NEW YORK CITY, (Jan. 26, 2021) – Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Pera Mediterranean Brasserie, the critically acclaimed restaurant from BK Restaurant Partners, has renewed its lease at One Grand Central Place. For more information on the Empire State Building, please visit www.empirestatebuilding.com, www.facebook.com/empirestatebuilding, www.twitter.com/empirestatebldg, www.instagram.com/empirestatebldg, www.weibo.com/empirestatebuilding, www.youtube.com/esbnyc, www.tiktok.com/@empirestatebldg or www.pinterest.com/empirestatebldg. Dime Community Bank, a local New York City-based bank that has been in business for more than 150 years, signed a new lease for 19,401 square feet. New York (Jan. 11, 2021) – The Empire State Building today announced its participation in President-Elect Biden’s plan to memorialize American lives lost from the COVID-19 pandemic with its iconic heartbeat lighting. “There is no better way to start the year at OGCP than with a great, new lease and the significant growth of an existing tenant,” said Thomas P. Durels, Executive Vice President, Real Estate for ESRT. The Motley Fool has a disclosure policy. It also owns more than a … “We, along with our friends at iHeartMedia and other partners, are delighted to make one couple’s dreams come true.”. Empire State Realty Trust, Inc. is a real estate investment trust. Empire State Realty Trust, a leading REIT, owns, manages, and operates office and retail properties in Manhattan and the greater NY metro area. Empire State Realty Trust, a leading REIT, has a broad portfolio of office and retail properties in Manhattan and the greater NYC metro area. In addition, couples must also obtain a valid New York State marriage license around the time of the ceremony to legally wed. For complete contest details and rules, please visit Z100.com or LiteFM.com. Tickets for 2/21/21 can be purchased here. Company Details. The Motley Fool has a disclosure policy. GRESB is recognized globally as a rigorous standard widely recognized as one of the best measures of sustainability performance of real estate companies and funds. “ESRT is happy to extend our relationship with Trexquant,” said Jeffrey H. Newman, senior vice president of ESRT. All Rights Reserved. To learn more about Empire State Realty Trust, visit empirestaterealtytrust.com and follow ESRT on Facebook, Instagram, Twitter and LinkedIn. The case for and against Empire State Realty Trust. Empire State Realty Trust (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the ?World's Most Famous Building.? Pera was represented by Bert Rosenblatt of Vicus Partners, LLC. For several months during New York City’s direst period, the Empire State Building’s heartbeat exhibited solidarity with and support for the millions of people affected by COVID-19, and specifically the emergency workers who addressed the first, great assault of the pandemic. iHeartMedia New York owns and operates WHTZ-FM, WKTU-FM, WAXQ-FM, WWPR-FM, WLTW-FM, WOR-AM, WWRL-AM and is a part of iHeartMedia. For more information on the Empire State Building, please visit www.empirestatebuilding.com, www.facebook.com/empirestatebuilding, https://twitter.com/empirestatebldg, www.instagram.com/empirestatebldg, http://weibo.com/empirestatebuilding, www.youtube.com/esbnyc, https://www.tiktok.com/@empirestatebldg or www.pinterest.com/empirestatebldg. Empire State Realty is an office REIT focused on the New York City region. Empire State Realty Trust, Inc (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the ÂWorld's Most Famous Building. Headquartered in New York, New York, the Company's office and retail portfolio covers … Eventually, the building was acquired by the current owners, Empire State Realty Trust Inc. who got the building by publicly trading it. Each night at 9 p.m., the Empire State Building played a light show of Alicia Keys’ anthem “Empire State of Mind” while iHeartMedia New York’s Z100 broadcasted the song live. The red heartbeat will return the evening of Jan. 19 from 5:30 p.m. to 2 a.m., with Keys’ anthem and accompanying light show to play once again on the building and can be heard on iHeartMedia New York’s Z100 and on the iHeartRadio app at 9 p.m. “One Grand Central Place’s location directly across from Grand Central Terminal is unmatched. The property was recently recognized as a Fitwel Champion. The Empire State Building is part of ESRT’s 10.1 million square feet portfolio. Because of that, the Empire State Building, the iconic landmark and international symbol of hope and strength, is happy to provide one couple with a day they’ll never forget,” said Jean-Yves Ghazi, president of the Observatory. ET to join President-Elect Biden’s pre-inaugural