • Event Office Leasing
  • Address 250 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 12,600
notes
The music industry management firm inked a lease in Midtown.
For more info, click here
  • Event Office Leasing
  • Address Empire State Building, 350 Fifth Avenue
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 11,600
notes
The global professonial services firm inked a lease on the 50th floor of the Empire State Building in Midtown South.
For more info, click here
  • Event Office Leasing
  • Address 1359 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 29,946
notes
The Conference on Jewish Material Claims Against Germany exapdned and renewed its lease at the Midtown South building.
For more info, click here
  • Event Office Leasing
  • Address Empire State Building, 350 Fifth Avenue
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 12,800
notes
The software developer company inked a lease on the 50th floor of the Empire State Building in Midtown South.
For more info, click here
  • Event Office Leasing
  • Address 111 West 33rd Street
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 10,500
  • Price per foot $ 69.00
notes
The sports and entertainment company inked a 7-year deal with the asking rent of $69 per square foot.
For more info, click here
  • Event Retail Leasing
  • Address 501 Seventh Avenue
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 1,000
notes
The eatery signed a 10-year lease.
For more info, click here
  • Event Office Leasing
  • Address 250 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 26,150
notes
The music-based entertainment group inked a lease for the entire floor.
For more info, click here
  • Event Office Leasing
  • Address 250 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 85,400
  • Price per foot $ 67.00
notes
The society inked a lease for four floors in the 26-story building.
For more info, click here
  • Event Office Leasing
  • Address 1400 Broadway
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 108,000
  • Price per foot $ 59.00
  • Publication Date 09/25/2017
  • Event Date 09/20/2017
  • Party 1 Empire State Realty Trust
  • Party 2 Fragomen, Del Rey, Bersen & Lowey
notes
The global immigration firm inked a 16-year lease.
For more info, click here
  • Event Office Leasing
  • Address 350 Fifth Avenue
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 27,000
  • Price per foot $ 72.00
notes
The Asian-focused travel site exapnded its lease.
For more info, click here
  • Event Office Leasing
  • Address 60 East 42nd Street
  • Unit 26th FL
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 17,500
  • Price per foot $ 69.00
notes
The financial technology platform firm has signed a new lease for the 26th floor.
For more info, click here
  • Event Office Leasing
  • Address 111 West 33rd Street
  • Neighborhood Herald Square
  • Borough Manhattan
  • Square feet 80,900
notes
Gap's female apparel and accessories department signed a lease for the 8th and 9th floors for $65 per square foot.
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