Empire State Realty Trust, Inc.
No SEC Form 4 filings for $ESRT in the last 30 days.
See all $ESRT insider activity →Empire State Realty Trust (ESRT) declined 28.37% YTD, closing at $4.67 with an $808.53M market cap. Longleaf Partners Small-Cap Fund cited headwinds from the Empire State Building Observatory's performance, despite a strong NYC office market and asset sales. The fund sees the stock as oversold, with FFO per share estimates down 9% YTD.
Empire State Realty Trust (ESRT) shares rose following an SEC filing revealing Erez Asset Management's 5.8% stake. The activist investor's position may influence the REIT's strategic decisions.
Bruce Schanzer, via Erez Asset Management, disclosed a 5.8% stake in Empire State Realty Trust (ESRT) worth $43 million. He plans to engage with management on strategy, capital use, and governance, including a potential asset review. Schanzer may buy or sell more shares as he evaluates the company.
Over the past 7 days, AlphAI's AI scored 1 news story mentioning ESRT (Empire State Realty Trust, Inc.). Coverage has skewed bearish: 0 bullish, 0 neutral, and 1 bearish.
Recent ESRT coverage spans financial news, sector analysis and mergers & acquisitions.
The Observatory issues weigh on ESRT's earnings outlook, likely pressuring the stock lower.
The new sizable activist stake could pressure the REIT's board and influence strategic direction, potentially driving short-term price volatility.
Activist stake may trigger governance scrutiny and possible strategic changes.
ESRT’s gain is presented as an exception to the broader slump, implying idiosyncratic positioning.
The downgrade suggests weaker near‑term performance, likely pressuring the stock further.
AlphAI scores every news story that mentions ESRT with an AI model for sentiment and relevance, and aggregates insider trades from Empire State Realty Trust, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Empire State Realty Trust (ESRT) declined 28.37% YTD, closing at $4.67 with an $808.53M market cap. Longleaf Partners Small-Cap Fund cited headwinds from the Empire State Building Observatory's performance, despite a strong NYC office market and asset sales. The fund sees the stock as oversold, with FFO per share estimates down 9% YTD.
1 min readEmpire State Realty Trust (ESRT) shares rose following an SEC filing revealing Erez Asset Management's 5.8% stake. The activist investor's position may influence the REIT's strategic decisions.
1 min readBruce Schanzer, via Erez Asset Management, disclosed a 5.8% stake in Empire State Realty Trust (ESRT) worth $43 million. He plans to engage with management on strategy, capital use, and governance, including a potential asset review. Schanzer may buy or sell more shares as he evaluates the company.
1 min readReal estate stocks declined due to rising bond yields and sector rotation into technology. KB Home (KBH) fell despite earnings beat, citing margin guidance. S&P 500 Real Estate Index dropped 1.36%. Crown Castle (CCI) and SBA Communications (SBAC) led large-cap losers, while Howard Hughes (HHH) gained 13.63%.
6 min readEmpire State Realty Trust (ESRT) shares fell 5.53% after Wells Fargo cut its price target from $6 to $5, citing weak equity returns and high leverage. The stock is in a short-term downtrend, with key support at $3.70 and resistance at $4.50. ESRT reported $767.8M in revenue, a 52.3% gross margin, and a 41.1% EBITDA margin, but faces challenges due to its high debt-to-equity ratio of 2.14.
2 min readDemand for Class B and C office spaces in Manhattan is rising, with new leasing reaching 7 million square feet in the first half of 2026, surpassing pre-pandemic averages. Class A demand has slightly decreased. Empire State Realty Trust (ESRT) highlights the importance of amenities in attracting tenants, with rents in the low $60s per square foot. Outdoor spaces and meeting areas are in high demand, while fitness centers are less prioritized. According to CoStar, overall office demand in New Yor
5 min readNew York City’s declines in international tourism over the past year since President Donald Trump assumed office are starting to affect Empire State Realty Trust (ESRT)’s finances. The real estate investment trust (REIT) reported second-quarter funds from operations (FFO) of $57 million, or 21 cents per share, marking a loss of $25.8 million or 15 cents per share from the same period a year ago.
6 min readCommercial Observer reports Empire State Realty Trust (ESRT) is marketing 1359 Broadway for sale. The 22-story, 486,000 sq ft building could fetch about $225 million, or $463 per sq ft, with no attached debt. It is 95% leased, including SLCE Architects and Infinium Wall Systems. ESRT recently bought Midtown land and agreed to other acquisitions.
4 min readEmpire State Realty Trust (ESRT) is marketing its mixed-use property at 1359 Broadway for sale, seeking about $225 million, according to sources cited by Commercial Observer. The 486,000 sq ft, 22-story office and retail building is about 95% leased. Recent leases include Infinium Wall Systems and ESRT deals in Q2 2025. No debt encumbers the property.
4 min readUnited Talent Agency (UTA) will lease 101,000 sq ft at the Empire State Building, covering floors 32-35, according to the New York Post. The asking rent was $96 per sq ft, with three consolidated offices totaling 81,000 sq ft. Lease length was not disclosed. Empire State Realty Trust said the building was 96.1% leased at Q1 end.
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