memorial service. Matthew Frankel, CFP owns shares of Empire State Realty Trust. Empire State Realty Trust owns, manages, and operates office and retail properties in Manhattan and the greater NY metro area. You should exercise caution in interpreting and relying on forward-looking statements, because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond ESRT’s control and could materially affect actual results, performance or achievements. Landlord representation was provided by Ryan Kass of ESRT, along with William G. Cohen, Scott J. Klau, Erik S. Harris, and Neil L. Rubin of Newmark Knight Frank. The Company’s office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 2020, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio. The Motley Fool owns shares of and recommends Empire State Realty Trust. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio product, using data from its massive consumer base. Landlord representation was provided by Fred C. Posniak of ESRT. In addition to the wedding, couples who wish to celebrate their love without the nuptials can also participate in the ESB’s Valentine’s Day festivities. For more information on Empire State Building tower lightings, please visit www.esbnyc.com/about/tower-lights/calendar. In addition, ESRT’s portfolio is the first in the United States to be certified under the WELL Health-Safety Rating, and we achieved a 5 Star Rating from GRESB in our first year of submission. With new investments in energy efficiency, infrastructure, public areas and amenities, the Empire State Building has attracted first-rate tenants in a diverse array of industries from around the world. From Jan. 25 through Feb. 5, couples whose 2020 wedding dreams were postponed or canceled due to the coronavirus pandemic can share their story online at Z100.com or LiteFM.com for the chance to win a jaw-dropping ceremony on Feb. 13, 2021 at the building’s 86th Floor Observatory. Empire State Realty Trust (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the ?World's Most Famous Building.? Empire State Realty Trust, Inc. (NYSE: ESRT) owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the "World's Most Famous Building." The company’s leadership position in audio extends across multiple platforms, including more than 850 live broadcast stations in over 160 markets nationwide; through its iHeartRadio digital service available across more than 250 platforms and 2,000 devices; through its influencers; social; branded iconic live music events; other digital products and newsletters; and podcasts as the #1 commercial podcast publisher. Empire State … We use cookies to ensure that we give you the best experience on our website. [238] “As everyone knows, it has been a very difficult time for restaurants, and we were thrilled to work with such an innovative and forward-thinking landlord like ESRT to structure a deal that worked for all parties,” said Burak Karacam, Managing Partner, Pera Mediterranean Brasserie. Jeffrey H. Newman and Kimberly Zaccagnino represented ESRT along with Jay Hruska, Steve Baker, Bill Montague, and John Altieri from Cushman & Wakefield. This press release contains forward-looking statements within the meaning of the Federal securities laws. Matthew DiLallo owns shares of Brookfield Property Partners. Except as may be required by law, ESRT and ESROP do not undertake a duty to update any forward-looking statement, whether as a result of new information, future events or otherwise. © 2021 Empire State Realty Trust - ESRT. Headquartered in New York, New York, the Company's office and retail portfolio covers … As the name suggests, Empire State Realty Trust owns the iconic Empire State Building. “The Empire State Building Observatory Experience reopened and began to safely welcome back visitors in July, and we continue to serve as the national and international symbol of strength and the ability to overcome any adversity.”. As the first commercial real estate portfolio in the U.S. to achieve the evidence-based, third-party verified WELL Health-Safety Rating for health and safety, ESRT additionally earned the highest possible GRESB 5 Star Rating and Green Star recognition for sustainability performance in real estate and was named a Fitwel Champion for healthy, high-performance buildings. ESRT is a leader in energy efficiency in the built environment and sustainability and is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating, an evidence-based, third-party verified rating for all facility types, focused on operational policies, maintenance protocols, emergency plans and stakeholder education to address a COVID-19 environment now and broader health and safety-related issues into the future. GRESB is recognized globally as a rigorous standard widely recognized as one of the best measures of sustainability performance of real estate companies and funds. The celebration doesn’t end there. With these certifications, ESRT’s overall leadership in Indoor Environmental Quality (IEQ), and First Stamford Place’s direct access off I-95 with proximity to the Stamford Transportation Center, the property serves as the ideal location for companies to recruit and retain employees from across the tri-state area.”