Empire State Realty OP, L.P.
New York Stock Exchange ArcaRecent
price
P/E
ratio
div
yld
- -
ROIC.AI
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- Similar Companies
- Business
- Empire State Realty OP, L.P. (ESBA) operates as the operating partnership subsidiary of Empire State Realty Trust, Inc., a New York City-focused real estate investment trust that owns, manages, operates, acquires, and repositions a portfolio of modernized office, retail, and multifamily properties in Manhattan and the greater New York metropolitan area; key assets include the flagship Empire State Building with its iconic observatory, One Grand Central Place, 111 West 33rd Street, 1350 Broadway, 350 Fifth Avenue, and additional properties such as retail collections in Williamsburg, Brooklyn, totaling approximately 7.8 million rentable square feet of office space, 0.8 million rentable square feet of retail space, and 743 residential units as of September 30, 2025. The partnership provides property management services, asset management, leasing activities, sustainability initiatives including energy efficiency retrofits and indoor environmental quality enhancements like IEQ Suites and TurnKey Suites, and observatories for public visitation, targeting corporate tenants, retail operators, and residential occupants with a focus on high-occupancy, amenitized spaces featuring amenities such as the 65,000 square foot Empire State Building Club Level. Founded in 2011 and headquartered at 111 West 33rd Street, 12th Floor, New York, New York, the company emphasizes leadership in carbon neutrality, having achieved it for its commercial portfolio through energy retrofits and offsets, alongside urban beekeeping partnerships and deep-energy retrofit playbooks co-developed with NYSERDA. Recent developments include the December 2025 all-cash acquisition of the Scholastic Building, adding roughly 368,000 square feet of office space and 28,000 square feet of retail with a 15-year lease to Scholastic and fully leased retail; third-quarter 2025 leasing highlights such as a 19,883 square foot renewal and expansion with Jencap Group at 1350 Broadway, a 16,402 square foot renewal with Haver Analytics at One Grand Central Place, and post-quarter expansions including 18,230 square feet with Gerson Lehrman Group and new retail leases to Rolex, HOKA, and Tecovas; and ongoing sustainability milestones like portfolio-wide carbon neutrality and bee hive installations with Alvéole.
Empire State Realty OP (NYSE:ESBA) Stock Price Up 0.1% – Here’s Why
Empire State Realty OP (NYSE:ESBA) Trading Up 2.2% – Still a Buy?
New Trailhead For Empire State Trail Opens In Patterson
New York's Cuomo warns against 'blindly' reopening states
New York's Andrew Cuomo warns against 'blindly' reopening states
New York's Cuomo warns against 'blindly' reopening states
New York reports 299 new coronavirus deaths, ending six-day downward trend
Rick Scott hits back at Andrew Cuomo over bailouts: 'People keep leaving his state'
Congress ready to hit the skids again
<![CDATA[De Blasio roasted after shutting down rabbi’s funeral — Antibody tests offered for first responders — State paid $69M for ventilators that never came ]]>
<![CDATA[Back to the wealth tax]]>
Trump says US 'very close' to 5m daily coronavirus tests target despite country only doing 200,000 a day
Nearly Half of New York Breweries Say Their Businesses Could Close in 3 Months, According to Guild Survey
New York needs federal loan to pay state unemployment benefits
Greg Gutfeld slams dispute over state bailouts, says lawmakers 'falling back into the same mistakes'
Coronavirus-inspired SALT cap relief may incentivize more people to pay their taxes
<![CDATA[City and state pursue contact tracing strategies — Lockdown protests come to Cuomo country — City Council goes back to work remotely ]]>
U.S. Initial Jobless Claims Fall to 4.42 Million
BMO Capital Maintains Their Sell Rating on Empire State Realty (ESRT)
Living in America's heartland during a pandemic can be a blessing and a curse