Empire State Realty TrustESRT
About: 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. The company owns and operates around 8.5 million square feet of office space, about 80% of which is located in Manhattan.
Employees: 667
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
375% more call options, than puts
Call options by funds: $228K | Put options by funds: $48K
55% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 22
3% more funds holding
Funds holding: 222 [Q4 2024] → 228 (+6) [Q1 2025]
8% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 75
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
0.85% less ownership
Funds ownership: 73.64% [Q4 2024] → 72.79% (-0.85%) [Q1 2025]
25% less capital invested
Capital invested by funds: $1.26B [Q4 2024] → $949M (-$311M) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wells Fargo Blaine Heck | 10%upside $8.30 | Underweight Maintained | 19 May 2025 |
Financial journalist opinion
Based on 5 articles about ESRT published over the past 30 days