. “2020 was a year like no other, and the pandemic impacted many brides and grooms’ special days. iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month – and with its quarter of a billion monthly listeners, has a greater reach than any other media company in the U.S. By 2014, the building was owned by the Empire State Realty Trust (ESRT), with Anthony Malkin as chairman, CEO, and president. Empire State Realty Trust, Inc. (NYSE: ESRT) owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the “World’s Most Famous Building.” ESRT is a leader in energy efficiency in the built environment and sustainability and is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating, an evidence-based, third-party verified rating for all facility types, focused on operational policies, maintenance protocols, emergency plans and stakeholder education to address a COVID-19 environment now and broader health and safety-related issues into the future. To be eligible for the wedding, couples must be over the age of 18. That evening, the newlyweds will spend their wedding night with a complimentary stay at The Langham, New York, Fifth Avenue, where they will toast with a welcome bottle of Champagne and enjoy a romantic rose petal turn-down service. Empire State Building was ranked the #1 New York City Attraction onLonely Planet’s Ultimate Travel List 2nd edition. The Building was named the world’s most popular travel destination in a study conducted by Uber and was named America’s favorite building in a poll conducted by the American Institute of Architects. Home to countless on-screen romances and real-life weddings and proposals, the Empire State Building is synonymous with love. Statement of acquisition of beneficial ownership by individuals, Annual statement of changes in beneficial ownership of securities, Statement of changes in beneficial ownership of securities, Initial statement of beneficial ownership of securities, Chairman, Chief Executive Officer and Pres, Executive Vice President, General Counsel and Secretary, Executive Vice President and Chief Financial Officer, Senior Vice President and Chief Investment Officer, Senior Vice President, Chief Accounting Officer and Treasurer, Senior Vice President and Director of Leasing. iHeartMedia New York owns and operates WHTZ-FM, WKTU-FM, WAXQ-FM, WWPR-FM, WLTW-FM, WOR-AM, WWRL-AM and is a part of iHeartMedia. Charlie Terrasi from Laterra Real Estate represented Dime Community Bank in the lease negotiations. “Our entire portfolio is the first in North America to be certified under the WELL Health-Safety Rating, and recently achieved a 5 Star Rating from GRESB. The ESB is the perfect location for awe-inspiring pictures, from save-the-dates to Instagram-worthy shots. One thousand feet above the heart of New York City and in front of a select, socially distanced group of family and friends, the chosen couple will become part of an elite club of people who have been married at the Empire State Building. Billions of impressions worldwide proved that the Empire State Building is an international symbol and icon of New York City. Empire State Realty Trust in a nutshell. The Motley Fool owns shares of and recommends Empire State Realty Trust. Empire State Building was ranked the #1 New York City Attraction onLonely Planet’s Ultimate Travel List 2nd edition. On Sunday, Feb. 21 – 2.21.21 – the Empire State Building will have a professional photographer from Showtime Pictures available for a romantic photoshoot at no additional cost. Empire State Realty Trust's (NYSE: ESRT) name says a lot about this real estate investment trust's (REIT's) purpose. Jeffrey Peck, Daniel Horowitz, and Jacob Stern from Savills represented Belkin Burden Goldman, LLP in the lease negotiations. For more information about the Empire State Building and a complete rundown of its safety protocols, please visit http://www.esbnyc.com. The Motley Fool has a disclosure policy. With these certifications and ESRT’s leadership in Indoor Environmental Quality (IEQ), One Grand Central Place is a top choice for any tenant that seeks the ability to return to the office with confidence and the convenience of a coveted Grand Central address.”