Empire State Realty Trust Inc. (ES9)
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Empire State Realty Trust, Inc. (ESRT) Q3 2025 Earnings Call Transcript
Empire State Realty Trust, Inc. ( ESRT ) Q3 2025 Earnings Call October 30, 2025 12:00 PM EDT Company Participants Heather Lawson - Senior VP, Chief Counsel, Corporate & Secretary Anthony Malkin - Chairman & CEO Thomas Durels - Executive Officer Ryan Kass Stephen Horn - Executive VP, Chief Financial & Accounting Officer Christina Chiu - President Conference Call Participants Manus Ibekwe Seth Bergey - Citigroup Inc., Research Division Blaine Heck - Wells Fargo Securities, LLC, Research Division Dylan Burzinski - Green Street Advisors, LLC, Research Division Regan Sweeney - BMO Capital Markets Equity Research Presentation Heather Lawson Senior VP, Chief Counsel, Corporate & Secretary " Anthony Malkin Chairman & CEO " Thomas Durels Executive Officer " Ryan Kass " Stephen Horn Executive VP, Chief Financial & Accounting Officer " Christina Chiu President " Manus Ibekwe " Evercore ISI Institutional Equities, Research Division Seth Bergey Citigroup Inc., Research Division " Citigroup Inc., Research Division Blaine Heck Wells Fargo Securities, LLC, Research Division " Wells Fargo Securities, LLC, Research Division Dylan Burzinski Green Street Advisors, LLC, Research Division " Green Street Advisors, LLC, Research Division Regan Sweeney BMO Capital Markets Equity Research " BMO Capital Markets Equity Research[ id="-1" name="Operator" /> Greetings, and welcome to the Empire State Realty Trust Third Quarter 2025 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
Empire State Realty Trust, Inc. (ESRT) Q2 2025 Earnings Call Transcript
Empire State Realty Trust, Inc. (NYSE:ESRT ) Q2 2025 Earnings Conference Call July 24, 2025 12:00 PM ET Company Participants Anthony E. Malkin - Chairman & CEO Christina Chiu - President Heather M.
Empire State Realty Trust, Inc. (ESRT) Q1 2025 Earnings Call Transcript
Empire State Realty Trust, Inc. (NYSE:ESRT ) Q1 2025 Earnings Conference Call April 30, 2025 12:00 PM ET Company Participants Heather Houston – Senior Vice President, Chief Counsel, Corporate and Secretary Tony Malkin – Chairman and Chief Executive Officer Thomas Durels – Executive Vice President-Real Estate Steve Horn – Executive Vice President, Chief Financial Officer and Chief Accounting Officer Christina Chiu – President Conference Call Participants Steve Sakwa – Evercore ISI Regan Sweeney – BMO Capital Markets Blaine Heck – Wells Fargo Seth Bergey – Citi Dylan Burzinski – Green Street Operator Greetings, and welcome to the Empire State Realty Trust First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode.
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Empire State Realty Trust Inc. Profile
| Diversified REITs Industry | Real Estate Sector | Anthony E. Malkin CEO | XMUN Exchange | US2921041065 ISIN |
| US Country | 667 Employees | 15 Dec 2025 Last Dividend | - Last Split | 2 Oct 2013 IPO Date |
Overview
Empire State Realty Trust, Inc. (ESRT), traded on the New York Stock Exchange under the ticker NYSE: ESRT, is a stalwart in the New York City real estate scene. As a Real Estate Investment Trust (REIT), it specializes in owning, operating, and managing a diverse portfolio of properties. This includes a mix of modernized office spaces, retail locations, and multifamily residential units, all strategically located to leverage the bustling urban landscape of NYC. Notably, ESRT is at the forefront of adopting and implementing energy-efficient practices and measures to enhance indoor environmental quality across its properties. The crown jewel of its holdings is the world-renowned Empire State Building, an iconic structure celebrated for its Observatory, which has been recognized by Tripadvisor's 2023 Travelers' Choice Awards: Best of the Best as the number one attraction in the United States for two consecutive years. As of the end of the third quarter of 2023, ESRT's portfolio boasts approximately 9.3 million rentable square feet, encompassing both commercial and residential spaces.
Products and Services
- Office Space:
- Retail Space:
- Multifamily Residential Units:
- Empire State Building Observatory:
ESRT offers around 8.6 million rentable square feet of office space, meticulously modernized and located in key New York City locales. These spaces cater to a wide array of businesses seeking prime locations combined with sustainability and state-of-the-art amenities.
With about 0.7 million rentable square feet dedicated to retail, ESRT provides strategically located retail units. These spaces are designed to benefit from high foot traffic and visibility, thereby offering retail tenants a competitive edge in a vibrant urban market.
Complementing its commercial offerings, ESRT manages 727 residential units spread across three multifamily properties. These units emphasize comfort and convenience, boasting modern amenities and a focus on energy efficiency and indoor environmental quality.
As part of the Empire State Building, ESRT offers the Observatory experience - a globally recognized attraction. Winning Tripadvisor’s 2023 Travelers’ Choice Awards: Best of the Best, the Observatory provides unparalleled views of New York City and serves as a major draw for both tourists and locals alike.
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