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Robeco Institutional Asset Management B.V. bought a new stake in shares of Empire State Realty Trust, Inc. (NYSE: ESRT) in the undefined quarter, according to the company in its most recent filing with the SEC. The fund bought 520,000 shares of the real estate investment trust's stock, valued at approximately $3,983,000. Robeco Institutional
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that it will release its fourth quarter 2025 financial results on Tuesday, February 17, 2026, after the close of markets on the New York Stock Exchange. A conference call will be held on Wednesday, February 18, 2026, at 12:00 p.m. Eastern Time. During the conference call, the Company's officers will review fourth quarter performance, discuss recent events and conduct a question-and-answer pe.
NEW YORK , Dec. 19, 2025 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to global corporations, institutional investors, and owners and occupiers, announces the Company served as exclusive real estate advisor to Scholastic Corporation (Nasdaq: SCHL) on the $386 million sale-leaseback of its New York City headquarters located at 555–557 Broadway. Newmark Co-Head of Capital Markets Adam Spies , Executive Vice Chairman Joshua King and Executive Managing Director Avery Silverstein represented Scholastic in the transaction, with support from Executive Vice Chairmen Adam Doneger and Marcella Fasulo.
The REIT sector returned to positive territory in November (+1.02%) after back-to-back months in the red. Mid caps (+3.53%) led the REIT sector in November followed by small caps (+3.38%) and large caps (+0.32%); micro caps (-8.76%) badly underperformed. 68.15% of REIT securities had a positive total return in November.
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) today announced that the Empire State Building has achieved Leadership in Energy and Environmental Design (LEED) Platinum certification under the Existing Buildings: Operations + Maintenance Version 5 program, the highest level of recognition under the U.S. Green Building Council's latest standard. The Empire State Building is the largest LEED v5 Platinum project in the United States and the first in the state of New York t.
New York City-based HGI Capital Management sold 494,696 shares of Empire State Realty Trust in the third quarter, reducing its position by about $4 million. The transaction represented 11.0% of HGI Capital's reported 13F assets under management.
Arrowstreet Capital Limited Partnership grew its stake in Empire State Realty Trust, Inc. (NYSE: ESRT) by 42.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,169,216 shares of the real estate investment trust's stock after acquiring an
U.S. equity markets climbed to the cusp of fresh record-highs as another soft slate of employment data and modest PCE inflation data helped solidify the case for another rate cut. ADP provided the most evident signs of cooling labor markets, posting job losses in three of the past six months and a cooldown in wage growth to four-year lows. The PCE report showed corresponding disinflation in discretionary services categories, offsetting modest upward pressures on goods prices, resulting in the first monthly deceleration in core inflation since April.
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that its Board of Directors has declared a dividend of $0.035 per share for the fourth quarter of 2025, payable to holders of the Company's Class A common stock and Class B common stock and to holders of Empire State Realty OP, L.P.'s (“ESRO”) Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) and Series PR operating partnership uni.
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), announced that it has agreed to acquire 555-557 Broadway (the “Scholastic Building”) for $386 million. The property is located in the SoHo submarket of Manhattan, between Spring and Prince Streets with entrances on both Mercer Street and Broadway, and is comprised of approximately 368,000 square feet of office and 28,000 square feet of prime retail. The property is 70% leased, including a 15-year office lea.
Binding Agreements Signed for Sale of New York City Headquarters and Jefferson City, Missouri Distribution Center Transactions Expected to Generate $401 Million in Estimated Net Proceeds to Be Deployed Toward Company's Capital Allocation Priorities, including Debt Reduction and Share Repurchases NEW YORK , Dec. 2, 2025 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that it has entered into sale-leaseback transactions for its headquarters location in New York City ("555-557 Broadway") and its primary distribution facility in Jefferson City, Missouri ("Jefferson City"), which together are expected to generate estimated net proceeds of $401 million. The sale of these real estate assets aligns with the Company's long-term plan to monetize its significant non-operating assets to improve the efficiency of its balance sheet and create shareholder value.
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced that it signed two new retail leases with HOKA and Tecovas for a total of 8,322 square feet to join ESRT's North Sixth Street Collection in Williamsburg, Brooklyn. HOKA, a sportswear company that specializes in running shoes, signed a new lease for a 4,148 square foot retail store at 91 N. Sixth Street. Davie Berke of CBRE represented HOKA in the lease negotiations. Western-wear brand Tecovas signed a new lease fo.
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced that it signed an 18,230 square foot expansion lease with Gerson Lehrman Group, Inc. (GLG) – a financial and global information services consulting company – for a total footprint of 95,612 square feet at One Grand Central Place. GLG renewed its 77,382 square foot office space at the building in April 2025. The company joined the ESRT portfolio in 2013 and now occupies two full floors which overlook Vanderbilt Pla.
NEW YORK--(BUSINESS WIRE)--The Empire State Building (ESB) today announced its Holiday Celebration plans include: holiday décor, classic movie screenings, local pop-ups, festive tower lightings, and a holiday takeover with the Radio City Rockettes to celebrate the most wonderful time of the year at New York City's number one attraction. “There is no better place to celebrate the holidays in New York City than at the Empire State Building Observatory,” said Dan Rogoski, General Manager at the Em.
Empire State Realty Trust is trading at an 8.8x multiple against the midpoint of its core FFO guidance for fiscal 2025. This is 24% lower than recently acquired peer PGRE. The Manhattan office-focused REIT saw net operating income from its observatory dip by 10.3% from its year-ago level as international visitors to New York fell. While ESRT's 1.91% dividend yield leaves little to be excited about, the REIT is far too discounted against the positive fundamentals of Manhattan and PGRE.
Nisa Investment Advisors LLC lowered its position in Empire State Realty Trust, Inc. (NYSE: ESRT) by 25.5% in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,307 shares of the real estate investment trust's stock after selling 9,674 shares
NEW YORK--(BUSINESS WIRE)--Trick-or-Treat! The Empire State Building (ESB) today announced details for its fall and Halloween festivities with an iconic pop-up, special tower lighting, fall photo corner, exclusive ticket offers and a visit from the Queen of Halloween, Heidi Klum. “The Empire State Building has always been at the heart of New York's holiday celebrations,” said Dan Rogoski, SVP, general manager of the Empire State Building Observatory. “Our fall festivities bring that same energy.
Shares of Empire State Realty Trust, Inc. (NYSE: ESRT - Get Free Report) have earned an average rating of "Hold" from the five analysts that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to
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.
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located office, retail, and multifamily assets. ESRT's flagship Empire State Building, the “World's Most Famous Building,” features its iconic Observatory, ranked the #1 Top Attraction in New York City for the fourth consecutive year in Tripadvisor's 2025 Travelers' Choice Awards: Best of the Best Things to.