. Empire State Realty Trust, Inc. (NYSE: ESRT) owns, manages, operates, acquires, and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the “World’s Most Famous Building.” The company’s office and retail portfolio covers 10.1 million rentable square feet, as of Sept. 30, 2020, which consists of 9.4 million rentable square feet across 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; as well as approximately 700,000 rentable square feet in the retail portfolio. The bride will shine in her choice of a gown from upscale bridal boutique Kleinfeld Bridal with a bouquet in hand from Urban Stems. “New York City has always, and will always, symbolize the hope and resilience of our great city and its people. The Building was named the world’s most popular travel destination in a study conducted by Uber and was named America’s favorite building in a poll conducted by the American Institute of Architects. Soaring 1,454 feet above Midtown Manhattan (from base to antenna top), the Empire State Building, owned by Empire State Realty Trust, Inc. (ESRT: NYSE), is the “World’s Most Famous Building.” 2021 marks the building’s 90th anniversary as an iconic landmark in the heart of New York City. The Motley Fool owns shares of and recommends Empire State Realty Trust. NEW YORK CITY, (Jan. 21, 2021) – Empire State Realty Trust, Inc. (NYSE: ESRT) announced today it has signed two new leases at One Grand Central Place. In its first year of submission, ESRT has earned the highest possible GRESB 5 Star Rating and Green Star recognition, and score of 88, in the 2020 GRESB Real Estate Assessment, an achievement that places ESRT in the top 20% of all respondents. Learn about our team. Previously Dime Community Bank occupied a 3,643 square foot space at the property. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio product, using data from its massive consumer base. NEW YORK (AP) _ Empire State Realty Trust Inc. (ESRT) on Wednesday reported a key measure of profitability in its fourth quarter. You can identify these statements by our use of words such as “assumes,” “believes,” “estimates,” “expects,” “intends,” “plans,” “projects” or the negative of these words or similar words or expressions that do not relate to historical matters. 212-736-3100 | achernin@empirestaterealtytrust.com, Empire State Building to also host complimentary photoshoots for visiting couples on Feb. 21. After four months without tourists paying a small fortune to peek over the edge of the Empire State Building, it should be no surprise that its owner is out $20 million. The real estate investment trust, based in New York, said it had funds from operations of $47.3 million, or 17 cents per share, in the period. “Pera Mediterranean Brasserie provides the tenants of One Grand Central Place with an upscale eastern Mediterranean restaurant experience,” said Fred C. Posniak, Senior Vice President, Leasing, for ESRT. NEW YORK CITY, Jan. 5, 2020 – Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Trexquant Investment, a quantitative investment firm, renewed its lease at First Stamford Place for 9,805 square feet. ESRT is a leader in energy efficiency in the built environment and sustainability, and is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating, an evidence-based, third-party verified rating for all facility types, focused on operational policies, maintenance protocols, emergency plans and stakeholder education to address a COVID-19 environment now and broader health and safety-related issues into the future. The company’s leadership position in audio extends across multiple platforms, including more than 850 live broadcast stations in over 160 markets nationwide; through its iHeartRadio digital service available across more than 250 platforms and 2,000 devices; through its influencers; social; branded iconic live music events; other digital products and newsletters; and podcasts as the #1 commercial podcast publisher. Empire State Reality Trust Inc. … Empire State Realty Trust shareholders are down 25% for the year, but the market itself is up 29%. About the Empire State Building Soaring 1,454 feet above Midtown Manhattan (from base to antenna top), the Empire State Building, owned by Empire State Realty Trust, Inc. (ESRT: NYSE), is the “World’s Most Famous Building.” 2021 marks the building’s 90 th … “Whether it’s for a business lunch or casual dinner, our tenants and locals love Pera’s food and service.”. Empire State Realty Trust Renews Pera Mediterranean Brasserie at One Grand Central Place, Empire State Building and iHeartMedia New York to Gift One Couple the Ultimate New York City Wedding at the World’s Most Romantic Building, Empire State Building to Shine in a Red Heartbeat to Honor Joe Biden’s COVID-19 Memorial, www.esbnyc.com/about/tower-lights/calendar, Empire State Realty Trust Renews Trexquant at First Stamford Place, Empire State Realty Trust Becomes Nation’s Largest 100% User of Green Power in Real Estate. By 2012 the Malkin’s decided to publicly trade the Empire State Building, but they were opposed. Mohonk Mountain House will also gift the couple a 2-night honeymoon, with meals and spa treatments included, at their iconic resort in the beautiful Hudson Valley. Empire State Realty Trust, Inc. (NYSE: ESRT) owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the … Reuben Gregg Brewer has no position in any of the stocks mentioned. Belkin Burden Goldman, LLP, a real estate-focused law firm, signed a new lease for 30,598 square feet at One Grand Central Place. New York (Jan. 25, 2021) – The Empire State Building (ESB), in partnership with iHeartMedia New York, today launched a national contest that will gift one couple the socially distanced wedding of their dreams on Valentine’s Day weekend at the world’s most romantic building, with everything from the dress to the wedding rings included. Visit iHeartMedia.com for more company information. The Empire State Building is part of ESRT’s 10.1 million square feet portfolio. Empire State Realty Trust, Inc. (NYSE: ESRT) owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the … The company owns nine office properties in Manhattan -- … ESRT has earned the highest possible GRESB 5 Star Rating and Green Star recognition, and score of 88, in the 2020 GRESB Real Estate Assessment, an achievement that places ESRT in the top 20% of all respondents. The ESRT was a public company , having begun trading publicly on the New York Stock Exchange the previous year. Empire State Realty Trust, Inc (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the ÂWorld's Most Famous Building. Headquartered in New York, New York, the Company's office and retail portfolio covers … Torey Walsh from Newmark Knight Frank represented Trexquant in the lease negotiations. Empire State Realty Trust operates as a pure-play greater New York and Manhattan-focused REIT, featuring its landmark Empire State Building office and observation deck. We will come back even stronger, and the Empire State Building will be here to welcome everyone back,” said Anthony E. Malkin, chairman, president, and CEO, Empire State Realty Trust. iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month – and with its quarter of a billion monthly listeners, has a greater reach than any other media company in the U.S. After an unprecedented year, the building will open its world-famous 86th Floor Observatory to a couple in need of a new plan to make and celebrate their commitment to one other. Empire State Realty Trust is a leader in energy efficiency in the built environment and sustainability, with 76 percent of the eligible portfolio ENERGY STAR certified. Funds from operations is a closely watched measure in the REIT industry. If you continue to use this site we will assume that you are happy with it. achernin@empirestaterealtytrust.com | 212-736-3100, Music-to-Light Show Synced to Alicia Keys’ ‘Empire State of Mind’ Returns With Simulcast on iHeartMedia New York’s Z100 and the iHeartRadio App. The company owns and operates around 10 million square feet of office space, about 80% of which is located in Manhattan. To make the day an extravagant affair, the lucky couple will say “I Do” with magnificent wedding bands from American luxury jewelry designer David Yurman. Such factors and risks include, without limitation, the current public health crisis and economic disruption from the COVID-19 pandemic, a failure of conditions or performance regarding any event or transaction described above, regulatory changes, and other risks and uncertainties described from time to time in ESRT’s and ESROP’s filings with the SEC, including those set forth in each of ESRT’s and ESROP’s Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, under the heading “Risk Factors”. With new investments in energy efficiency, infrastructure, public areas and amenities, the Empire State Building has attracted first-rate tenants in a diverse array of industries from around the world. Visit iHeartMedia.com for more company information. Long the leader in energy efficiency retrofits and Indoor Environmental Quality, Empire State Realty Trust is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating. Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 2020, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio. Church bells will sound, and towers and landmarks will illuminate nationwide in unity and remembrance.
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